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Canaccord Genuity Group Inc. Investor Presentation February 2026
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Forward looking statements and non-IFRS measures This document may contain ‘‘forward-looking statements’’ (as defined under applicable securities laws). These statements relate to future events or future performance and reflect management’s expectations, beliefs, plans, estimates, intentions and similar statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts, including business and economic conditions and Canaccord Genuity Group’s growth, results of operations, performance and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward- looking statements can be identified by terminology such as ‘‘may’’, ‘‘will’’, ‘‘should’’, ‘‘expect’’, ‘‘plan’’, ‘‘anticipate’’, ‘‘believe’’, ‘‘estimate’’, ‘‘predict’’, ‘‘potential’’, ‘‘continue’’, ‘‘target’’, ‘‘intend’’, ‘‘could’’ or the negative of these terms or other comparable terminology. Disclosure identified as an ‘‘Outlook’’ contains forward looking information. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and a number of factors could cause actual events or results to differ materially from the results discussed in the forward-looking statements. In evaluating these statements, readers should specifically consider various factors that may cause actual results to differ materially from any forward-looking statement. These factors include, but are not limited to, market and general economic conditions, the nature of the financial services industry and the risks and uncertainties discussed from time to time in the Company’s interim condensed and annual consolidated financial statements and related MD&A and its annual report and Annual Information Form (AIF) filed on www.sedarplus.ca as well as the factors discussed in the sections entitled “Risks” in the Company’s interim MD&A, ‘‘Risk Management’’ in the Company’s annual MD&A and ‘‘Risk Factors’’ in the AIF, which include market, liquidity, credit, operational, legal, cyber and regulatory risks. Material factors or assumptions that were used by the Company to develop the forward-looking information contained in this document include, but are not limited to, those set out in the Fiscal 2026 Outlook section in the annual MD&A and those discussed from time to time in the Company’s interim condensed and annual consolidated financial statements and related MD&A and its annual report and AIF filed on www.sedarplus.ca. The preceding list is not exhaustive of all possible risk factors that may influence actual results. Readers are also cautioned that the preceding list of material factors or assumptions is not exhaustive. Although the forward-looking information contained in this document is based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this document are made as of the date of this document and should not be relied upon as representing the Company’s views as of any date subsequent to the date of this document. Certain statements included in this document may be considered ‘‘financial outlook’’ for purposes of applicable Canadian securities laws, and such financial outlook may not be appropriate for purposes other than this document. Except as may be required by applicable law, the Company does not undertake, and specifically disclaims, any obligation to update or revise any forward-looking information, whether as a result of new information, further developments or otherwise. Non-IFRS Measures The information in this presentation reflects non-IFRS measures (adjusted figures), non-IFRS ratios and supplementary financial measures. Please see the MD&A dated February 13, 2026 for a description of these measures and for a reconciliation to IFRS information. Page 2
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NORTH AMERICA UK & EUROPE AUSTRALIA ASIA l BOSTON l NEW YORK l BIRMINGHAM l JERSEY l ADELAIDE l BEIJING l CHARLOTTE l OAKVILLE l BLACKPOOL l LANCASTER l ALBANY l HAINAN ll CALGARY l OTTAWA l CAMBRIDGE l LLANDUDNO ll BRISBANE l HONG KONG l EDMONTON l SAN FRANCISCO l DUBLIN ll LONDON l BUSSELTON l KELOWNA ll TORONTO l EDINBURGH l NEWCASTLE l CANBERRA l MINNEAPOLIS ll VANCOUVER l GLASGOW l NORWICH l GOLD COAST ll MONTREAL l WATERLOO l GUERNSEY l SOUTHAMPTON l HERVEY BAY l NASHVILLE l WINNIPEG l GUILDFORD l WORCESTER ll MELBOURNE l ISLE OF MAN ll PERTH l PORTSEA l PORT MACQUARIE l SUNSHINE COAST ll SYDNEY l TOOWOOMBA About Canaccord Genuity Group Inc. 1. Excludes significant items (Non-IFRS and non-GAAP) . Refer to non-IFRS measures in the MD&A and on page 2 of this presentation. 2. All amounts are for 9 -month fiscal 2026, ended December 31, 2025 Driven to deliver superior outcomes for mid-market companies and investors Page 3 Comprehensive wealth management solutions helping individual investors, private clients and charities achieve their financial goals. $145 bn CLIENT ASSETS $48 bn YTD PROCEEDS RAISED 3,006 EMPLOYEES 50 LOCATIONS 348 YTD INVESTMENT BANKING TRANSACTIONS Leading mid-market provider of investment banking, advisory, equity research, and sales & trading services for corporations and institutions. 4 CONTINENTS $1.6 bn YTD REVENUE1 l l WEALTH MANAGEMENT OFFICES CAPITAL MARKETS OFFICES
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Financial highlights 1. Excludes significant items (Non-IFRS and non-GAAP) . Refer to non-IFRS measures in the MD&A and on page 2 of this presentation. 2. Net income before taxes, non -controlling interests and preferred share dividends 3. This figure is the sum of the adjusted diluted EPS figures for Q3/26 and the three preceding quarters and may not be equal to the amount that would have been calculated if that period represented a fiscal year. Q3 fiscal 2026: Three and nine months ended December 31, 2025 Page 4 Revenue1 Pre-tax profit margin1 Pre-tax Net Income1,2 Diluted EPS1 Q3 Fiscal 2026 3 months ended December 31 YTD Fiscal 2026 9 months ended December 31 LTM 4 quarters ended December 31 $616.1 M +36.5% y/y $1.6 bn +21.9% y/y $2.1 bn +19.7% y/y $173.7 M +48.6% y/y $80.5 M +102.5% y/y $206.0 M +32.1% y/y $0.36 +111.8% y/y $0.78 +59.2% y/y $0.883 +35.4% y/y 13.1% +4.3 p.p. y/y 10.9% +2.0 p.p. y/y 10.0% +0.9 p.p. y/y Q3 revenue growth reflects stronger corporate financing activity across all regions, led by an exceptional quarter in Australian capital markets,
