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ESG Report | Canaccord Genuity

January 2022 | 24 pages

CANACCORDGENUITYGROUPINC. ESGReport: Commitmentto Sustainability and Corporate Social Responsibility JANUARY2022

Amessagefrom our CEO AtCanaccordGenuity,weoccupyanincreasinglyimportantrolein supportingtheglobalgrowtheconomy.Inoureffortstofostera vibrant marketplaceforgrowthcompaniesandinvestors,werecognizethatour valuesandactionsalsohaveanimpactontheworldaroundus.Weare alsoacutelyawarethatgeneratingsustainablevalueforourshareholders requiresustoadvanceourstrategicprioritiesinwaysthatprovidebenefits for both business andourcommunities. OurleadershipteamandBoardofDirectorshave underscoredour WhiletheCGPrinciplesofCorporateSocialResponsibilityand commitmenttoallmatterspertainingtoenvironmental, social and Sustainabilityapply toall our businesses and geographies, we have governanceissues.Duringfiscal2022,ESGwas addedtotheformal foundthatourimpactisstrongerwhenweempowerourbusinesses mandateforourBoardofDirectors,andwewillalsobeincorporating to take responsibility for identifying and advancing the Corporate ESGconsiderationsintoourexecutivecompensationframework. Social Responsibility (CSR) and Environmental, Social and Governance Knowingthatourability to advance these important priorities requires (ESG)approachesthatwilldeliver the mostmeaningful impactsintheir afirmwidecultureofaccountability,wehavealsoimplementedaseries respective regions. of initiatives across the organization to advance diversity and inclusion TABLEOFCONTENTS andincreaseemployeeengagement,aswestrivetobuildamore In preparing this report, we listened to feedback from abroad range sustainable and inclusive future. of stakeholders,andwealsodrewupontheextensiveexpertiseof AmessagefromourCEO 2 colleagues throughout the CanaccordGenuity Grouptohelpgather KeyReportingFrameworks 3 While our direct environmental footprint is small relative to more andorganizethecontentrelativetotheareaswehaveidentifiedinour carbonintensiveindustries,andwedonotengageincorporatelending benchmarking. CGPrinciplesofCorporateSocial 4 or principal investing activities which would increase our exposure to Responsibility and Sustainability climatechange,weviewthetransitiontonet-zeroasaresponsibility Ourapproachesandactionswillcontinuetoevolveaswelistenclosely OperatewithIntegrity 5 for all businesses. As such, we are investigating and developing ways to our key stakeholders, including existing and potential shareholders, RespectPeople&Communities 9 to reduceconsumptionandwaste,andminimizeourgreenhousegas ourcommunitiesandthemanytalentedprofessionalswhocurrently emissions, primarily from our facilities and travel. workwithus,orareconsideringbuildingacareerwithCG. Diversity &Inclusion 12 Asyouwillreadinthisreport,wearealsomakingtargeted Thankyouforyourcontinuedsupport. Giving&Volunteering 15 advancementsinourcapitalmarketsandwealthmanagement RepectourPlanet 18 offerings, withafocusonhelpingcompaniesandinvestorsadvance DanDaviau AdvancingtheCG clientoffering 21 their sustainability objectives and contribute to abetter world. President & CEO CanaccordGenuityGroupInc.

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Canaccord Genuity Group Inc. Commitment to Sustainability and Corporate Social Responsibility Advancing the CG Client Offering Operate with integrity Respectpeopleandcommunities Respect our planet Keyreporting frameworks Tohelpinformourdecision-makingregardingthecontentandourstrategyof ourESGreportinginitiative,weperformedextensivebenchmarkinganalysis tohelpusunderstandwhatotherfirmsinourpeergroupwerereporting.We Incorporation of Employee Diversity & Environmental, Social, and relied upontheSustainabilityAccountingStandardsBoard(SASB) tohelpus Inclusion Governance Factors in Business Ethics Investment Management& understandtheareasthatmaybeofmostrelevancetoourinvestors,andwe Advisory referredbroadlytotheUnitedNationsSustainableDevelopmentGoalsto helpguideourprogressinareasthatarenotdirectlycoveredbySASB. SASBMATERIALITYMAP UNITEDNATIONSSUSTAINABLE SASBwasfoundedasanon-profitorganization DEVELOPMENTGOALS Professional Integrity SystemicRiskManagement EmployeeIncentives &Risk in 2011 to help businesses and investors develop TheUNSustainableDevelopmentGoalswere Taking acommonlanguageaboutthefinancialimpacts establishedin2015byworldleaderstoendpoverty, of sustainability. Over the years, the corporate protecttheplanet, and seek toensureprosperity for sustainability disclosure landscape has become all. verycomplex.Many globalbusinessesandinvestors The17GoalswereadoptedbyallUNMemberStates havebeencallingforsimplificationandclarityin in 2015, as part of the 2030 Agendafor Sustainable this landscape. In response, in November 2020the Developmentwhichsetouta15-yearplantoachieve International Integrated Reporting Council (IIRC) theGoals. andtheSustainability AccountingStandardsBoard (SASB)announcedtheirintentiontomergeintothe Asa resultofourreview,wehavedeterminedthat Value ReportingFoundation, whichwasofficially ourcurrentactivities mostcloselyalign withthegoals formedinJune2021.By integratingtwoentitiesthat set forth here. arefocusedonenterprisevaluecreation,themerger signaled significant progress towards simplification. TheValueReportingFoundationoffersa comprehensivesuiteof resources—including Integrated Thinking Principles, the Integrated ReportingFramework,andSASBStandards— designedtohelpbusinessesandinvestorsdevelopa sharedunderstandingofenterprisevalue.

