CI Financial Reports Financial Results for the Second Quarter of 2024

• Record diluted EPS of $1.15, record adjusted diluted EPS ¹ of $0.90
• Record EBITDA of $342.7 million, record adjusted EBITDA attributable to shareholders ¹ of $253.2 million
• EBITDA per share of $2.27 and adjusted EBITDA attributable to shareholders ¹ per share of $1.68, both at record levels
• Operating cash flow of $176.8 million, free cash flow ¹ of $151.7 million
• Operating cash flow per share of $1.17, free cash flow per share of $1.01
• Record total assets of $489.0 billion, up $81.0 billion or 19.8% year over year
• Paid $30.3 million in dividends at $0.20 per share
• In July, total assets surpassed $500 billion for the first time
• Repurchased 9.9 million shares under substantial issuer bids completed in April and July
• Corient acquired two U.S. wealth management firms with combined assets of approximately $5.6 billion; two additional firms acquired after quarter-end, adding $8.1 billion

All financial amounts in Canadian dollars as at June 30, 2024, unless stated otherwise.

TORONTO -- (BUSINESS WIRE) -- CI Financial Corp. (“CI”) (TSX: CIX) today released financial results for the quarter ended June 30, 2024.