Guardian Capital Group Limited Announces Shareholder Approval of Previously Announced Plan of Arrangement

Core Points - Guardian Capital Group Limited announced the approval of a plan of arrangement where Desjardins Global Asset Management Inc. will acquire all issued and outstanding shares for C$68.00 per share in cash [1] - The Arrangement Resolution was approved by 99.19% of the votes cast by shareholders, with 86.83% for Common shares and 99.84% for Class A shares, excluding votes from certain Excluded Persons [2] Company Overview - Guardian Capital Group Limited is a global investment management company with C$164.1 billion in total client assets and a proprietary investment portfolio valued at C$1.25 billion as of June 30, 2025 [4] - Founded in 1962, Guardian has built a reputation for steady growth and long-term relationships, emphasizing core values of authenticity, integrity, stability, and trustworthiness [4] Arrangement Details - The completion of the Arrangement is subject to final court approval and regulatory approvals, including those under the Competition Act (Canada) [3] - A hearing for the Final Order is expected on October 28, 2025, with the Arrangement anticipated to close in the first half of 2026, pending all conditions are met [3]