CGPrinciples of Corporate Social Responsibility and Sustainability Ourfirmwideapproachestosupportingthewellbeingofouremployees,clientsandcommunities OPERATEWITHINTEGRITY RESPECTPEOPLEANDCOMMUNITIES RESPECTOURPLANET Wearecommittedtoconductingourbusinessin Wethinklocallyandglobally,understandingtheimpact In our efforts to create enduring value, we take care to accordancewithallapplicablelaws, rulesandregulations thatouractionsandbehavioursmayhaveonthe reducetheimpactofourday-to-daybusinessactivities andthehighestethicalstandards. successandwellbeingofourcolleagues,clients,and ontheenvironment. Wemaintainsafeworkingenvironmentsandmaintain partnersinalltheregionswhereweoperate. CanaccordGenuityhasalsohadalong-standing policies to ensure the protection of human rights in our We takecaretorespectthecultureandcustomsin commitmenttosupportingcompaniesand investors businessandsupplychains. theregionswhereweoperateandwherewetravel.We that are committed to positively impacting the planet. Ourfirmwideriskmanagementframeworkiscriticalto arecompliantwithallapplicablelawsgoverningequal Wearecommittedtosupportingthecontinuedgrowth maintaining ourcompany’songoingfinancialstability employmentandanti-discrimination. ofcapital markets and wealthmanagementsegments andbusinesscontinuity. Our firmwide Diversity Policy is centred on valuing the whichfocusonhelpingcompaniesandinvestors rich diversity among our employees and all those with advancetheirsustainabilityobjectivesandcontributeto whomwedobusiness. abetterworld. Weempowerourbusinessesandindividualstodirect their charitable and volunteer efforts towards the causesandinitiativesthatwillhaveameaningfulimpact in their respective communities. Asweendeavourtoincreasethevalue ofourbusiness,CGemployeesandpartners incorporate our principles of corporatesocialresponsibilityandsustainabilityintoeveryaspectofourbusinessactivities.

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Operate with Integrity

Operate with Integrity Ourabilitytocontributetopositiveandlastingchangecanonlybeeffectiveif weincorporateourESGprioritiesintotheday-to-dayresponsibilitiesof our Ourfirststepinoperatingwithintegrityisensuring ModernSlaveryAct leadershipteamandallemployees. that all CG employees, directors and officers adhere OurModernSlaveryActStatementconfirmsour to our CodeofBusinessConduct& Ethicswhich commitmenttoconductingbusiness ethically and CommitmenttoGovernanceStandards embodiesourcommitmenttoconductingour ensuringthatthereisnoslaveryorhumantrafficking AsoutlinedinourannualManagementInformationCircular,theCompanyunderstandsthe businessinaccordancewithallapplicablelaws, rules in any of our supply chains. In the UK, staff are importanceofregularandconstructiveengagementtoencourageshareholderstoexpresstheir andregulationsandthehighestethicalstandards. providedtrainingtoensuretheyhaveahighlevelof viewsoncorporategovernanceandothermatters,compensationphilosophyanddisclosure understandingoftherisksofmodernslaveryinour matters.Overthepastfiveyears,theCompanyhashadextensivediscussionswithitslargest All CanaccordGenuityemployees,officers,directors businessandsupplychains.Weexpectoursuppliers shareholdersaboutcompensationphilosophyandcorporategovernancewhichhaveshapedthe andconsultantsareexpectedtoadheretothe to meetthesamehighstandards. Company’spractices.Morerecently,issuesofEnvironmentalandSocial practiceshavemovedto principles and procedures set forth in the Code theforefrontofthesediscussions. Asaresultofthesediscussions,ESGwasaddedasaformal of Business ConductandEthicsandarerequired Anti Money-Laundering /AntiTerrorist mandateforourBoardofDirectors,andwewillalsobeincorporatingESGconsiderationsintoour to review and certify acknowledgement and Funding executive compensation framework. understandingofthePolicyinwritingonanannual Wehaveanti-moneylaunderingprograms,policies basis. andproceduresinplacedesignedtopreventmoney EmployeeTraining& Engagement Weencourageallemployeestofeelcomfortable launderingandanyactivitythatfacilitatesmoney Asyouwilllearninthepagesofthisreport,allCanaccordGenuityemployeesareencouraged engaginginadialoguewiththeirsupervisor,senior launderingor the funding of terrorist or criminal toparticipateinabroadrangeoftrainingandcontinuingeducationprogramsinconnection management,ortheAppropriateEthicsContactsin activities through CG’s facilities, and to comply with withourongoingbusinesscontinuityplanning,regulatoryandemployercommitments.While eachgeographyonmattersrelatedtoviolationsof all reporting obligations in each jurisdiction. wehaveintroducedseveralprogramstoincreaseemployeeengagementandeducationon law, securities regulations, firm policies and the Code. keycorporatesocialresponsibilitytopics,beginningin2022wewillenhanceourmandatory training for all employees on ethical standards and key ESG priorities. TheCodeoutlinestheprocessforreporting SupportingourClientsinMakingInformedChoices violations and covers the following topics: In responsetoincreasingdemandfromclients,wearedoingourparttoencouragerobust • Personalconflicts of interest ESGdisclosurefromthecompaniesanddealersofinvestmentproductsthatweintroduceto • Public disclosure ourclients. Our equity researchteamsprovideinsightsaboutpotential opportunitiesforour • Compliancewithlaws, rulesandregulations clients across sectors and geographies, complementedby timely andthematic conferences. • Corporateopportunities Whileweacknowledgethatmanyoftheearly-stageofthebusinessesthatweworkwithmay • Confidentiality nothave extensiveresourcestocommittoformalESGdisclosures,evensmallstepscanlead • Fair dealing to meaningful impactover time. • Equal employmentopportunityandharassment • Protectionandproperuseoffirmassets • Social media SASB: EmployeeIncentives&RiskTaking | BusinessEthics | ProfessionalIntegrity | IncorporationofESGintoInvestmentManagement&Advisory

