IGM FINANCIAL REPORTS THIRD QUARTER EARNINGS

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IGM FINANCIAL REPORTS THIRD QUARTER EARNINGS

Readers are referred to the disclaimer regarding Forward-Looking Statements, Non-IFRS Financial Measures and Other Financial Measures at the end of this Release.

WINNIPEG, MB, Nov. 5, 2026 /CNW/ — IGM Financial Inc. (IGM or the Company) (TSX: IGM) today announced earnings results for the third quarter of 2026.

• Record high adjusted earnings per share1,2of $1.51 increased by 18.9%from $1.27 in the third quarter of 2025. Record high adjusted net earnings1,2of $351.1 million increased by 16.6%from $301.2 million in the third quarter of 2025.

• Earnings per share1of $2.10 increased by 66.7%from $1.26 in the third quarter of 2025. Net earnings1of $487.5 million increased by 63.5%from $298.1 million in the third quarter of 2025. Net earnings and earnings per share in the current quarter include the step acquisition gain related to the Northleaf acquisition, net of tax and non-controlling interest (NCI), of $144.0 million or $0.62 per share, respectively.

• Assets under <a href="https://bitcomme.com/smmclutch-aims-to-make-social-media-service-management-easier-for-businesses-and-resellers/” title=”SMMClutch Aims to Make Social Media Service Management Easier for Businesses and Resellers”>management and advisement of $381.7 billion were up 26.1% from the third quarter of 2025and up 11.2% from the prior quarter. The increase in the current quarter was due in part to the inclusion of Northleaf’s AUM beginning July 1, 2026.

• IGM’s assets under management and advisement including strategic investments were $645.6 billioncompared with $622.1 billion at June 30, 2026 and $562.4 billion at September 30, 2025.

• Net inflows were $3.4 billion compared to net inflows of $2.4 billion in the third quarter of 2025.

• The Company returned $343 million to shareholders through dividends and share repurchases in the third quarter.

• The fair value of IGM’s investment in Wealthsimple Financial Corp. increased by $341 million ($1.49 per IGM share) in the quarter to $2.9 billion.

“IGM Financial delivered record adjusted earnings per share of $1.51, an increase of 18.9%, reflecting strong operating performance across our wealth and asset management businesses,” said Damon Murchison, President and Chief Executive Officer of IGM Financial Inc. “We continued to advance our strategy through the additional investment in Wealthsimple and returned approximately $343 million to shareholders through dividends and share repurchases during the quarter. With strong businesses, broad investment capabilities and disciplined capital allocation, IGM is well positioned to create sustainable long-term value.”