Saturday, October 1 2022

TORONTO, August 18, 2022 /CNW/ – Canaccord Genuity Group Inc. (TSX: CF) (the “Company”) wishes to announce the filing of a normal course issuer bid to purchase common shares of the Company through the facilities of the TSX and on other Canadian trading systems in accordance with TSX requirements. The Company has filed a notice of normal course issuer bid to provide the option to purchase up to a maximum of 4,959,281 of its common shares through the facilities of the TSX or other Canadian trading systems. The purpose of purchasing common shares under the normal course issuer bid is to enable the Company to acquire shares for cancellation, and any shares acquired will be cancelled. The redeemable shares represent 5% of the Company’s outstanding common shares. From August 8, 2022, there were 99,185,630 common shares of the Company issued and outstanding. Pursuant to a previous notice of intention to make a normal course issuer bid, pursuant to which the Company sought and received TSX approval to purchase up to 5,342,990 of its ordinary shares for the period from August 21, 2021 at August 20, 2022the Company purchased, as of July 31, 20222,252,700 common shares for cancellation under the normal course issuer bid at a volume-weighted average price of approximately $130.24 per common share.

The Company has also entered into a predefined plan with a Designated Broker to enable the repurchase of its common shares under this normal course issuer bid. The Company’s broker may repurchase the Common Shares under the Plan on any trading day during the normal course issuer bid, including during the Company’s internal trading blackout periods. The Plan has been reviewed by the Toronto Stock Exchange and will terminate on the earlier of the Company’s termination of the Plan in accordance with its terms and the expiration of the Offer.

Purchases under the normal course issuer bid are at the Company’s discretion and are expected to commence on August 21, 2022 and will continue for one year (until August 20, 2023). The maximum consideration will be the market price of the securities at the time of acquisition. Subject to the once-per-calendar-week bulk purchase exemption, daily purchases are limited to 76,881 common shares of the Company (representing 25% of the average daily trading volume of the common shares of the Company at the TSX during the six calendar months from February 2022 at July 2022 of 307,527 ordinary shares).

ABOUT CANACCORD GENUITY GROUP INC.

Through its principal subsidiaries, Canaccord Genuity Group Inc. is a leading, independent, full-service financial services firm operating in two primary segments of the securities industry: wealth management and capital markets. Since its inception in 1950, the Company has been driven by an unwavering commitment to building lasting relationships with its clients. We do this by generating value for our retail, institutional and corporate clients through comprehensive investment solutions, brokerage and investment banking services. The Company has wealth management offices located in Canadathe United Kingdom, Guernsey, Jersey, the Isle of Man and Australia. The Company’s International Capital Markets division operates in North AmericaUK & Europe, Asia, Australia and the Middle East.

Canaccord Genuity Group Inc. is publicly traded under the symbol CF on the Toronto Stock Exchange.

www.cgf.com/relations-investors

SOURCE Canaccord Genuity Group Inc.

For further information: Investor Relations and Media Inquiries: Christina Marinoff, Vice President, Investor Relations and Communications, Phone: 416-687-5507, Email: [email protected]

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