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IgM ncial NEWS RELEASE Readers are referred to the disclaimer regarding Forward - Looking Statements , Non - IFRS Financial Measures and Additional IFRS Measures at the end of this Release . IGM Financial Announces Further Disclosure Enhancements to Better Reflect the Performance of Underlying Businesses Winnipeg - March 10 , 2021 : Effective Q1 2021 , IGM Financial Inc. ( IGM or the Company ) ( TSX : IGM ) will be expanding its reportable segment disclosures to go to the Net Earnings line , whereas previously it went to Earnings before Interest and Taxes . These changes further build on the disclosure enhancements announced by the Company in Q3 2020 , which were introduced to improve transparency into key drivers of each business line and help stakeholders understand and assess components of value . The Company's reportable segments are Wealth Management , Asset Management and Strategic Investments & Other . Prior period comparative information has been restated back to January 1 , 2019 to reflect these changes . These changes have no impact on the reported earnings of the Company . Objectives : • Better reflect the business performance of underlying segments • Reflect the capacity for financial leverage within the segments • • Encourage sum - of - parts approach to value assessment Simplify work required by analysts and institutional investors and encourage a consistent approach Approach : • Debt and interest allocated to each segment based on management's assessment of : i ) capacity to service the debt , and ii ) where the debt is being serviced Income tax expense allocated to each segment " As we engage with stakeholders , we have seen an increasing trend to focus on net earnings as a key valuation and performance metric , ” said Luke Gould , Executive Vice - President and Chief Financial Officer . " We believe that these disclosure enhancements will assist in understanding the performance of the underlying businesses . " Expanded prior period disclosures and a presentation outlining the nature of the disclosure changes have been published on the Company's website at www.igmfinancial.com LIVE WEBCAST AND CONFERENCE CALL Luke Gould , Executive Vice - President and Chief Financial Officer will hold a live conference call and webcast on March 11 , 2021 at 9 a.m. CT / 10 a.m. ET to review changes to its reporting segments and operating metrics , and can be accessed respectively through www.igmfinancial.com or by phone at 1-800- 319-4610 or 416-915-3239 . Page | 1 IgM IG WEALTH MACKENZIE Investment MANAGEMENT Planning Counsel " Investments Financial FINANCIAL SOLUTIONS FOR LIFE