Ms. Caroline Drouin reports

IA FINANCIAL GROUP WILL HOLD ITS ANNUAL MEETINGS ON MAY 8 AND HAS MADE AVAILABLE ITS ANNUAL REPORT AND MEETING DOCUMENTATION

The annual shareholder meeting of iA Financial Corp. Inc. and the annual meeting of the sole common shareholder and of the participating policyholders of Industrial Alliance Insurance and Financial Services Inc. (iA Insurance) will be held together on Thursday, May 8, 2025, at 2 p.m. ET in hybrid format.

Shareholders and participating policyholders may attend the meeting virtually via live webcast at (password: iA2025) or in person at the Quebec City Convention Centre, 1000 Rene Levesque Blvd. East, Quebec City, Que. For detailed instructions on how to join the meeting virtually or in person and on how to exercise their voting rights, shareholders should refer to the proxy circular relating to the annual meeting of iA Financial, and participating policyholders should consult the information document for participating policyholders relating to the annual meeting of iA Insurance as well as their proxy form or voting instruction form.

Registered shareholders and duly appointed proxyholders will be able to participate in the meeting, ask questions and exercise their voting rights. Registered shareholders and duly appointed proxyholders who attend the meeting virtually will also be able to ask questions and exercise their voting rights, all in real time, provided they are connected to the Internet and comply with all the provisions set out in the circular and the rules of conduct for the virtual meeting. Beneficial owners not duly appointed as proxyholders will be entitled to attend the meeting as guests but will not be entitled to vote at the meeting.

Participating policyholders who wish to exercise their right to vote by proxy before the meeting must obtain a proxy form by communicating by email with the corporate secretariat of iA Financial Group at secretariat_corporatif@ia.ca. Participating policyholders who wish to participate in the meeting and vote at the meeting must also contact the corporate secretariat of iA Financial Group at secretariat_corporatif@ia.ca to obtain a control number allowing them to log in to the meeting via the link mentioned in the original version of this news release and vote at the meeting.

The company strongly encourages shareholders and participating policyholders to vote before the meeting using any of the methods listed on their proxy form or voting instruction form. In order for a proxy to be voted at the annual meeting, the completed proxy form must be received by Computershare Investor Services Inc. no later than 5 p.m. (local time) on May 6, 2025.

If you are a shareholder and require assistance with voting your common shares, please contact the company's proxy solicitation agent, Laurel Hill Advisory Group, by telephone at 1-877-452-7184 (toll-free in North America), at 1-416-304-0211 (outside North America) or by e-mail at assistance@laurelhill.com.

Annual report and documents relating to the annual meetings available on-line

The 2024 annual report, circular, rules of conduct for the virtual meeting and information document are now available on-line. The annual report and the circular are also available at SEDAR+. The shareholders of iA Financial will receive the documents relating to the annual meeting in the coming days.

The annual report includes the annual management's discussion and analysis, the 2024 consolidated financial statements, and related information about iA Financial Group.

The circular includes information on the exercise of voting rights at the annual meeting of iA Financial, as well as information on the board of directors, governance practices and executive compensation.

The rules of conduct are intended to ensure the proper conduct of the annual meeting and describe how a shareholder may intervene and ask questions during the meeting.

The information document includes information on the exercise of voting rights at the annual meeting of iA Insurance, as well as information on the board of directors, governance practices and board compensation.

It should be noted that 13 candidates are nominated this year for election to the board of directors of iA Financial and 11 candidates are nominated for election to the board of directors of iA Insurance. All nominees are presented in either the circular or the information document.

If you have any questions or would like additional information about the annual meetings, please contact Computershare at 1-800-564-6253 (toll-free in Canada and United States) or 1-514-982-7555 (other countries).

About iA Financial Corp. Ltd.

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).