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Laurentian Bank Financial Group declares dividend on its preferred shares

Laurentian Bank Purchases Group Annuity Contracts De-Risking Its Pension Plans

Laurentian Bank Financial Group declares dividend on its common shares

Author of the article: GlobeNewswire Publishing date: Jun 02, 2021  •  1 hour ago  •  2 minute read  •  Article content MONTREAL, June 02, 2021 (GLOBE NEWSWIRE) — At its meeting held on June 1, 2021, the Board of Directors of the Laurentian Bank of Canada (TSX: LB) (the “Bank”) declared a regular quarterly dividend of 40 cents per share on the common shares payable on August 1, 2021 to the holders of record at the close of business on July 2, 2021. The above-mentioned dividends are designated as eligible dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation. The above-mentioned shares are eligible shares under the Bank’s Shareholder Dividend Reinvestment and Share Purchase Plan (the “Plan”). Consequently, the holders of such shares may elect to reinvest their dividends in newly issued common shares of the Bank. Such purchases will be made a

Laurentian Bank Celebrates Historic 175 Year Milestone The Bank is Building on its Strong Roots for Sustainable Future Growth

Article content MONTREAL, May 26, 2021 (GLOBE NEWSWIRE) Laurentian Bank of Canada (TSX: LB) is pleased to announce a historic milestone – its 175-year anniversary today. The Bank is proud to have been a part of the fabric of our country for 175 years and will be celebrating this great achievement with employees, customers, and its communities throughout the year. On May 26, 1846, the Montreal City and District Savings Bank was founded by Monsignor Ignace Bourget, second Bishop of Montreal, and by a group of 15 prominent Montrealers from many linguistic and denominational communities. After its first year of operation, the Bank had $117,400 in assets. The Montreal City and District Savings Bank became the Laurentian Bank of Canada in 1987, and today has $45.2 billion in balance sheet assets and $29.2 billion in assets under administration.

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