Canadian Gen. Regulatory News (CGI)

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX: CGI

LONDON STOCK EXCHANGE: CGI

March 5, 2025

Canadian General Investments: Investment Update - Unaudited

TORONTO, CANADA - Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at February 28, 2025 was $67.92 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -1.6% and 15.1%, respectively. These compare with the 3.1% and 22.5% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.

The Company employs a leveraging strategy, by way of bank borrowing, with the intent to enhance returns to common shareholders. As at February 28, 2025, the leverage represented 14.1% of CGI's net assets, up from 13.8% at the end of 2024 and 14.0% at February 29, 2024.

The closing price for CGI's common shares at February 28, 2025 was $38.10, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -5.2% and 6.0%, respectively.

The sector weightings of CGI's investment portfolio at market as of February 28, 2025 were as follows:

The top ten investments which comprised 36.7% of the investment portfolio at market as of February 28, 2025 were as follows:

FOR FURTHER INFORMATION PLEASE CONTACT:

Jonathan A. Morgan

President & CEO

Phone: (416) 366-2931

Fax: (416) 366-2729

e-mail: cgifund@mmainvestments.com

website: www.canadiangeneralinvestments.ca