Mr. Jacques Martin reports

IA FINANCIAL GROUP ANNOUNCES ANNUAL MEETING VOTING RESULTS

The nominees listed in the management proxy circular dated March 10, 2026, have been elected as directors of iA Financial Corp. Inc. (iA Financial Group) and the nominees listed in the information document for participating policyholders dated March 10, 2026, have been elected as directors of Industrial Alliance Insurance and Financial Services Inc. (iA Insurance).

Furthermore, iA Financial announces the election of a new director to its board: Kenneth F. Kroner.

Mr. Kroner is a corporate director with extensive global investment leadership experience. After spending 22 years at BlackRock, where he served as senior managing director and sat on its global executive committee, he was a member of the board of directors of Alberta Investment Management Corp. (AIMCo). He also founded and led Pluribus Labs LLC, a global equity investment firm specializing in quantitative investment solutions.

With his vast experience and qualities, this new board member will make a great contribution to iA Financial board's activities.

Voting results

iA Financial Group also announces the results of the votes by ballot held at its annual meeting on May 7, 2026.

For iA Financial

Election of directors by common shareholders

Each of the nominees for the common shareholders listed in the circular was elected.

Appointment of external auditor

Ernst & Young LLP was appointed as iA Financial's external auditor.

Advisory vote on the approach to executive compensation

The advisory resolution on iA Financial's approach to executive compensation was approved.

Shareholder proposal No. 1

The shareholder proposal No. 1 -- improve shareholder participation in annual general meetings -- was rejected.

Shareholder proposal No. 2

The shareholder proposal No. 2 -- advisory vote on environmental policies -- was rejected.

Shareholder proposal No. 3

The shareholder proposal No. 3 -- adjust competency grid to include environmental expertise -- was rejected.

Final results for all matters voted on during the annual meeting of iA Financial will be submitted to Canadian securities administrators and will be available on SEDAR+.

For iA Insurance

Election of directors

Each of the nominees listed in the information document was elected, five by participating policyholders and eight by the sole common shareholder.

Appointment of external auditor

Ernst & Young was appointed as iA Insurance's external auditor by the sole common shareholder.

About iA Financial Corp. Inc. (iA Financial Group)

iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States. Founded in 1892, it is an important Canadian public company and is listed on the Toronto Stock Exchange under the ticker symbol IAG (common shares).