Common Contracts

UNDERWRITING AGREEMENT

Underwriting Agreement • March 27th, 2021 • Ontario

• Contract Type
  Underwriting Agreement
• Filed
  March 27th, 2021
• Jurisdiction
  Ontario

CIBC World Markets Inc. (“CIBC”) and National Bank Financial Inc. (“NBF”, and together with CIBC, the “Lead Underwriters” and each a “Lead Underwriter”) and TD Securities Inc., BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., Scotia Capital Inc., Barclays Capital Canada Inc. and Casgrain & Company Limited (collectively with the Lead Underwriters, the “Underwriters”, and each individually, an “Underwriter”), understand that Intact Financial Corporation (the “Corporation”), a corporation incorporated under the laws of Canada, proposes, upon the terms and subject to the conditions contained herein, to create, issue and sell to the Underwriters $250 million aggregate principal amount of 4.125% Fixed-to-Fixed Rate Subordinated Notes, Series 1 due March 31, 2081 (the “Notes”).