Operate with Integrity Our ethical commitments extend into all areas of our business, and we embrace the importance of conducting our business in full compliance with all applicable laws and regulations. We employ extensive Know your Client (KYC) measures, and we have continued to invest in advancing these measurestokeeppacewiththerapidlyevolvingindustrylandscape. Whistleblower Policy CommitmenttoBestExecution CanaccordGenuityhasaWhistleblowerPolicyinplacewhich Asaparticipantinmultiplemajormarketplacesaroundtheglobe, includesproceduresforreportinganycomplaintsregarding wearecommittedtothebestexecutionofeachclientorder accounting, internal controls and other financial reporting matters. available under the circumstances.Ourpoliciesandprocedures TheAuditCommitteehas establishedproceduresforthereceipt, for best execution apply equally to all orders from retail clients, retentionandtreatmentofcomplaintsreceivedbytheCompany, institutional clients and other dealers to which we provide trading andfortheconfidential,anonymoussubmissionifan employeehas services. anyconcernsregardinganypracticeorpolicywithinthefirm. RiskManagementFramework ConflictofInterestPolicy OurfirmwideEnterpriseRiskManagement(ERM)frameworkis In keeping with our commitmenttotreatingcustomersfairly,we critical to maintaining our company’s ongoing financial stability and will never knowingly put ourselves intoaposition whereour own businesscontinuity. Theframeworkemploysaholisticapproachto interests, or our responsibilities to another client, prevent us from identifying significant risks that may impact the strategic objectives undertakingourdutytoourclients.Acrosstheorganization,we of the business and developing aprocess to managerisks within haveinternal policies and procedures specifically established to ouroverall risk appetite. TheAudit CommitteeofCG’sBoardof managepotentialconflictsofinterest,andtheyaresubjectto DirectorshasoversightovertheERMprogram,whichservesasan ongoingmonitoringandreviewprocesses. importantelementofthefirm’sriskgovernance.TheERMgroupis responsible for identifying material risks inherent to the business, PrivacyPolicy settingappropriatetolerancelevels,monitoringriskmanagement Wehaveadoptedpolicesandproceduresthataredesignedto processes, and taking corrective actions, where necessary, to ensurethesecurityandconfidentialityofcustomerinformation. manageandmitigatesuchrisks,including,butnotlimitedto, In addition, these policies and procedures are designed to prevent market,credit,operational, andliquidity risks. unauthorizedaccessoruseofclientrecordsandinformation. SASB: SystemicRiskManagement | BusinessEthics | ProfessionalIntegrity

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Operate with Integrity Cybersecurity TheCompanyisdevelopingandimplementingathird-partyrisk OurGlobalCybersecurityCommitteeassiststheBoardof managementframeworkaspartofonboardingnewvendorsand Directorsinprotectingour assets, recordsandinformationfrom otherthirdpartiesaswellasvettingexistingvendors.Thepurpose cyberthreats. By taking arisk-based approach, utilizing technology of theseproceduresistoensureallpartiesinteractingwiththe andappropriatepractices andprocedures,theCommitteeensures Companyareadheringtohighstandardsrelatedtocybersecurity. that the following goals are met: In addition, we devote considerable effort and resources to defend • Confidentiality: All information stored should be kept private againstandmitigatecybersecurityrisk,includingincreasing andshouldonlybeavailabletoandusedbypeople(orsystems) awarenessthroughouttheorganizationthroughanestablished that CanaccordGenuity has explicitly authorized and given firm-widecybersecurity training program for all employees. permission to do so. OurglobalCybersecurityCommitteemonitorsandreviewsthe appropriatenessandeffectivenessofourcontrols. • Integrity: Maintain the integrity of information to keep all systemsanddatacomplete,intact,andfreefromcorruption. TheCompany’smanagementofcybersecurityrisk,as wellas anyreportedincidents,isregularlypresentedtobothsenior • Availability: Maintain the availability of systems, services, and managementthroughtheCybersecurityCommitteeandtheAudit informationwhenrequiredbytheCompanyand/oritsclients. CommitteeoftheBoardofDirectors

Respect People &Communities

Respect People & Communities We thinklocallyandglobally,understandingtheimpactthatouractionsandbehavioursmayhave onthesuccessand wellbeingofourcolleagues,clients,andpartnersinalloftheregionswherewe operate. TalentManagement&Development how to recognize and report incidents of violence, harassment WestrivetomakeCGaplacewhereemployeescanpursuethe or bullying so that we can intervene and provide the necessary mostproductiveyearsoftheircareers.PerformanceManagement supportforaffectedemployees. plays an importantroleacrossour organization.Our continuous performance managementcommitmentensures that employees EmployeeHealth&Wellness receive annual performancereviews and an opportunity to work • Competitiveindividual and family health plans withtheir managertosetgoalsforfutureperformance.This • Travelassistanceand healthcoverage approach,developedwiththegoaloffosteringacultureofshared • Employeewellnessdiscounts,accesstofitnessopportunities feedbackandopencommunication,ensuresthatweareableto • On-siteflushotsinsomeofourCanadianofficesaswellas supportall employeesinperformingtheirrolestothebestoftheir shotsbeingcoveredunderouremployeehealthplans ability. • Smokingcessationaids • Accommodationsandjobcontinuityfornewparents.CG Training,Mentoring&Education offerscompetitivematernity,parentaloradoptionbenefitsto In today’s modern,competitiveenvironment,employeesneedto supportouremployeesas theycarefortheirfamilies,without engageinongoingtrainingandeducationtodevelopandenhance fear of anegative impactontheiremploymentstatusorfuture their knowledgeandskills to meetincreasingdemandswithina opportunities. Additionally, we provide tools, connections and changinglandscape.Wewantouremployeestofeelconfident resourcestosupportnewparentsastheytransitionthrough aboutimprovingefficiencyandproductivity,aswellasadvancing andbackfromparentalleave their personal developmentandsuccess. Safe&AccessibleWorkplaces Anti-Violence,Bullying&Harassment Ourhealthandsafetyinitiativesarecomprisedofemployee In keeping with our commitmenttopreserveasafe,productive andemployerrepresentatives working together to identify and andhealthyworkingenvironmentforemployeesbasedon resolvehealthandsafetyproblemsintheworkplace.Canaccord mutualrespect,CanaccordGenuitywillnottolerateanyform Genuityis committedtoprovidingemployeesandclientswith of harassmentordiscriminationagainst jobcandidatesand publicly available emergency information in an accessible way employees. In our effort to prevent discrimination, harassing or uponrequest. Wewillalsoprovideemployeeswithdisabilities bullying behaviour, we provide training to ensure that employees, individualized emergency response information when necessary. contractorsandconsultantsunderstandourpolicyand know SASB: ProfessionalIntegrity SDG: 03:GoodHealthandWell-Being | 08: Decent GrowthandEconomicGrowth