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Defensive revenue mix provides downside protection Page 5 Increased contributions from Wealth Management and Advisory have helped to reduce our reliance on underwriting activity, which provides cyclical upside during strong markets for our core focus sectors $664 $720 $708 $773 $905 $1,056 $193 $489 $363 $230 $306 $283 $1,136 $832 $452 $477 $557 $716 $1,993 $2,041 $1,523 $1,480 $1,768 $2,055 2021 2022 2023 2024 2025 LTM Wealth Management Capital Markets Advisory Other CAGR (Wealth Management) CAGR (Capital Market Advisory) 8% Advisory 10% Wealth 5-YEAR CAGR Going deeper into our core capital markets strengths and taking steps to grow market share in all businesses and geographies✓ ✓ ✓ Expanded higher-margin Advisory businesses in US and UK; Completed acquisition of CRC-IB in Q3/26 Significantly invested in growing our wealth management businesses in Canada, the UK and Australia; advancing organic and inorganic growth priorities ✓ 1. As Advisory activity has become a more meaningful component of revenue for the Australian capital markets business, the Compa ny began reporting this segment separately beginning in Q1/26. The 2025 total has been restated to include amounts previously reported under Investment Banking 2. PitchBook: Transaction totals represent U.S. M&A/Control Transactions, All Buyout Types, and Growth/Expansion transactions < $500M in the Technology, Media, & Telecommunications segment as classified by PitchBook. Fiscal YTD transactions from 04/01/2025 to 12/31/2025. A top-10 wealth manager by client assets in the UK; strong recruiting momentum and client asset growth in Canada and Australia Top-ranked for U.S. mid-market TMT Advisory2 ✓ 1
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Investments targeted towards key markets Page 6 Disciplined focus on growing contributions from global wealth management and capital markets advisory Steadily increasing revenue contributions from wealth management C$ millions, fiscal years ended March 31 LTM Q3 2026 ended December 31, 2025 $251 $247 $267 $370 $462 $511 $664 $720 $708 $773 $905 $1,056 28% 31% 30% 36% 39% 42% 33% 35% 46% 52% 51% 51% 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 LTM Wealth Management % of firm-wide revenue $153 $160 $130 $122 $141 $206 $193 $489 $363 $230 $306 $283 25% 30% 22% 19% 20% 30% 15% 37% 46% 34% 37% 29% 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 LTM Advisory % of Capital Markets revenue Targeted investments to increase capital markets M&A revenue contributions C$ millions, fiscal years ended March 31 LTM Q3 2026 ended December 31, 2025 Mid-market advisory activity in core CG focus sectors outperformed during post-pandemic downturn Materially invested in growing our midmarket TMT and Consumer sector advisory capability Launched strategy to materially grow wealth management businesses Transformational acquisitions in UK and Australia coupled with aggressive recruiting strategy in Canada. Investments in modern, scalable platforms. Continue to advance recruiting. Add complementary tuck-ins. Drive synergies. Prioritize organic growth and margin improvement. Grow fee-based assets. Positioned for outperformance as interest rate environment improves Despite a strong pipeline, trade-related uncertainties disrupted M&A completion activities YTD fiscal 2026 1. As Advisory activity has become a more meaningful component of revenue for the Australian capital markets business, the Compa ny began reporting this segment separately beginning in Q1/26. The 2025 total has been restated to include amounts previously reported under Investment Banking. 2. Acquisition of CRC-IB was completed on January 14, 2026. Contributions from this business will be reflected beginning in Q4/26. 1 Acquisition of CRC- IB2 expected to contribute to increased advisory contributions from Energy Transition sector
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Focused on improving expense management to create capacity for investments in growth Page 71. Year-over-year variances have begun declining in the second half of fiscal 2026 following the one -year occupancy milestones for Vancouver and NYC headquarters and certain wealth management offices in UK and AU. Disciplined firm-wide cost management supported year-over-year pre-tax profit margin increase to 13.1% from 8.8% C$ millions $5.0M or 3.2% Y/Y decrease Fixed Expenses = $5.1 M Discretionary Expenses = ($1.5) M Revenue/Investment Driven = ($8.6) M $156.7 $1.2 $2.2 $1.7 ($1.9) $1.3 $0.3 $1.2 ($2.4) ($6.8) $2.5 ($4.3) $151.7 Q3 2025 Debt Interest Expense Premises, Equipment & Amortization FX Client Expenses Communication & Technology Professional Fees Promo & Travel Other Expenses Client Interest and Dividends Development Costs Trading Costs Q3 2026 Investments in new workspaces for our flagship Vancouver and New York offices and in connection with new wealth branches in AU and UK1. Increase includes leaseholds amortization for Wilsons offices Higher fees in CGWM UK in connection with organic growth priorities and in Corporate & Other Investments to advance our core capabilities and grow wealth management, primarily driven by UKWM Interest expense declines as rates begin to come down. Decrease in expense is partially offset by decline in interest revenue Lower trading costs in the US due to sale of US wholesale market making business . Investments to support growth in Canadian and UK wealth management operations Decrease due to reduced provision in Canadian wealth management operations Decrease due to lower accrual for client matters
