Reference is made to the TSX Venture Exchange bulletin dated Nov. 23, 2023, with respect to the listing of the preferred shares of Partners Value Investments Inc. (PVF.PR.V), a 100-per-cent subsidiary of Partners Value Investments LP, issued pursuant to the plan of arrangement.

The details on the preferred shares have been clarified as follows.

Symbol:  PVF.PR.V (no change)

Cusip:  70214W 20 3 (no change)

Currency:  U.S. dollar (no change)

Terms:  The dividend rate for the preferred shares is 4 per cent per annum equal to one U.S. cent per preferred share each quarter, rather than four U.S. cents per preferred share each quarter.

Maturity:  Nov. 27, 2030 (no change)

Capitalization:  70,671,137 preferred shares issued and outstanding

Trading in the preferred shares of Partners Value Investments Inc. will resume at the close on Friday, Dec. 15, 2023.

For more information on the terms of these preferred shares, please refer to the company's news release issued on Dec. 13, 2023, and the TSX Venture Exchange's bulletin dated Nov. 23, 2023.

Furthermore, the following is clarified with respect to issued and outstanding amount of equity units (PVF.UN) and preferred units, Series 1 (PVF.PR.U).

Equity units

Capitalization:  70,671,137

Trading symbol:  PVF.UN (no change)

Preferred units, Series 1

Capitalization:  18,767,012

Trading symbol:  PVF.PR.U (no change)

There are no other changes to the terms and trading status of equity units and preferred units, Series 1.