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iA Financial Group Obtains Interim Order for Plan of Arrangement

Quebec,

News Release

Industrial Alliance Insurance and Financial Services Inc. ("iA Financial Group" or the "Company") announced today that it has obtained an interim order from the Superior Court of Quebec (the “Interim Order”) in connection with the arrangement transaction (the "Arrangement") with iA Financial Corporation Inc. ("iAFC") previously announced in February 2018. The Interim Order, among other things, authorizes the Company to call and hold an annual meeting of the Company’s common shareholders and participating policyholders combined with a special meeting of common shareholders (collectively, the "Meeting"), at which common shareholders will be asked to approve the previously announced Arrangement under the Companies Act (Quebec) with respect to the Company and under the Business Corporations Act (Quebec) with respect to iAFC. In accordance with the Interim Order, the Meeting will be held on May 10, 2018 at the Quebec City Convention Centre, 1000 René-Lévesque Blvd. East, Quebec City, Quebec, at 2:00 p.m. (Eastern Time).

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