Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Guardian Capital Group Limited's Shareholders Vote for the Proposed Plan of Arrangement With Desjardins Global Asset Management Inc.

Core Viewpoint - Guardian Capital Group Limited has received recommendations from leading independent proxy advisory firms ISS and Glass Lewis to vote in favor of a special resolution for a plan of arrangement that offers shareholders C$68.00 per share, representing significant premiums over previous trading prices [1][2][3] Summary by Sections Recommendations from Proxy Advisory Firms - ISS recommends voting "FOR" the Arrangement Resolution, highlighting the meaningful premium to the unaffected price and the reasonable valuation, along with the certainty of cash exit for non-rolling shareholders [2] - Glass Lewis also supports the Arrangement, stating it represents a favorable outcome for public shareholders considering the company's standalone prospects and the negotiation process [2] Financial Terms and Board Recommendation - The proposed arrangement is viewed as fair and favorable for shareholders, providing an attractive opportunity for liquidity and certainty, with the C$68.00 consideration being an all-time high for the company's shares [3] - The Board of Directors, after receiving legal and financial advice, unanimously recommends that shareholders vote "FOR" the Arrangement Resolution, determining it to be in the best interests of the company [3] Meeting Details - A special meeting for shareholders to discuss the Arrangement is scheduled for October 23, 2025, with a voting deadline of October 21, 2025 [4][6] Update on Mailing and Voting Process - Due to a national labor strike affecting Canada Post, there may be delays in the delivery of materials to shareholders, but the company has taken steps to courier materials where possible [8] - Shareholders are encouraged to vote online or by telephone to avoid potential mail delays [9] Interests in the Arrangement - Certain shareholders, referred to as Rollover Shareholders, will receive a mix of shares and cash as part of the arrangement, with a total of 7,667,390 shares being transferred [10][13]