Mr. D. Scott Patterson reports

FIRSTSERVICE DECLARES 11% INCREASE TO QUARTERLY CASH DIVIDEND

FirstService Corp.'s board of directors has approved an 11-per-cent increase in the quarterly cash dividend on the outstanding common shares of the company and declared a quarterly dividend of 30.5 U.S. cents per common share, up from the previous 27.5 U.S. cents per common share. The dividend is payable on April 7, 2026, to holders of common shares of record at the close of business on March 31, 2026.

The company's dividend will be $1.22 (U.S.) on an annualized basis, up from $1.10 (U.S.) during the past year. For more than 10 years, FirstService has delivered annual dividend growth of at least 10 per cent, supported by the long-term record of strong earnings and free cash flow growth at the company. As the company continues to drive responsible growth while maintaining a conservative balance sheet, it retains the financial flexibility to raise dividends and deliver additional returns to its shareholders.

The dividend on common shares is an eligible dividend for Canadian income tax purposes.

About FirstService Corp.

FirstService is a North American leader in the property service sector, serving its customers through two industry-leading service platforms: FirstService Residential -- North America's largest manager of residential communities; and FirstService Brands -- one of North America's largest providers of essential property services delivered through individually branded company-owned operations and franchise systems.

FirstService generates approximately $5.5-billion (U.S.) in annual revenues and has more than 30,000 employees across North America. With significant insider ownership and an experienced management team, FirstService has a long-term record of creating value and superior returns for shareholders. The common shares of FirstService trade on Nasdaq and the Toronto Stock Exchange under the symbol FSV, and are included in the S&P/TSX 60 Index.

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