Empowering Shareholders: The Importance of Your Vote
Your vote matters greatly, whether you hold a few shares or a significant number of Guardian shares.
Unanimous Board Recommendation in Favor of the Arrangement
The Board of Directors at Guardian has reached a unanimous decision to recommend that Shareholders, excluding the rollover Shareholders, vote in favor of the Arrangement Resolution. This marks a critical moment for Guardian Capital Group Limited as it announces its proposed arrangement with Desjardins Global Asset Management Inc.
Proxy Advisory Firms Show Strong Support
Two prominent independent proxy advisory firms, Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. LLC (Glass Lewis), have each advised the Shareholders of Guardian to vote in favor of the Arrangement Resolution, indicating a strong backing for the proposed arrangement.
Insights from ISS and Glass Lewis
In their evaluation, ISS expressed that the offer presents a substantial premium over the previous market prices, highlighting the fairness of the proposed financial terms. Meanwhile, Glass Lewis noted that the transaction reflects reasonable financial terms and presents an exceptional opportunity for shareholders to gain full liquidity and certainty regarding their investments.
Details on the Arrangement and Meeting
Guardian has planned a special meeting of Shareholders for October 23, 2025, to discuss the proposed Arrangement. During this meeting, Shareholders will be able to vote on the Arrangement Resolution, which will offer a cash payment of C$68.00 for each share owned, representing significant premiums over the last trading prices.
Voting Methods and Important Dates
With the ongoing postal strikes, Shareholders are encouraged to utilize online or telephone voting methods. Registered shareholders can vote through investorvote.com, while non-registered shareholders can cast their votes at proxyvote.com. The deadline for proxy voting is set for 11:00 a.m. (Toronto time) on October 21, 2025.
Assistance for Shareholders
Guardian understands that navigating voting procedures can be complex, particularly with disruptions like the postal strike. Shareholders who need assistance are encouraged to reach out to the Laurel Hill Advisory Group for guidance on the voting process.
The Rollover Shareholders' Arrangement
Currently, some Shareholders known as the Rollover Shareholders, which include specific named individuals, will handle their shares through agreements with Desjardins Global Asset Management Inc. These arrangements highlight the strategic partnership and further solidify the overall advantages consumers can expect from this merger.
Understanding Guardian Capital Group Limited
Guardian Capital Group Limited stands as a robust Ontario-based investment management company, catering to a wide range of clients including institutions and individuals. As of mid-2025, Guardian managed client assets totaling C$164.1 billion alongside a proprietary investment portfolio valued at C$1.25 billion. Since its inception in 1962, the firm has garnered a trustworthy reputation marked by its commitment to integrity, stability, and long-term client relationships. The company's shares trade on the Toronto Stock Exchange under the symbols GCG and GCG.A.
Frequently Asked Questions
What is the Arrangement Resolution?
The Arrangement Resolution relates to a proposed plan where Shareholders will receive C$68.00 for each share owned as part of the agreement with Desjardins Global Asset Management Inc.
Why is the Board unanimously recommending the Arrangement?
The Board believes that the Arrangement is in the best interests of the Company and provides fair treatment to Shareholders, offering immediate cash for their shares.
What voting options are available for Shareholders?
Shareholders can vote online or by phone, with detailed instructions found on the Company’s investor relations website.
How can I contact the Laurel Hill Advisory Group for assistance?
Shareholders can reach out to the Laurel Hill Advisory Group at 1-877-452-7184 for those in North America or 1-416-304-0211 for international inquiries.
What are the advantages of voting in favor of the Arrangement?
Voting in favor of the Arrangement provides Shareholders an immediate cash exit, representing a substantial premium over recent trading prices.
