CI Financial Reports Financial Results for the Fourth Quarter of 2024

• Q4 IFRS results reflect the accounting impact of CI’s take-private transaction. Adjusted financial results are presented consistent with prior quarters
• Diluted EPS of $(2.85), adjusted diluted EPS¹ of $1.06
• EBITDA of $(238.3) million, adjusted EBITDA attributable to shareholders¹ of $292.7 million
• EBITDA per share of $(1.65) and adjusted EBITDA attributable to shareholders¹ per share of $2.02
• Operating cash flow of $107.1 million, free cash flow¹ of $179.9 million
• Operating cash flow per share of $0.74, free cash flow per share of $1.24
• Total assets of $529.4 billion, up $84.6 billion or 19.0% year over year
• Paid $28.7 million in dividends at $0.20 per share
• Following quarter-end, shareholders overwhelmingly approved the Plan of Arrangement with Mubadala Capital

All financial amounts in Canadian dollars as at December 31, 2024, unless stated otherwise.

TORONTO -- (BUSINESS WIRE) -- CI Financial Corp. (“CI”) (TSX: CIX) today released financial results for the quarter ended December 31, 2024.