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Increasing employee ownership supports our partnership culture Page 81. Subsequent to the end of the third fiscal quarter, the Company’s holding company for its Australian operations commenced a rights offering of its ordinary shares, which is expected to close in the fourth quarter of fiscal 2026. Upon completion of the rights offering, the Company’s beneficial ownership interest in the Australian operations will likely be reduced, although th e Company will retain a controlling interest. Refer Q3/26 MD&A for further detail. Independently governed Limited Partnership owned by employees • Acquired approximately 9.7% of outstanding CF common shares in March 2024 • Following receipt of regulatory approval in Q1/26, position increased to 14.2% • Permanent capital vehicle ensures long-term equity interest and a growing level of ownership by senior employees • Creates a heightened sense of ownership over decisions, results, and performance Excellent progress towards our objective • 43.4% of outstanding shares held by senior officers, employee LTIP, and the employee-owned limited partnership • Additionally, 35% of CG’s Australian business is employee-owned1 and employees in our UK wealth management business directly own approximately 5% of that business on a diluted basis • Structurally, our objective would be to continue to foster employee ownership Fosters a culture focused on long-term success Promotes alignment between our business, clients, and fellow shareholders
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Global Wealth Management Page 91. Excludes significant items (Non-IFRS and non-GAAP) . Refer to non-IFRS measures in the MD&A and on page 2 of this presentation 2. Before taxes and non-controlling interests Q3/26 revenue growth largely driven by increased commissions & fees, higher investment banking activities in Canada and Australia $101.9 $94.4 $99.2 $115.0 $144.8 2022 2023 2024 2025 2026 Q3/26 CLIENT ASSETS $145 bn 9M/26 REVENUE $817 M 9M/26 PRE-TAX NET INCOME1 $150 M 9M/26 PRE-TAX PROFIT MARGIN1,2 18% Total Client Assets - C$ billions, Fiscal years by quarters ended March 31 Q3/26 ended December 31 Total Wealth Management Revenue C$ millions, Fiscal years ended March 31 9M/26 and 9M/25 ended December 31 Pre-tax net income (C$ millions) and profit margin1 Fiscal years ended March 31 9M/26 and 9M/25 ended December 31 $148.5 $125.7 $140.5 $149.0 $107.7 $150.0 20.6% 17.8% 18.2% 16.5% 16.2% 18.4% 2022 2023 2024 2025 9M/25 9M/26 UK & Europe Canada Australia Pre-tax profit margin $720 $708 $773 $905 $666 $817 2022 2023 2024 2025 9M/25 9M/26 UK & Europe Canada Australia 9% 4-year CAGR
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CG Wealth Management: Advancing core growth momentum Page 10 1. Excludes significant items (Non-IFRS and non-GAAP) . Refer to non-IFRS measures in the MD&A and on page 2 of this presentation 2. Before taxes and non -controlling interests 3. The Company’s method of computation for this metric may differ from the methods used by other companies. 4. The normalized EBITDA for Q1/25 was restated to £19.4 million (previously disclosed as £18.7 million) 5. Acquisition of Wilsons Advisory was completed on October 1, 2025 Solid top-line performance as we continue to advance our organic and inorganic growth priorities in all regions Revenue Pre-tax net income (1) Pre-tax profit margin(1) (2) Normalized EBITDA(1) (3) Total client assets Fee-based assets Priority growth drivers Canada Differentiated and fast-growing independent wealth management firm $330.1 M ↑20.3% y/y $50.7 M ↑67.1% y/y 15.3% ↑4.3 p.p. y/y $70.1 M ↑41.5% y/y $52.8 bn ↑24.7% y/y $24.7 bn ↑21.5% y/y • Advisor recruitment • Grow fee-based assets • IA practice development • Leverage technology platform to accelerate lead generation and new asset growth • Invest in increasing brand awareness • Increased investment banking activity contributed to substantial revenue and earnings growth in Q3/26 UK & Crown Dependencies A top-10 wealth manager in the region by assets $385.4 M ↑16.0% y/y $87.3 M ↑19.0% y/y 22.7% ↑0.6 p.p. y/y £66.4 M ↑15.2% y/y(4) C$74.6 bn ↑15.6% y/y £40.4 bn ↑12.7% y/y £25.4 bn ↑13.6% y/y • Targeted recruitment • Prioritize organic growth • Enhance cross-selling and business development capabilities • Expand financial planning • Technology investment Australia Capturing greater share in a fragmented market $101.2 M ↑70.3% y/y ($16.1M of increase attributable to Wilsons Advisory5) $12.0 M ↑201.8% y/y ($1.8 million of increase attributable to Wilsons Advisory5) 11.9% ↑5.2 p.p. y/y C$17.4 bn ↑114.0% y/y ($6.7 billion of increase attributable to Wilsons Advisory5) A$19.0 bn ↑108.0% y/y n.m. • Acquisition of Wilsons Advisory5 • Advisor recruitment • Grow fee-based assets • Advisor development/teaming • Systems and technology uplift • Invest in increasing brand awareness • Increased investment banking activity contributed to substantial revenue and earnings growth in Q3/26 9M/26 As at December 31, 2025
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Canada Wealth Management: Client assets increased 25% year-over-year Page 111. Net new assets include dividends and interests. Market recovery and recruiting momentum driving continued AUA growth $42,309 $42,719 $52,767 December 2024 March 2025 Organic inflows Recruited Market December 2025 AUA Movement C$ millions, fiscal years ended March 31 9M/26 ended December 31 +5.2% +0.6% +17.8% Net inflows = 5.8% of opening AUA +10.7% 44% 43% 44% 44% 51% 55% 53% $18,440 $32,240 $37,881 $35,694 $38,406 $42,719 $52,767 2020 2021 2022 2023 2024 2025 9M2026 Fee-generating assets Other client assets CAGR (fee-generating assets) CAGR (total assets) Steadily increasing proportion of fee -generating assets C$ millions, fiscal years ended March 31 9M/26 ended December 31 24% 5-year CAGR 18% 5-year CAGR Fee-generating assets as a percentage of total client assets declined modestly in Q3/26, reflecting elevated commission-based activity tied to stronger investment banking volumes.
