Reorganization

On December 13, 2019, Power Corporation of Canada and Power Financial Corporation announced a reorganization, simplified corporate structure, and refocused strategy.?The completion of the reorganization transaction was announced February 13, 2020.

Below, you will find important information about the reorganization.

Tax Information for U.S. Shareholders - IRS Form 8937 News release announcing the completion of the reorganization and the determination of the final offer price for the pre-emptive right News release announcing shareholder approval of reorganization transaction News release announcing receipt of Interim Order and mailing of Management Proxy Circular News release announcing the reorganization Fact sheet – updated January 2020 Management Proxy Circular
FAQ – extract from the Management Proxy Circular Letter of transmittal Analyst call presentation – December 13, 2019

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Non-IFRS Financial Measures and Presentation
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The Meeting Materials include references to net asset value and net asset value per share, financial measures which are not in accordance with International Financial Reporting Standards ("IFRS"). Net asset value presents the fair value of the net assets of each respective company and is used to assist in assessing value, on a per share basis. These non-IFRS financial measures do not have a standard meaning and may not be comparable to similar measures used by other entities. Refer to the "Non-IFRS Measures and Presentation" section of PFC's and PCC's most recent Management's Discussion and Analysis for the definition of non-IFRS financial measures and reconciliation with IFRS financial measures.

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