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CASESTUDY Respect People & Communities: COVID-19 Response TheonsetoftheCovid-19pandemichadaprofoundimpactonourdailylives,bothpersonally Protecting the health and safety of our andprofessionally.Makingthehealthandwellbeingofouremployeesourtoppriority,wequickly employees and clients is our top priority adaptedtonewwaysoffosteringourconnections,aswesupportedouremployeesandclients. Withinamatterofdays,ourteamsinallgeographiestransitionedto » Rapidlytransitioned>90%ofemployeestoa secure, aremoteworksetting,withallbusinessescollaboratingseamlessly remoteaccessenvironment in asecureenvironment.Theresponsefromemployeesacrossthe organization wasandcontinuestobeextraordinary. » All aspectsofourbusinessremainedfullyoperationalwith notechnologyinterruptions In the days and weeksfollowingthehistoricmarketactivityinthe springof2020,ourteamsmobilizedquicklytoidentifytheclients » DedicatedCovid-19responseteamsineverybusinessand that needed us most and put forth remarkable efforts to support geography them,allwhilelookingoutforoneanother.Itwasaremarkable demonstrationofourcoreCGvalues. » Implementedprotectivehealthandsafetymeasuresatall Understandingtheaddedpressuresthataprolongedremote office locations workenvironmenthasplacedonouremployeesandtheirfamilies, weexpandedoursupportsystemtoincluderesourcestokeep » Frequentandtransparenttownhallsandcommunications employeeshappyandhealthywhileworkingfromhome,increased withemployees mentalwellbeingsupportwithvideos,inspirational speakers,online social events, and opportunities to be connected and focused on ◊ BrainSHIFT: 3steps to break the stress-success cycle staying motivated, building resilience and managing stress. ◊ COVID-19SupportingChildren’sMentalHealth » Enhancedourdigitalcapabilitiestooptimizeremote ◊ COVID-19:Loneliness&IsolationFatigue- Self-CareStrategies collaboration and workflow Aswemovethroughacarefullymanagedreturnphase,weare ◊ COVID-19:DealingwithSeasonalAffectiveDisorder continuingtorethinktheemployeeexperienceinmoretargeted ◊ Mindfulness and Mitigating the Stress Response to COVID-19 » Implementedclient-centricvirtualsolutionsfordue anddynamicwaysthatrespectchangingattitudestowardwork- ◊ COVID-19: StrategiesforManagingStress diligence, data rooms, conferences and events homebalanceandindividucalneedsandcircumstances. ◊ COVID-19: CalmingYourMindinChallengingTimes ◊ Building Resilience in the Face of COVID-19 SASB: ProfessionalIntegrity SDG: 03:GoodHealthandWell-Being | 10: Reduced Inequalities

Respect People & Communities: Diversity & Inclusion TheImportanceofDiversity&InclusionatCG AtCanaccordGenuity,weknowthatmanyofourgreatest opportunities arise whenwebringtogetherthediverseand Ourpeopleareourgreatestasset,whichiswhywewillalwaysbefocusedonfosteringadiverse differentiated perspectives from across our talent pool. We strive andinclusiveculture,wheretalentedpeoplecanhaveenrichingexperiencesanddeveloptotheir to operate as an organization that celebrates partnership and is full potential. free from discrimination and bias. CorporateGovernance Diversity Policy OntheinitiativeoftheCEOandtheGlobalOperatingCommittee, AsourCompanyhasevolved,ourBoardofDirectorshascontinued OurfirmwideDiversityPolicy servesasa guidelinetopromote aCoreDiversityCouncilwasestablishedin2016.Itiscomposed to prioritize strong governance and diverse perspectives. equal opportunities for all current and potential CG employees. We of mid- to senior-officer level individuals from each of the regions Beginninginfiscal2022,ourBoardofDirectorshas56%female knowthatdiverseteamscreatebetterbusinessoutcomes, and andreportsregularlytotheChiefExecutiveOfficer.Inconnection representationattheindependentlevel.TheBoardtakesanactive wearecommittedtofosteringan inclusiveenvironmentwhere withthemandateoftheCouncilandontherecommendation role in setting and supporting our Diversity &Inclusion priorities. all employees andclients canthrive, and whereopportunities of the CorporateGovernanceandCompensationCommittee, arebasedonskillandmerit,withoutbias.We havemadesteady theBoardadoptedaformalboarddiversitypolicyfordirectors EqualOpportunityEmployer progressonembeddingthisintoourfirm-widecultureand in connectionwithCanaccordGenuity’sglobaldiversitypolicyin CanaccordGenuitypracticesequalopportunityandfairhiring talent managementprocesses,butwealsorecognizethatthere fiscal 2017 to reflect the Company’s commitment to diversity and processeswhenfillingpositions, andhires only themostqualified is aprofounddifferencebetweenintentionandaction.Weare inclusion throughout its organization. individuals, based on their knowledge, skills, abilities and other committedto continuouseducationandadvancementofthe competencies.CanaccordGenuityhas adoptedthispolicyto policies and processes that address inequality as they relate to In its ManagementInformationCircular, the Companydiscloses: ensurethatall employeesandpotentialcandidatesareconsidered boththeemployeeandclientexperience. • theinitiatives for achieving diversity set by the Board in for employmentopportunitiesthroughaconsistent,fairandbarrier accordancewithourpolicyandtheprogresstowards freeapproach. Listening, Learning and Continuously Improving achieving them; Wearecommittedtocontinuouseducation,andadvancementof Acrosstheorganization,CanaccordGenuityhasimplemented thepolicies and processes that address inequality, as they relate • theproportionoffemaleemployeesatCG,inseniorexecutive policies and measures focused on non-discrimination, harassment to both the employeeandclientexperience. Thepandemichas positionsandontheBoard prevention, accessibility, health and safety, training and education. highlighted the importanceofinclusionandwehavedeployed Several of the existing policies and programs outlined in this report several learning and engagement events to equip leaders and supportDiversityandInclusion,butweknowthatourcollective futureleaderswithtacticsandresourcestohelpusbuildastronger successrequiresustosustainaculturethatwhereeveryone futurewhichincludesadiversepipelineofhigh-potential talent. at CGsharesthisresponsibilityandhasthetoolstoharness opportunities to drive measurable, long-term improvement. SASB: Diversity&Inclusion SDG: 05:GenderEquality | 10: Reduced Inequalities

