CIX CompX International Inc

All financial amounts in Canadian dollars unless stated otherwise.

CI Financial Corp. (“CI”) (TSX: CIX) today reported preliminary total assets of $394.9 billion as at April 30, 2023, a record for CI. The total consisted of asset management assets of $123.4 billion, Canadian wealth management assets of $82.6 billion, and U.S. wealth management assets of $188.9 billion.

CI FINANCIAL CORP.

April 30, 2023

PRELIMINARY MONTH-END ASSETS (C$ Billions)

ENDING ASSETS

April

2023

March

2023

% Change

April

2022

% Change

Asset management (1)

$123.4

$122.0

1.1%

$128.4

-3.9%

Canada wealth management

$82.6

$81.6

1.2%

$78.3

5.5%

U.S. wealth management (2)

$188.9

$187.5

0.7%

$149.3

26.5%

TOTAL ASSETS

$394.9

$391.1

1.0%

$356.0

10.9%

ASSET MANAGEMENT – AVERAGE AUM

April

2023

March

2023

March

2023

Fiscal 2022

% Change

Monthly average

$122.6

$121.2

-

-

1.2%

Quarter-to-date average

$122.6

-

$121.9

-

0.6%

Year-to-date average

$122.1

-

-

$125.0

-2.3%

1. Includes $33.2 billion of assets managed by CI and held by clients of advisors with Assante, CIPC and Aligned Capital as at April 30, 2023 ($33.0 billion at March 31, 2023 and $33.0 billion at April 30, 2022).
2. Month-end USD/CAD exchange rates of 1.3548, 1.3515 and 1.2848 for April 2023, March 2023 and April 2022, respectively.

About CI Financial

CI Financial Corp. is a diversified global asset and wealth management company operating primarily in Canada, the United States and Australia. Founded in 1965, CI has developed world-class portfolio management talent, extensive capabilities in all aspects of wealth planning, and a comprehensive product suite.

CI operates in three segments:

• Asset Management, which includes CI Global Asset Management, which operates in Canada, and GSFM Pty Ltd., which operates in Australia.
• Canadian Wealth Management, which includes the operations of CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth (Canada), Northwood Family Office, CI Direct Investing and CI Investment Services.
• U.S. Wealth Management, which includes CI Private Wealth (U.S.), an integrated wealth management firm providing comprehensive solutions to ultra-high-net-worth and high-net-worth clients across the United States.

CI is headquartered in Toronto and listed on the Toronto Stock Exchange (TSX: CIX). To learn more, visit CI’s website or LinkedIn page.

CI Global Asset Management is a registered business name of CI Investments Inc., a wholly owned subsidiary of CI Financial Corp.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230523005077/en/

Investor Relations Jason Weyeneth, CFA Vice-President, Investor Relations & Strategy 416-681-8779 jweyeneth@ci.com

Media Relations Canada Murray Oxby Vice-President, Corporate Communications 416-681-3254 moxby@ci.com

United States Jimmy Moock Managing Partner, StreetCred 610-304-4570 jimmy@streetcredpr.com ci@streetcredpr.com