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UK Wealth Management AUM Movement Page 12 1. Expected attrition from acquisitions 2. CG Asset Management (CGAM) with AuMA of £1,953M was not included in the 9M/2026 AUM Movement. Strong market values driving enhanced AUM growth with continued growth in fee-based assets. AUM Movement £ millions, fiscal years ended March 31 9M/26 ended December 31 60% 58% 61% 63% 61% 65% 63% $39,879 $52,298 $52,830 $55,101 $59,084 $69,246 $74,616 2020 2021 2022 2023 2024 2025 9M/26 Fee-based assets Other client assets CAGR (fee-based assets) 13% 5-year CAGR Fee-Based Assets C$ millions, fiscal years ended March 31 9M/26 ended December 31 +1.1% +10.2% (2.0)% £35,866 £35,188 £38,474 £1,953 £40,427 December 2024 March 2025 Net Organic Flows Exceptional Market and Other CG Wealth Management CG Asset Management December 2025 YTD annualized organic inflows = 1.5% 2 1
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CG Global Wealth Management: Strengthening client assets and earnings contributions Pursuing organic and inorganic growth initiatives in all regions • October 1st, 2025: Completed acquisition of Wilsons Advisory adding scale to Australian wealth management operations • February 24, 2025: Completed acquisition of Brooks Macdonald International Ltd. • October 1st, 2024: Completed acquisition of Cantab Asset Management, a chartered financial planning business in Cambridge, UK • April 8, 2024: Completed acquisition of Intelligent Capital on Increased Scottish footprint and Financial Planning capacity. • Steadily increasing the number of Investment Advisors and licensed professionals in all regions • Leveraging best-in-class technology to provide seamless solutions for investment advisors and clients • Critical investments in platforms such as Envestnet and Avaloq provide resilience and flexibility for long-term growth • Actively building out specialist network in key growth areas to keep pace as investors reshape their investment needs Page 13 1. Excludes significant items (Non-IFRS and non-GAAP) . Refer to non-IFRS measures in the MD&A and on page 2 of this presentation On track to create substantial value in this segment (Revenue in C$ thousands, AUA/AUM in C$ millions) F2021 F2022 F2023 F2024 F2025 9M/25 9M/26 CANADA Revenue $324,041 $335,279 $302,164 $298,036 $374,755 $274,352 $330,056 IA teams 145 146 145 145 142 145 143 AUA $32,240 $37,881 $35,694 $38,406 $42,719 $42,309 $52,767 Fee-based client assets $11,071 $13,834 $13,627 $16,986 $20,713 $20,305 $24,679 UK & CROWN DEPENDENCIES Revenue $277,329 $310,495 $343,728 $411,474 $449,768 $332,135 $385,415 Investment Professionals 202 220 252 257 297 276 288 AUM (CAD) $52,298 $52,830 $55,101 $59,084 $69,246 $64,538 $74,616 AUM (GBP) £30,207 £32,143 £33,040 £34,572 £37,249 £35,866 £40,427 Fee-based client assets £17,450 £19,479 £20,684 £21,179 £24,031 £22,369 £25,404 AUSTRALIA Revenue $62,249 $74,633 $62,412 $63,861 $80,257 $59,387 $101,160 Advisors 110 115 119 120 129 126 183 AUM $4,228 $5,352 $5,432 $6,432 $8,447 $8,122 $17,385 INVESTING WITH DISCIPLINE TO ADVANCE OUR LONG-TERM EARNINGS POTENTIAL
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HPS: A strategic and financial partner for our UK wealth management business Page 141. Note: HPS as used herein refers to investment accounts and funds managed by HPS Investment Partners, LLC. 2. The preferred shares purchased by key management and employees of CGWM UK and the Convertible preferred shares purchased by H PS are together referred to herein as Preferred Shares • HPS1 invested £125 million (July 2021) and £65.3 million (May 2022) by way of convertible preferred shares • Management and employees of CGWM UK purchased £7.5 million of preferred shares alongside HPS in July 20212 • As a structured investment, the holders of the Preferred Shares have certain rights, including initiating a liquidation oppor tunity at any time after 5 years for the holders of the Preferred Shares (an Exit) • Investments were made at Preferred Share post-money valuations of £570 M and £800 M respectively • The Preferred Shares carry a preferred cumulative dividend at an annual rate of 7.5% • Subject to a liquidation preference and minimum returns the Preferred Shares represent a 29% as -converted equity interest in CGWM UK • With the Preferred Share equity equivalent of 29% and the employee-held diluted interest of 4%, the Company has a 67% as -converted equity-equivalent interest in CGWM UK We continue to evaluate strategic options related to our wealth management business in the UK & Crown Dependencies with a focus on maximizing shareholder value while supporting the continued growth and success of this business. If an Exit occurs at any point in the first 5 years, the holders of the Preferred Shares will receive the greater of the principal plus unpaid dividends had they been issued five years prior, an amount equal to 1.5x less any dividends paid and the amount that holders would receive on an as-converted basis CGWM UK has the option to buy back the Preferred Shares at the greater of the value that would provide an IRR of 11.5% and the equity value on an as- converted basis provided CGWM UK provides HPS with 60 days' notice thereby providing the holders with the right during that period to exercise their conversion rights HPS has the right to require CGWM UK to procure an Exit and CGWM UK shall use reasonable best efforts to procure such an event If an Exit has not been secured, then HPS has the further right to require CGWM UK to appoint and instruct professional advisors to act on behalf of CGWM UK to procure an Exit. JULY 29, 2021 JULY 29, 2026 AUGUST 29, 2026 AUGUST 29, 2027
