Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Guardian Capital Group Limited’s Shareholders Vote for the Proposed Plan of Arrangement With Desjardins Global Asset Management Inc.

TORONTO, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Guardian Capital Group Limited (“Guardian” or the “Company”) (TSX:GCG) (TSX:GCG.A) is pleased to announce that the two leading independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. LLC ("Glass Lewis") have each recommended that holders of the Company’s Common Shares and Class A Shares (the “Shareholders”) vote FOR the special resolution (the “Arrangement Resolution”) to approve the previously-announced plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”), pursuant to which Shareholders (other than the rollover shareholders in respect of their rollover shares), will receive C$68.00 (the “Consideration”) in cash for each share owned, representing a premium of 66% and 48% over the last closing price of the Class A Shares and of the Common Shares of the Company (together, the “Shares”), respectively, on the Toronto Stock Exchange (the “TSX”) on August 27, 2025 (the last trading day before the announcement of the Arrangement) and a premium of 65% and 54% over the 30-day volume-weighted average trading price as at such date for the Class A Shares and the Common Shares, respectively, on the TSX.

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