Natixis Investment Managers and Fiera Capital Form Strategic Partnership

Fiera Capital Corporation (“Fiera Capital”) (TSX: FSZ) and Natixis Investment Managers (“Natixis”) entered into a long-term strategic partnership, pursuant to which (i) Natixis acquired 10.68 million Class A subordinate voting shares of Fiera Capital (“Fiera Class A Shares”) from a wholly-owned subsidiary of National Bank of Canada (“NBC”), and from DJM Capital Inc., for a total consideration of C$128.16 million; (ii) Natixis and Fiera Capital entered into a long-term distribution agreement; and (iii) Natixis and Fiera Capital entered into a purchase agreement whereby Fiera Capital will acquire Natixis’ Canadian operations. Fiera Capital also concurrently repurchased for cancellation 2.45 million Fiera Class A Shares from a wholly-owned subsidiary of NBC for a total consideration of C$29.40 million.

Fasken Martineau DuMoulin LLP acted for Fiera Capital with a legal team that included Gabriel Castiglio, Constantinos Ragas, Élise Renaud, François Brais, Sandro Muzzo, Alexandre Morin and Mariève Barcelo Després.

Norton Rose Fulbright Canada LLP acted for Natixis with a legal team that included Paul Raymond, Andrew Grossman, David Crandall , Renée Loiselle, Michael Bunn, Michael Viner and Alexandra Persaud.

McCarthy Tétrault LLP acted for NBC with a legal team that included Sonia J. Struthers and Patrick Boucher.

Stikeman Elliott LLP acted for Fiera Capital LP with a legal team that included Guy Masson, David Massé, Franco Gadoury, Antoine Champagne and Maria Sollazzo.