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CG Global Capital Markets: A powerful mid-market competitor Diverse revenue streams provide stability and profitability through market cycles Page 15 $1,303.1 $792.9 $683.2 $830.7 $618.4 $753.7 2022 2023 2024 2025 9M/25 9M/26 Canada US UK Australia 9M/26 REVENUE $754 M 9M/26 TRANSACTIONS 348 9M/26 PROCEEDS RAISED $48 bn Total Capital Markets Revenue C$ millions, Fiscal years ended March 31 9M/26 and 9M/25 ended December 31 Revenue by Activity Fiscal years ended March 31 9M/26 and 9M/25 ended December 31 38% 46% 34% 37% 35% 26% 36% 16% 22% 26% 28% 41% 12% 15% 15% 14% 14% 11% 13% 20% 24% 18% 18% 18% 1% 3% 5% 5% 5% 4% 2022 2023 2024 2025 9M/25 9M/26 Advisory Investment Banking Principal Trading Commissions & Fees Interest & Other 1. As Advisory activity has become a more meaningful component of revenue for the Australian capital markets business, the Compa ny began reporting this segment separately beginning in Q1/26 the 2025 total has been restated to include amounts previously reported under Investment Banking 1
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CG Global Capital Markets Investments to increase M&A advisory contributions reduce reliance on underwriting activity • 25.6% of YTD 2026 capital markets revenue was contributed by Advisory segment • Acquisition of CRC-IB2 enhances our impact in the rapidly growing energy transition segment • Sale of US wholesale market-marking business3 sharpens focus on our integrated M&A and investment banking capital markets capabilities while reducing fixed cost base and risk profile US capital markets operations. Enhanced cross-border capabilities • Global capabilities a significant competitive advantage in our key focus sectors Doing more for our targeted client base • Expanded product capability for core midmarket clients • Established success in alternative financing vehicles • Aftermarket support and ancillary services ensure that clients have no reason to look elsewhere Deeper focus in our proven areas of strength • Increasing global product placement • Expanding alternative distribution avenues • Strong emphasis on cross-selling • Substantially increased scale of Advisory practice Page 16 Lean and focused platform, capable of driving value for clients in all market environments DIFFERENTIATED GLOBAL PLATFORMExcludes significant items1 F2022 F2023 F2024 F2025 9M/25 9M/26 CANADA Revenue $341,453 $148,356 $166,649 $182,966 $145,634 $166,747 Expenses as % of revenue 65.1% 108.3% 89.2% 86.1% 81.1% 78.5% Pre-tax profit margin 30.6% (18.9%) 3.3% 6.4% 11.7% 14.8% Employees 235 230 173 169 172 177 Revenue/Employee $1,453.0 $645.0 $963.3 $1,082.6 $846.7 $942.1 US Revenue $667,176 $482,750 $342,772 $426,875 $307,251 $320,237 Expenses as % of revenue 75.9% 90.4% 103.4% 97.3% 97.7% 98.1% Pre-tax profit margin 23.6% 8.9% (4.5%) 1.8% 1.4% 1.1% Employees 378 394 391 363 369 327 Revenue/Employee $1,765.0 $1,225.3 $876.7 $1,176.0 $832.7 $979.3 AUSTRALIA Revenue $174,090 $65,472 $88,349 $99,321 $81,309 $177,953 Expenses as % of revenue 70.5% 86.5% 75.9% 82.3% 78.0% 71.1% Pre-tax profit margin 29.0% 12.0% 23.4% 16.9% 21.5% 28.6% Employees 91 86 89 99 99 110 Revenue/Employee $1,913.1 $761.3 $992.7 $1,003.2 $821.3 $1,617.8 UK & EUROPE Revenue $120,355 $96,275 $85,426 $121,561 $84,213 $88,745 Expenses as % of revenue 89.0% 90.2% 104.1% 92.5% 94.2% 94.8% Pre-tax profit margin 9.7% 8.2% (5.7%) 6.3% 4.7% 3.9% Employees 143 180 166 166 162 163 Revenue/Employee $841.6 $534.9 $514.6 $732.3 $519.8 $544.5 1. Excludes significant items (Non-IFRS and non-GAAP) . Refer to non-IFRS measures in the MD&A and on page 2 of this presentation 2. Acquisition of CRC-IB was completed on January 14, 2026. Contributions from this business will be reflected beginning in Q4/26. 3. Completed previously announced sale of U.S. wholesale market -making business on November 7, 2025
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CG Global Capital Markets Page 17 Disciplined mid-market focus, differentiated by scale, global capability, and stability Disciplined focus in key growth sectors of the global economy Integrated capabilities provide unparalleled aftermarket support and facilitate lasting client partnerships Deep regional expertise, differentiated by coordinated global capabilities Canada US UK & Europe Australia & Asia Equity Underwriting M&A Fixed Income Debt Advisory & Restructuring Sales & Trading Equity Research Technology Life Sciences Metals & Mining Industrials Energy Diversified Consumer & Retail Sustainability Financial Sponsors Real Estate Financial Sponsors Corporate Access & Conferences Quest® Electronic Trading CG’s clear value proposition promotes alignment across regions and practice areas, while ensuring that we always exceed our clients’ expectations. Specialty Trading Securities Lending