Diversity & Inclusion Advancements Despitethechallengespresentedbythe In all CG geographies,wehaveformedpartnershipswithleadingorganizationstohelpusadvance prolonged remote-workenvironment,we ourD&Iprioritiesaswelooktodrivepositivechangeinourworkforce,andalsointhecommunities havemadesignificantprogressinadvancing ourD&Iprioritesinallourbusinessesand whereweoperate. geographies In 2021, Canaccord Genuityjoinedtheleadersofover300Canadiancompaniesinpledgingtotakeactiontoendsystemic • Continuedemphasisoninclusion ofdiverse anti-Black racism and increase representation of BIPOC talent across our industry. candidatesonhiringslatesacrossallbusinessesand TheCanaccordGenuityDiversityAwardforExcellenceisanacademicscholarshiptobenefitBlackstudentsatthe geographies. Schulich School of Business. Two awards will be offered each year to an undergraduate and an MBA candidate who demonstrateacademicexcellenceandaninterestinpursuingacareerincapitalmarketsorwealthmanagement.Our • ExpandedtheCanaccord GenuityAdvisory 2021recipients will receive financial support, mentorship and opportunities to interview for summer roles. ProgramforWomen Entrepreneurstoapplicants CGAustralia is endorsed by WORK180 alongside leading global brands. This organization provides transparency to female fromallCGgeographies. job seekers on equal pay, professional development, family leave/flexible work policies. In the UK, we are participating in 10,000 Black Interns, an initiative to provide paid work experience and world-class training • Initiated the CG “Spotlight Series” campaign to anddevelopmentacrossarangeofindustries.InternsjoiningCGreceiveexperienceandmentorshipwithaviewtowardsa showcaseourdiversetalentmixacrossgeographies potential permanentrole. andhighlightpeopleasourmostvaluedasset. OurU.S.capitalmarketsteamhashadalong-standingpartnershipwithYouthINC,auniqueventurephilanthropymodel • AspartofCG’sPrideMonthcelebrations,Dr.Lee that empowers,develops,andeducatesnonprofitorganizationsservingyoungpeople.Foreightyears,thisteamhas Airtonspokeonthetopicofgenderdiversityand donatedcommissionsonitsannualTradingWeek forKids, inadditiontohostingMentorDay forKids, toprovidehigh schoolstudentswithanopportunitytomeetseniorexecutivesandlearnaboutourday-to-daybusinessactivities. mindset/practicesfor cultivating a gender-friendly CG’swealthmanagementbusinessintheUK&CrownDependenciesisamemberofInterInvest,anetworkof LGBT+ company culture. peopleandallieswhocareabouttheLGBT+ experienceininvestment. TheCanaccordGenuityAdvisoryProgramforWomenEntrepreneurspairshigh-potentialfemaleCEOswithmembersof • September30,2021wasCanada’sinaugural acarefully selected Advisory Group comprised of successful entrepreneurs and leading business innovators. In addition, NationalDayforTruthandReconciliation.Inour senior CGcapital markets and wealth managementprofessionalsvolunteer timeandrelevantexpertisetohelpeach efforts to honour Truth and Reconciliation Week, leader achieve their business goals. Following the success of our Canadian launch, the program has been expanded to weinvitedIndigenousEducatorShannonMonkto applicantsinall CGgeographies. lead employeesonaneducationaljourneyentitled Ourrelationship with CareerEdge provides Canadianjobseekers facing abarrier to employment with anopportunity to TheIndigenousCircleApproachtoCultural succeedandprovidesemployerswiththeopportunitytohirediverse,qualifiedtalent.This includes skilled candidates Confidence™. whoarenewcomerstoCanada,peoplewithself-declareddisabilities,Canadianarmedforcesmembers,andrecent postsecondary graduates. SASB: Diversity&Inclusion SDG: 04:QualityEducation | 05:GenderEquality | 10: Reduced Inequalities

CASESTUDY The Canaccord Genuity Advisory Program for Women Entrepreneurs TheCanaccordGenuityAdvisoryProgramforWomenEntrepreneursisaninitiativeconceived in the spirit of our commitmenttofosteringaninclusive,innovativeandentrepreneurial environment,bothwithinourfirmandinthebroaderbusinesscommunity. Launchedin2019, thisprogrampairshigh-potentialfemaleCEOs “TheCanaccordGenuityAdvisoryProgramfor “I strongly recommend this program withmembersofacarefullyselectedAdvisoryGroupcomprisedof WomenEntrepreneursoffersasolidcombination to any woman entrepreneur looking successful entrepreneurs and leading business innovators, for one- ofstrategicadvice,networkingandmentorship. on-onementorship. We achievethisbyintegratingthetalentsofour “ togaininsightsfrom CanaccordGenuitypeople,whoareexcellentat experienced business leaders. Additionally, senior CG capital markets and wealth management workingwithemergingbusinesses,andourexternal professionals volunteer time and relevant expertise to provide advisorswhoofferawealthofexperienceas The team at CG did not strategicadvicewiththeobjectiveofhelpingeachleaderachieve successful world-class entrepreneurs.” hold back when it came to their business goals. This program demonstrates our commitment DavidKassie to supporting global entrepreneurs, while championing women on Chairman supporting this program their path to participation in the capital markets. CanaccordGenuityGroupInc. and the participants, so it did not feel FollowingthesuccessofourCanadianlaunch,weexpandedthe like it was going against their ethos programin2021towelcomeapplicantsfromallregionswhereCG to work with us, which was especially operates. OUR PROGRAMOFFERS meaningful.” • One-on-onementorshipfromasuccessfulentrepreneur KateBate • Strategic advice from adedicated team of CanaccordGenuity DevonBrooks:CEO& Dr.DinaKulik:Founder Keren Moynihan: Co- SaawanLogan: Co- ManagingDirector/ Partner,Tendril Design &Animation Creator, Sphere &CEO,Kidcrew Founder&CEO,Boss Founder/CEO, North professionals Insights Water 2019Participant. • Networkingopportunities • AninvitationtoourAnnualGlobalGrowthConference,the premiereglobaleventforgrowthcompaniesandinvestors Traci Costa: Founder LucyAylen:CEO, Monica Ruffo: CEO, Katherine Vellinga: CEO,PKBeans NeverFullyDressed WellToldInc. CEO, ZirkovaVodka

