FSZ Fiera Capital Corporation

Integrated Asset Management Corp. (“IAM”) (TSX: IAM) announced today that it has obtained an interim order  from the Ontario Superior Court of Justice (Commercial List) (the “Interim Order”) in connection with its previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) pursuant to which Fiera Capital Corporation (“Fiera Capital”) (TSX: FSZ) will acquire all of the outstanding common shares of IAM (the “Transaction”).

The Interim Order authorizes, among other things, IAM to call, hold and conduct a special meeting of holders of its common shares (“IAM Shareholders”) to consider, and if thought advisable, approve the Transaction (the “Meeting”). In accordance with the Interim Order, the Meeting will be held on June 14, 2019 at 4:00 p.m. (Toronto time) at The Toronto Region Board of Trade in the Ridout Room, 3rd Floor, 1 First Canadian Place, Toronto, Ontario. The record date for determining the IAM Shareholders entitled to receive notice of, and to vote at, the Meeting is the close of business on May 14, 2019.

In addition to IAM shareholder and court approvals, the closing of the Transaction is subject to regulatory approvals, IAM’s adjusted cash balance as calculated under the arrangement agreement dated March 21, 2019 between IAM and Fiera Capital being at least $10 million at the effective date and closing conditions customary in transactions of this nature, including approval by the Toronto Stock Exchange for the listing of Fiera Capital shares to be issued. Assuming these conditions are satisfied or waived, the Transaction is expected to close in the second quarter of calendar year 2019.

Further information regarding the Transaction is available in IAM’s news release dated March 22, 2019 (and related material change report), copies of which are available on SEDAR, and will be contained in a management information circular that IAM will prepare, file on SEDAR at www.sedar.com and mail to IAM Shareholders in advance of the Meeting.

No Offer or Solicitation

This announcement is for informational purposes only and does not constitute an offer to purchase or a solicitation of an offer to sell IAM shares or an offer to sell or a solicitation of an offer to buy Fiera Capital shares.

Forward-Looking Information

Certain information in this news release constitutes forward-looking information for the purposes of applicable securities laws. Forward-looking information and statements can generally be identified by the use of forward-looking terminology such as "anticipate", "estimate", "may", "will", "expect", "believe", "plan" or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results “may”, “could”, “would”, or “might” occur or be achieved.  All statements included in this news release, other than statements of historical facts, are forward-looking statements or information. Forward-looking statements or information in this news release relate to, among other things, statements regarding the timing of the special meeting, the related record date and the hearing for the final court order for the Transaction, the preparation, filing and mailing of a management information circular in connection with the special meeting and the anticipated completion of the Transaction and the timing thereof. These forward-looking statements are not facts or guarantees of future performance, but only reflections of estimates and expectations of IAM's management and involve a number of risks, uncertainties, and assumptions that, while considered reasonable by IAM, are inherently subject to significant operational, business, economic, regulatory and other uncertainties and contingencies.

Readers are further cautioned that forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements or information contained in this news release and IAM has made assumptions and estimates based on or related to many of these factors. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking statements and information are the following: the ability to consummate the Transaction; the ability to obtain all required approvals and consents including regulatory, TSX, shareholder and final court approval or to otherwise fulfill all of the conditions precedent to the Transaction, in a timely manner, or at all; changes in general economic, business and political conditions, including changes in the financial markets, changes in applicable laws and other risk factors including those discussed in IAM’s public filings available at www.sedar.com and in particular in its most recent annual information form under “Risk Factors”. The foregoing risks and uncertainties are not exhaustive.

Readers are further cautioned not to place undue reliance on forward-looking statements or information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking statements and information contained in this news release are expressly qualified by this cautionary statement. Except as required by law, IAM assumes no obligation to update or revise forward-looking information to reflect new events, information or circumstances.

About Integrated Asset Management Corp.

IAM is one of Canada’s leading alternative asset management companies with approximately $3.1 billion in assets and committed capital under management in private debt, infrastructure debt and real estate as of March 31, 2019. For more information, please visit: www.iamgroup.ca. IAM’s common shares trade on the TSX under the ticker symbol IAM.

About Fiera Capital Corporation

Fiera Capital is a leading independent asset management firm with approximately C$144.9 billion in assets under management as of March 31, 2019. The Firm provides institutional, retail and private wealth clients with access to full-service integrated money management solutions across traditional and alternative asset classes. Clients and their portfolios derive benefit from Fiera Capital’s depth of expertise, diversified offerings and outstanding service. Fiera Capital trades under the ticker FSZ on the Toronto Stock Exchange. www.fieracapital.com 

In the U.S., asset management services are provided by the Firm’s U.S. affiliates who are investment advisers that are registered with the U.S. Securities and Exchange Commission (SEC). Registration with the SEC does not imply a certain level of skill or training.

Additional information about Fiera Capital Corporation, including the Firm's annual information form, is available on SEDAR at www.sedar.com.

For further information, please contact:

Integrated Asset Management Corp.

John Robertson President and Chief Executive Officer 416-360-7667