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Disciplined sector focus Page 18 Allows us to provide globally integrated services and expertise throughout market cycles 9% 15% 51% 1% 24% 8% 41% 51% UNDERWRITINGADVISORY 6% 25% 25% 44% 6% 9% 57% 4% 24% 30% 31% 4% 35% 3% 75% 15% 7% 10% 43% 3% 10% 34% CANADA 22% of 9M/26 Capital Markets revenue U.S 42% of 9M/26 Capital Markets revenue AUSTRALIA 24% of 9M/26 Capital Markets revenue UK & EUROPE 12% of 9M/26 Capital Markets revenue Life Sciences Metals & Mining Consumer Technology Other 58% 11% 7% 5% 19% COMBINED ADVISORY & UNDERWRITING REVENUE BY SECTOR ALL GEOGRAPHIES – 9M 2026 Underwriting 41% of 9M/26 Capital Markets revenue Advisory 26% of 9M/26 Capital Markets revenue Technology, 32% Metals & Mining, 33% Consumer & Retail, 5% Life Sciences, 7% Other, 23% ALL GEOGRAPHIES 2% 11% 69% 18% 3% 51% 43% 1%2%
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Global Investment Banking $61.0 $17.5 $17.1 $36.7 $29.8 $47.5 2022 2023 2024 2025 9M/25 9M/26 Total Proceeds Raised C$ billions, Fiscal years ended March 31 9M/26 and 9M/25 ended December 31 Page 19 Unparalleled origination and placement capability $463.1 $126.6 $149.6 $213.8 $173.7 $307.3 2022 2023 2024 2025 9M/25 9M/26 Investment Banking revenue C$ millions, C$, Fiscal years ended March 31 9M/26 and 9M/25 ended December 31 • Metals and mining remains most active sector for corporate financing activities, but diversification is improving as equity and IPO issuance in other core sectors picks up • Q3/26 investment banking revenue increased 170.0% y/y to $154.3M, reflects increased corporate financing activity across all regions, led by an exceptional quarter in Australian capital markets • Australia revenue of $77.8M increased 283.8% y/y; Strongest quarterly result on record primarily driven by natural resources activity which comprised 80% of investment banking revenue • Canada revenue of $42.5M increased 125.8% y/y; Mining sector comprised 57% of Q3 revenue • US revenue of $26.2M increased 56.5% y/y, primarily attributable to Technology, Life Sciences and Industrials sectors • UK revenue of $7.9M increased from $1.4M in Q3/25 attributable to Mining and Energy sector activities • 9M/26 Investment Banking revenue increased 76.9% y/y to $307.3M • Australia 9M revenue of $145.5M up 122.9% y/y • Canada 9M revenue increased by 52.5% y/y to $85.9M • US 9M revenue increased by 51.7% y/y to $62.8M • UK 9M revenue of $13.1M up 21.9% y/y • CG is a top-5 global midmarket underwriter1; Ranked amongst the league table leaders in each of our geographies 37% 32% 27% 32% 32% 28% 24% 19% 22% 26% 24% 20% 6% 9% 4% 6% 6% 4% 33% 40% 47% 36% 38% 48% 2022 2023 2024 2025 9M/25 9M/26 Global investment banking revenue by geography C$ millions, Fiscal years ended March 31 9M/26 and 9M/25 ended December 31 Canada US UK & Europe Australia Life Sciences 9% Technology 15% Metals & Mining 51% Consumer 1% Other 24% 9M/26 Global Investment Banking Revenue by Sector 1. Source: Dealogic Oct 1, 2025 - December 31, 2025, by transaction volume (IPO, FO, CONV)
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Global Advisory Page 20 Increased advisory contributions support margin strength in global capital markets $488.6 $362.5 $229.8 $306.5 $216.5 $193.2 2022 2023 2024 2025 9M/25 9M/26 Advisory revenue C$ millions, Fiscal years ended March 31 9M/26 and 9M/25 ended December 31 21% 14% 24% 18% 20% 18% 65% 69% 57% 61% 61% 58% 14% 17% 19% 21% 18% 20% 1% 4% 2022 2023 2024 2025 9M/25 9M/26 Global advisory revenue by geography C$ millions, Fiscal years ended March 31 9M/26 and 9M/25 ended December 31 Canada US UK & Europe Australia Life Sciences 5% Technology 58% Metals & Mining 7% Consumer 11% Other 19% 9M/26 Advisory Revenue by Sector • Q3 Firmwide advisory revenue declined by 8.7% YoY as growth in the US was partially offset by decreases in Canada and UK against exceptional prior-year comparables • Q3 Advisory revenue declined 8.7% y/y to $64.9M • US revenue of $43.3M increased 38.1% y/y • Canada revenue of $11.1M declined 51.5% y/y reflecting impact of a substantial mandate completed in prior year’s comparison period • UK revenue of $10.0M declined 36.0% y/y driven by a more challenging environment for completions • 9M/26 Advisory revenue decreased 10.8% y/y to $193.2M • US 9M revenue declined 15.9% y/y to $111.3M • UK 9M revenue declined 1.7% y/y to $38.7M • Canada 9M revenue declined by 17.2% y/y to $36.0M • Australia 9M revenue increased 445.2% y/y to $7.3M 1. As Advisory activity has become a more meaningful component of revenue for the Australian capital markets business, the Compa ny began reporting this segment separately beginning in Q1/26. The 2025 total has been restated to include amounts previously reported under Investment Banking, which amounted to le ss than 1% of total advisory revenue. 1