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Respect People & Communities: Giving and Volunteerism Asweincreasethevalueofourbusinessandgeneratevalueforour HOWWECONTRIBUTE Making a positive difference in the communities shareholders, wealso endeavour to support sustainable economic • Corporategivingandcommunitypartnerships where we live and work has been a long-standing developmentbycontributingtoourlocalcommunitiesinwaysthat priority for CG and our people, but the global promotetogoodhealthandwellbeing,qualityeducation,decent • Employeegivingthroughvolunteering,fundraising and work,andeconomicgrowthinwaysthatbenefitcommunitiesand donationmatchingprograms pandemic brought a greater consciousness to development. issues of inequality. • Sharingresourcesandexpertisetosupportnon-profitsin We cannotsolvealloftheseproblemsalone,butwithcollaboration achieving their goals fromourstakeholders,wecanmeaningfullycontributetolasting Despitethelimitations imposed byprolongedlockdowns, have solutions. Belowaresomeoftheorganizationsthatwehavebeenproudto continuedtofindways toprovidevitalfundingandsupportfor support. peopleandcommunitiesimpactedbyinequality,illness andnatural Byempoweringourbusinessesandindividualstodirecttheir disasters. charitable and volunteer efforts toward the causes and initiatives that will have ameaningful impact intheir respective communities, ◊ US$750,000donation toYouthINC wehaveseenextraordinarycontributionsfromallregions. ◊ C$100,000donationtoFoodBanksofCanada ◊ C$50,000donationtoCanadianRedCross ◊ A$360,000raisedforAustralianRedCross SDG: 03:GoodHealth&Well-Being | 04:QualityEducation | 08: Decent WorkandEconomicGrowth | 10: Reduced Inequalities

CASESTUDY #CANDO Understandingthebenefitsofanactivelifestyleinrelationtomentalwellbeingandperformanceis importantintheworkplaceandso#candohasbecometheoverarchingthemeforallcommunity drivensportingactivityforourwealthmanagementbusinessintheUK&CrownDependencies. #CANDO=CAN(ACCORD)+‘DO’ We are grateful to TeamedUp and their Olympic athletes Lizzie Thedefinitionof‘cando’intheOxfordEnglishdictionaryis Simmonds, Gemma Howell, Tom George, Henry Weir, and Tom ‘havingorshowinga determinationorwillingnesstotake Deanfortheircontributions. actionandachieveresults’. OTHERCHARITABLESPORTING EVENTSINCLUDE: “I’ve loved having the opportunity to #CANDOEMPLOYEECHALLENGE • Isle of Man Sportive: Since 2019, CGWM UK has sponsored share knowledge and insights from the In 2018 and2019CGWMUKchallengedcolleaguestogetactive this mass participation cycling event, which follows the Isle of “ world of elite sport through the #cando andraise funds towards #cando-themed charitable donations. ManTTcircuit campaign. This is an unprecedented Theaimwastologenoughmilesbetweenthemtotravel1,280 • JerseyCorporateCup:Establishedin2013,TheCorporate and challenging time for all of us, so it’s milesinoneyear–thedistancebetweenallCGWMofficesaround Cupchallengeseesteamsofrunnerscompetinginamonthly theUKandCrownDependencies.In2018,thisteamracked 5-kilometrelunchtimeraceonseveraldatesbetweenApril great that Canaccord Genuity Wealth upaphenomenal125,166miles(fivetimesaroundtheworld!) andSeptember.Theseriesprimarilyencourageslunchtime Management has been so forward- throughvarious activities, from running and walking to cycling and exercise for office based workers, while raising money for the swimming. JerseySportsAssociationfortheDisabled thinking in supporting employee FollowingtheonsetoftheCovid-19pandemicin2020,theCGWM • GuernseyInter-FirmRelay:Theannualinter-firm relay wellbeing with such a positive initiative.” UK teampivotedtolauncha#candochallengewithafocuson racetakesplaceinthecentreofSt.PeterPortwithrunners keepingemployeesandtheirclientsandcommunitieshappyand completingaonemilelap.CGWMUK hassupportedthisevent Lizzie Simmonds healthy while working remotely. for the past 18 years which raises funds for Guernsey Athletics Olympian,GreatBritain Island Gamesteamandinvolvesmanyofouremployeesin Partnering with TeamedUpandtheirOlympicathletes,they volunteerroles £315,000 createdaseriesofvideos,factsheetsandsocialmediaposts,with afocusonstayingmotivated,buildingresilienceandmanaging contributedthrough#candothemedinitiativesto stress, as well as thinking about setting goals and teamwork when workingremotely. supportlocalcommunitiesandcharities

