Earnings release
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● ● O Assets under management ( “ AUM " ) of $ 180.8 billion as at September 30 , 2021 , an increase of $ 1.3 billion , or approximately 0.7 % , compared to June 30 , 2021 Net earnings of $ 3.2 million in Q3 2021 ; O Q3 YTD net earnings of $ 40 million , compared to $ 2.7 million for Q3 YTD 2020 Adjusted net earnings¹ , 2 of $ 37.5 million in Q3 2021 ; Q3 YTD adjusted net earnings of $ 116.3 million , compared to $ 96.9 million for Q3 YTD 2020 FIERACAPITAL Adjusted EBITDA¹ of $ 55.4 million in Q3 2021 ; O Fiera Capital Reports Third Quarter 2021 Results / NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES / Q3 2021 Adjusted EBITDA margin of 31.6 % ; Q3 2020 margin of 31.3 % Q3 YTD Adjusted EBITDA of $ 155.6M , compared to $ 148.8 million for Q3 YTD 2020 588,838 class A subordinate voting shares ( " Class A Shares " ) purchased and cancelled under the normal course issuer bid ( " NCIB ” ) in Q3 2021 for total consideration of $ 6.2 million ; 1.2 million Class A Shares purchased and cancelled during the first nine months of 2021 for total consideration of $ 13.4 million O O Transaction to establish sub - advisory partnership with StonePine Asset Management ( " StonePine " ) progressing , with closing targeted towards the end of 2021 Dividend increase announced : On November 10 , 2021 , the Board of Directors declared a quarterly dividend of $ 0.215 per Class A Share and Class B special voting share of the Corporation , payable on December 21 , 2021 to shareholders of record at the close of business on November 23 , 2021 , representing an increase of $ 0.005 per share , or 2.4 % , compared to the last dividend paid . The dividend is an eligible dividend for income tax purposes . Montreal , November 11 , 2021 Fiera Capital Corporation ( TSX : FSZ ) ( “ Fiera Capital " or the " Company " ) , a leading independent asset management firm , today announced its financial results for the third quarter ended September 30 , 2021. Financial references are in Canadian dollars unless otherwise indicated . Page 1