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Global Distribution and Trading Page 211. Includes equities, fixed income and options Leading independent franchise for best-in-class execution capabilities • Q3 commissions & fees revenue improved by 42.0% y/y to $53.7M on higher client activity levels in all regions • 9M commissions and fees revenue improved by 24.1% y/y to $137.1M • Q3 principal trading revenue decreased by 47.7% y/y to $18.4M; Reflects partial-quarter contributions from the U.S. wholesale market-making business prior to its sale on November 7 • 9M principal trading revenue decreased 0.7% y/y to $86.9M • Completed previously announced sale of U.S. wholesale market-making business on November 7, 2025 • Contributions from this business reflect approximately five weeks of activity prior to the completion of the transaction • Business operated adjacent to equity-based institutional sales and trading, but remained outside of strategic core business $174.8 $156.2 $161.5 $152.4 $110.4 $137.1 2022 2023 2024 2025 9M/25 9M/26 Commissions & Fees revenue C$ millions, Fiscal years ended March 31 9M/26 and 9M/25 ended December 31 Canada US UK & Europe Australia $158.2 $116.9 $105.1 $118.9 $87.6 $86.9 2022 2023 2024 2025 9M/25 9M/26 Trading revenue1 C$ millions, Fiscal years ended March 31 9M/26 and 9M/25 ended December 31 Canada US UK & Europe
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CG Principles of Corporate Social Responsibility and Sustainability Page 22 ESG approaches to supporting the well-being of our employees, clients and communities Respect People and Communities Respect our Planet As we endeavour to sustainably increase the value of our business, CG employees and partners incorporate our principles of corporate social responsibility and sustainability into every aspect of our business activities We are committed to conducting our business in accordance with all applicable laws, rules and regulations and the highest ethical standards. We maintain safe working environments and maintain policies to ensure the protection of human rights in our business and supply chains. Our firmwide risk management framework is critical to maintaining our company’s ongoing financial stability and business continuity. Operate with Integrity We think locally and globally, understanding the impact that our actions and behaviours may have on the success and wellbeing of our colleagues, clients, and partners in all the regions where we operate. We take care to respect the culture and customs in the regions where we operate and where we travel. We are compliant with all applicable laws governing equal employment and anti-discrimination. Our firmwide Diversity Policy is centred on valuing the rich diversity among our employees and all those with whom we do business. We empower our businesses and individuals to direct their charitable and volunteer efforts towards the causes and initiatives that will have a meaningful impact in their respective communities. In our efforts to create enduring value, we take care to reduce the impact of our day-to-day business activities on the environment. Canaccord Genuity has also had a long-standing commitment to supporting companies and investors that are committed to positively impacting the planet. We are committed to supporting the continued growth of capital markets and wealth management segments which focus on helping companies and investors advance their sustainability objectives and contribute to a better world.
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CG in the Community Page 23
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(TSX:CF): An Excellent Investment Proposition Driven to create enduring value for our employees, clients and shareholders Page 24 Management and employees are in complete alignment with shareholders Solid balance sheet supports our capacity to invest in future growth Increasing contributions from higher margin capital markets advisory franchise Growing wealth management businesses provide stable and predictable earnings contributions
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Analyst coverage Page 25 Cormark Securities Jeff Fenwick TD Securities Inc. Graham Ryding Canaccord Genuity Group Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding the Company’s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of the Company or its management. Canaccord Genuity Group Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations. Ventum Capital Markets Rob Goff Raymond James Stephen Boland
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Financial highlights Three and nine months ended December 31, 2025 Page 26
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C$ thousands (except per share data and ratios) 1 Q3/26 Q2/26 Q/Q C hange Q3/25 Y/Y C hange 9M/26 9M/25 Y/Y C hange Revenue $616,133 $530,420 16.2% $451,335 36.5% $1,595,000 $1,307,915 21.9% Pre-tax net income $80,544 $59,789 34.7% $39,774 102.5% $173,717 $116,877 48.6% Preferred dividend -$2,852 -$2,852 0.0% -$2,852 0.0% -$8,556 -$8,556 0.0% Net income available to common shareholders $38,381 $29,022 32.2% $17,120 124.2% $80,908 $50,152 61.3% Earnings per diluted common share $0.36 $0.27 33.3% $0.17 111.8% $0.78 $0.49 59.2% Compensation ratio 62.3% 60.8% 1.5 p.p. 56.5% 5.8 p.p. 61.1% 58.1% 3.1 p.p. Non-compensation ratio 24.6% 27.9% (3.3)p.p. 34.7% (10.1)p.p. 28.0% 33.0% (5.0)p.p. Pre-tax profit margin 13.1% 11.3% 1.8 p.p. 8.8% 4.3 p.p. 10.9% 8.9% 2.0 p.p. Effective tax rate 29.5% 24.9% 4.6 