CASESTUDY Youth INC Overthepastdecade,ourU.S.CapitalMarketsbusinessdeveloped In 2021, we committed US$750,000 to help fund the launch of the a strongpartnershipwithYouthINC,aleadingventurephilanthropy Rise Academy for Leaders of Color, bringing our total support to nonprofitinNewYork City,helpingtobuildthecapacityofitsmore overUS$5.0millionforthepast 10years. $5million than75nonprofitpartnerstocreatethestrongandsustainable organizations required to help young people thrive. In partnershipwiththeCenterforNonprofitLeadershipatAdelphi contributedbyCGoveradecadeofpartnership University’s Leading in Community program, Rise Academy withYouthINC ForeightyearsduringTradingWeekforKids,CGdonated integratesleadership development,non-profitmanagement, commissionsfromdesignatedequitytradestoYouthINC.Wehave communityleadership,executivecoachingandmentorshipwith also hostedMentoringDayforKids, whichbringshigh-school thegoalofcreatingarobustpipelineofBIPOCleadersintheyouth “Over a decade of supporting Youth INC, studentsfromYouthINCpartnerorganizationstogetherwithCG developmentfield. senior executives and other company participants to provide a we have witnessed the incredible work snapshotofourday-to-daybusinessactivitiesandanopportunity This contribution supports Youth INC in its mission to dismantle they do to provide youth development to learn about working in the financial services industry. the systemic barriers to advancement for leaders of color in the “ youthdevelopmentsegmentofthenonprofitsector. organizations with the resources needed to help young people develop the skills and confidence to achieve their full potential, Our contribution to fund the launch of the Rise Academy for Leaders of Color underscores our commitment to YouthINC, aleadingventurephilanthropy organization advancing diversity and inclusion in our withanetworkof75+ofthebestyouthdevelopment business and communities as Youth INC nonprofitsinNewYorkCityprovidetheirnonprofit partners with the coaching, capital, and connections expands its efforts to provide dedicated required to achieve sustainable growth and maximum support for BIPOC nonprofit leaders.” impact.Theirnonprofitpartnerscollectivelychampion over200,000youngpeopleeachyear. Jeff Barlow President, Canaccord Genuity LLC.

Respect OurPlanet

Respect our Planet: Impact reduction initiatives Whileourphysicalpresenceisnotexpectedincreasematerially, Lookingahead,weaimtocollectandreviewourconsumptiondata Acrossouroperations,wearecommittedto wearetalkingstepstominimizetheimpactofthebuildingsand annually with the goal of reducing our operational footprint and reducingourenvironmentalimpactthroughseveral facilities where CGhasoperations. Withsupportfromemployees promotingtheresponsibleandefficientuseofresourcesaswe responsibleresourceuseinitiatives,intendedto in all geographies, we have also been making progress to reduce supportthejourneytowardsnetzero. ourconsumptionofplasticandpaper,andreduceourwasteand encourage measuredandconscientioususeofthe resourceusage. resourcesandmaterialsthatweuseinourday-to- GreenBuildings • LEED(LeadershipinEnergyand EnvironmentalDesign) dayoperations. CurrentCGLEED1orotherEnergyrated2 projectsbyregion is the mostwidelyusedgreenbuildingratingsysteminthe world, which provides framework for healthy, highly efficient, Canada1 U.S.1 Australia2 andcost-savinggreenbuildings.LEEDcertificationisaglobally Eliminate the procurementof single-use plastics related (LEED) (LEED) (GreenStar) recognized symbol of sustainability achievement and leadership. tofoodanddrinkinallCGoffices.Thisincludesdrinksand Locations Sq.ft Locations Sq.ft. Locations Sq.ft. utensils,foodcontainersand coffeeandteapods • GreenStarisaninternationallyrecognisedratingsystem Platinum 3 0 0 setting the standard for healthy, resilient, positive buildings and Reducethetotalvolumeofalltypesofpaper(statements, places. Developedfor the Australian environment, Green Star commercialprintforcommunicationsandmarketing, 233,014 108,479 43,658 has certified thousands of sustainable fitouts, buildings, homes office paper and envelopes, business cards and other) Gold 7 5 2 andcommunitiesrightacrossthecountry. Silver 1 1 2 Takestepstowardsreducingourabsoluteenergyusagein in all CG facilities Certified 2 0 0 1.Landlord-owned LEED certifications apply to offices in Canada and the U.S. 2.Landlord-owned Green Star certifications apply to offices in Australia SDG: 03:GoodHealthandWell-Being | 07: Affordable and Clean Energy

CASESTUDY CGToronto Headquarters: Among the greenest and most technologically advanced workspaces in Canada In calendar 2022,CG willberelocatingourTorontoofficetothe Belowaresomeofthefeaturesthatwillhelpwhileadvanceour 32-story Bay-Adelaide NorthTower. Still under construction, this priority of reducing environmental impactfromourfacilitiesand brand-newmodernofficebuildingwillbeamongthegreenestand operations. mosttechnologically advanced workspaces in Canada. • TargetingLEEDPlatinumcertification,thehighestlevel Withover50%ofbuildingmaterialsconsistingofrecycledcontent, possible theournewofficewillbesustainablyconstructedandoutfitted • Water-efficient plumbing fixtures and reusing collected withcuttingedgetechnologytoprovideadynamicenvironment stormwater toreducewaterconsumption;expectedtosave that will better support our collaboration and workflow well into the over1.6millionlitresofpotablewatereveryyear future. • Acombinationofgreenroof/coolroof, withnativedrought- tolerant planting to be installed for over 75% of the roof area to reducetheheatisland • Daylightharvesting, high efficiency lighting fixtures and lighting controls • Building metering, including tenant metering to allow tenants to managetheirconsumptioneffectively • Efficient ventilation system that modulates basedonthe occupancyandCO2levels • HVACequipmentequippedwithMERV13filterstoimprovethe indoorairquality • 400bikestallsandchangeroomswithshowerfacilitiesand lockers Locatedashortwalkfromthreecentralsubwaystations,this • Undergroundparkingwithdesignatedecozonespacesfor newspacewillprovideconvenientaccessforouremployeesand electric, hybrid and car-pool vehicles clients, and provide amultitudeof lowimpacttransportation • EnhancedLifeSafetysecurityfeaturesthroughoutthe options complex SDG: 03: GoodHealth&Well-Being

