SHARBOT LAKE, ON, November 19, 2024 –

Dividend Announcement

Frontenac Mortgage Investment Corporation (FMIC) announces its Board of Directors has declared a dividend of $0.0574222 per share, payable on November 19, 2024 to shareholders of record as of October 31, 2024. This dividend payment reflects FMIC’s approximate net income for October 2024. This dividend will be paid in cash; the dividend reinvestment program is not available for this payout.

Further details on FMIC are accessible through its SEDAR+ profile at [link omitted].

Forward-Looking Statements

This release includes forward-looking statements, as defined under applicable Canadian securities laws. These statements pertain to the Corporation’s future business, operations, financial performance, prospects, and plans. All statements that are not based on present or past facts are considered forward-looking. Such statements often, but not always, use words like “anticipate,” “believe,” “plan,” “intend,” “estimate,” “expect,” “may,” “will,” “project,” “should,” or similar terms.

Forward-looking statements are subject to assumptions and risks. These uncertainties could cause actual results to differ significantly from those projected. These statements are not guarantees of future performance. While FMIC believes these statements are reasonable, there’s no assurance they will prove accurate. Actual results may differ materially. Readers should independently assess the inherent risks and uncertainties and avoid undue reliance on such statements. This cautionary statement qualifies all forward-looking statements. These statements are current only as of today’s date. FMIC assumes no obligation to update them unless legally required.

SOURCE Frontenac Mortgage Investment Corporation

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