p.p. 26.4% 3.1 p.p. 26.5% 26.0% 0.5 p.p. Consolidated results: Three and nine months ended December 31, 2025 1. Excludes significant items (Non-IFRS and non-GAAP). Refer to non-IFRS measures in the MD&A and on page 2 of this presentation Improved business mix contributes to earnings stability through market cycles Page 27 • YTD fiscal 2026 firmwide compensation ratio remained within target level • Capital Markets Advisory segment has contributed an average of 38% of annual capital markets revenue since F2022. Sale of US wholesale market-making business and subsequent acquisition of CRC-IB expected to further contribute to higher-margin, lower risk revenue mix • Wealth Management businesses provide stable and growing recurring revenues with upside from transaction-based revenue during favourable market environments in Canada and Australia
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C$ thousands (except percentages and client assets 2) Q3/26 Q2/26 Q/Q Ch an g e Q3/25 Y/Y Ch an g e 9M /26 9M /25 Y/Y Ch an g e Revenue - Canada $124,050 $111,913 10.8% $96,365 28.7% $330,056 $274,352 20.3% Revenue - UK & Crown Dependencies $130,396 $129,304 0.8% $115,844 12.6% $385,415 $332,135 16.0% Revenue - Australia $49,879 $28,200 76.9% $21,237 134.9% $101,160 $59,387 70.3% Total $304,325 $269,417 13.0% $233,446 30.4% $816,631 $665,874 22.6% Pre-tax net income 1 - Canada $22,978 $18,478 24.4% $9,028 154.5% $50,653 $30,319 67.1% Pre-tax net income 1 - UK & Crown Dependencies $27,173 $30,440 (10.7%) $25,425 6.9% $87,328 $73,408 19.0% Pre-tax net income 1 - Australia $6,947 $3,161 119.8% $1,802 285.5% $12,007 $3,978 201.8% Total $57,098 $52,079 9.6% $36,255 57.5% $149,988 $107,705 39.3% Client Assets - Canada $52,767 $49,390 6.8% $42,309 24.7% $52,767 $42,309 24.7% Client Assets - UK & Europe $74,616 $74,033 0.8% $64,538 15.6% $74,616 $64,538 15.6% Client Assets - Australia $17,385 $10,143 71.4% $8,122 114.0% $17,385 $8,122 114.0% Total $144,768 $133,566 8.4% $114,969 25.9% $144,768 $114,969 25.9% Global Wealth Management 1. Excludes significant items (Non-IFRS and non-GAAP). Refer to non-IFRS measures in the MD&A and on page 2 of this presentation 2. Client Assets in C$ millions Three and nine months ended December 31, 2025 Page 28 $200.1 $215.9 $216.5 $233.4 $238.9 $242.9 $269.4 $304.3 Q4/24 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q2/26 Q3/26 Wealth Management revenue by region 1 C$ millions, fiscal quarters Canada UK & Europe Australia $34.0 $33.3 $38.2 $36.3 $41.3 $40.8 $52.1 $57.1 17.0% 15.4% 17.6% 15.5% 17.3% 16.8% 19.3% 18.8% Q4/24 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q2/26 Q3/26 Pre-tax net income1 (C$ millions) and profit margin 1 Fiscal quarters Pre-tax net income (C$ millions) Pre-tax profit margin
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Global Capital Markets 1. Excludes significant items (Non-IFRS and non-GAAP). Refer to non-IFRS measures in the MD&A and on page 2 of this presentation Three and nine months ended December 31, 2025 Page 29 $202.9 $205.6 $202.1 $210.7 $212.3 $200.1 $252.7 $300.8 Q4/24 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q2/26 Q3/26 Capital Markets Revenue by region C$ millions, fiscal quarters Canada US UK & Europe Australia (C$ thousands except percentages) Q3/26 Q2/26 Q/Q Change Q3/25 Y/Y Change 9M/26 9M/25 Y/Y Change Commissions & Fees $53,729 $42,278 27.1% $37,825 42.0% $137,055 $110,412 24.1% Investment banking $154,266 $90,593 70.3% $57,131 170.0% $307,269 $173,701 76.9% Advisory $64,851 $79,431 (18.4%) $71,069 (8.7%) $193,182 $216,473 (10.8%) Trading $18,416 $30,734 (40.1%) $35,180 (47.7%) $86,911 $87,553 (0.7%) Interest $6,995 $6,886 1.6% $7,266 (3.7%) $19,825 $22,933 (13.6%) Other $2,583 $2,776 (7.0%) $2,242 15.2% $9,440 $7,335 28.7% Total $300,840 $252,698 19.1% $210,713 42.8% $753,682 $618,407 21.9% Compensation ratio 61.3% 62.2% (0.9) p.p. 57.0% 4.3 p.p. 61.5% 59.1% 2.4 p.p. Non-comp ratio 1 19.9% 25.7% (5.8) p.p. 33.7% (13.8) p.p. 25.4% 31.6% (6.2) p.p. Pre-tax profit margin 1 17.1% 10.1% 7.0 p.p. 7.0% 10.1 p.p. 11.0% 6.9% 4.0 p.p.
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C$ millions (except for per share amounts and number of shares) Q3 2026 (As at December 31, 2025) Q2 2026 (As at September 30, 2025) % Change Working Capital (1) $846.9 $809.9 4.6% Shareholders' Equity $694.4 $690.9 0.5% Preferred Shares $205.6 $205.6 0.0% Common Shares - Issued & Outstanding 102,734,159 102,529,368 0.2% Solid Capital Position Well capitalized for continued investment in our strategic priorities Page 30 ✓ Solid balance sheet protects our ability to compete efficiently ✓ Able to support increased business activities and invest in opportunities to capture additional market share ✓ Supports regulatory capital requirements across regions and through all market cycles 1. The Company’s business requires capital for operating and regulatory purposes. The Company’s working capital, including cash and cash equivalents, is fully deployed by the Company in its operations to support regulatory capital levels as required and counter-party requirements, including cash deposit requirements, and as needed to maintain current levels of activity, growt h initiatives and capital plans.