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      RESPECTOURPLANET:ADVANCINGTHECG CLIENTOFFERING Supporting CG clients in accelerating their ESG priorities Ascompaniesandinvestorsstrivetobuildamoresustainablefuture,impactinvestingstrategieshave advancedtotheforefrontofglobalbusinesspriorities. Consistentwithourcommitmenttoservingthedynamicgrowthsectors CGGlobalSustainability Practice of the global economy, CanaccordGenuityhas hadalong-standing InvestmentBanking& AdvisoryRevenuebyRegion commitmenttosupportinginnovatorsandinvestorswhoare focusedon YTDFiscal2022,9monthsendedDecember31 positively impacting the planet. In recent years, we have redeployed investment from our capital markets As sustainability themes increasingly intersect with Energy practicetowardsgrowingourSustainabilitypractice,toensure ourcorefocussectors,we that wecanprovidemarket-leadingresourcesandexpertiseintheareas haveadvancedourcapital that help companies and investors advance their sustainability objectives. marketscapabilities in all Ourcapital marketsandwealthmanagementbusinessesinCalgaryhave geographies to support the evolvedour offering to support innovators in the transition to net-zero. uniqueneedsofgrowth Additionally, CG’s global mining practice has been at the forefront of companies. supportinggrowthofthesustainablematerialsandmineralssegments. In our wealth managementdivision,weofferarangeofmanagedESG CGWMESGPortfolios portfolios, designed to provide our clients with access to sustainable Annualnetinflows investmentsolutions, while working towards their long-term investment CalendaryearsendedDecember31 objectives. We actively supportourclientsincapitalmarketsandwealth Since launching our ESG managementwithrobustthoughtleadershipand researchofferings,in portfolios in 2018, we have addition to timely and thematic conferences withthegoal of keeping seenpositive annual inflows, and growing participation clients up to date on the latest developments andsupportingthemin fromlargerinstitutional makingdecisions that benefit more than the bottom line. investors, including trustees andcharities.

      ESG Report | Canaccord Genuity - Page 21

      ADVANCINGTHECG CLIENTOFFERING CGCapital Markets: Global Sustainability Practice OurintegratedCGGlobalSustainability practicebringstogetherglobalresourcesandexpertise CG’s GlobalSustainability practice tosupportcompaniesandinvestorsinachievingtheirsustainabilityobjectives. hascompletedover We believethatwecancontributetoclimatesolutionsby FromSmartCities,ConnectedLighting& Controls,Energy-Efficient providing access to capital and advice which supports innovators Buildings, Distributed Generation, Micro-Grids and Energy Storage, $17billion andinvestorswiththetransitiontoalow-carbonworld.CG Transportation Technologies, Water to Resource Scarcity and Sustainability teamsareabletoengagewithclientsinourcore WasteManagement,weareseeingthatoverallenergyisgenerated, In ECMandAdvisorydealssince2011 sectorsandgeographiestohighlightESGopportunitiesacrossthe procured,managed,measuredanddeployedinnovelways.Itisalso spectrum. being‘digitized’, enabling the creation of new businesses, models and technologies. Ourefforts are complementedbytimelyandthematicresearch, OurdedicatedSustainabilityinvestmentbankingteamprovidesidea- conferencesand dedicatedsalessupport. driven M&A&FinancialAdvisory,EquityCapitalMarkets,DebtAdvisory CGSUSTAINABILITYPRACTICE KEYFOCUS &RestructuringandFinancialSponsorsserviceswhicharetailoredto AREAS helpingourclientsachievetheirstrategicandfinancialgoals. Building Energy Smart Mobility & Technology Management Grid Electrification In 2021, wecreated,sponsoredandraisedover $200Mfor EnvironmentalImpactAcquisition Corporation(ENVI),aSustainability focused Connected Water& Renewable Agriculture $1.2billion SPACwithamission-centricapproach,a FinancialAdvisor Lighting Bioresources Energy Technology onsaleto high-quality Independent Board of Directors andnotableIPOinvestors(Adage,Fidelity, Therearemanytechnologytransitionsunderwaywiththesmart Pending Wellington) grid evolution to more distributed generation, electrification of everything, promoting healthy buildings and workplaces, emergenceofhydrogenandotheremissionfreefuels,importance of specialty materials, metals and components, and the investment in infrastructure which addresses climate change and reduces carbon. SDG: 03:GoodHealthandWell-Being | 07: Affordable and Clean Energy

      ADVANCINGTHECG CLIENTOFFERING CGWealth Management: ESG Investment Offering CanaccordGenuityWealthManagement’sESGPortfolioManagementservice, allowsclientstoaligninvestmentsmorecloselywiththeirvalues. HOWOURESGPORTFOLIOMANAGEMENT All of the CGWMESGportfoliosaredesignedtowork SERVICEWORKSFOROURCLIENTS: overatypicalinvestmentcycleof7-10years, All of our ESG (environmental, social and Investments in each portfolio benefit from the governance) portfolios allow clients to take a best of our thinking and long-term investment responsible approach to investing without sacrificing managementexperience. performance.Theyallowclientstoinvestinfunds that work towards makingtheworldabetter place, whilealsodoingourbestfortheirlong-termfinancial security. Portfolios are designed to meet arangeof objectives andattitudes towardinvestmentrisk: • Cautious Balanced ESG portfolio aims for CanaccordGenuityWealthManagement abalance between capital appreciation and is aproudsignatory totheUN-supported HOWWE SELECTFUNDSFOROURCLIENTS’ESGPORTFOLIOS reducedvolatility Principles for Responsible Investment • Balanced ESG portfolio aims to produce a (PRI), joining acommunityof over2,700 balance between capital appreciation and companiesaroundtheworldthathave Wewill Wewill beactive Wewill seek Wewill promote Wewill eachreport income incorporate ESG owners and appropriate acceptance and Wewill work onouractivities publicly demonstrated their commitment to issues into invest- incorporate ESG disclosure on ESG implementationof the togethertoenhance andprogresstowards • Growth ESG portfolio aims to provide capital responsible investment. ment analysis and issues into our issuesbytheentities Principles within the our effectiveness in implementing the appreciation decision-making ownership policies in which we invest investmentindustry implementing the Principles processes andpractices Principles SASB: IncorporationofESGintoInvestmentManagement&Advisory SDG: 07: Affordable and Clean Energy

      MOREINFORMATIONISAVAILABLEAT www.cgf.com/investor-relations