AGF Management announces TSX approval for normal course issuer bid

AGF Management (AGFMF) announced that the Toronto Stock Exchange has approved AGF’s notice of intention to renew its normal course issuer bid in respect of its Class B Non-Voting Shares. As at January 26, 2026, there were 64,472,5331 Class B Non-Voting Shares issued and outstanding and the public float consisted of 46,938,306 Class B Non-Voting Shares. Under the announced normal course issuer bid, AGF is permitted to purchase up to 4,693,830 Class B Non-Voting Shares, representing approximately 10% of the public float for such shares as of January 26, 2026. Purchases under the normal course issuer bid may commence on February 10, 2026 and continue until February 9, 2027, when the bid expires. Pursuant to the Articles of AGF, the Class B Non-Voting Shares may not be purchased by AGF at a price which exceeds more than 15% of the weighted average price at which the Class B Shares traded on the TSX during the ten trading days immediately preceding the date of any such purchase. AGF announced that it will be entering into an automatic purchase plan with a broker during the normal course issuer bid. The Plan is effective as of February 10, 2026 and should terminate together with the normal course issuer bid. The Plan allows for purchases by AGF of its Class B Non-Voting Shares, subject to certain parameters.