Common Contracts

UNDERWRITING AGREEMENT

Underwriting Agreement • December 3rd, 2020 • Ontario

• Contract Type
  Underwriting Agreement
• Filed
  December 3rd, 2020
• Jurisdiction
  Ontario

In furtherance of a letter agreement dated November 12, 2020 among CIBC World Markets Inc. (“CIBC”) and Barclays Capital Canada Inc. (“Barclays”, and together with CIBC, the “Lead Underwriters” and each a “Lead Underwriter”) and Intact Financial Corporation, a corporation incorporated under the laws of Canada (the “Corporation”), the Lead Underwriters, together with BMO Nesbitt Burns Inc., National Bank Financial Inc., TD Securities Inc., RBC Dominion Securities Inc., Scotia Capital Inc., Cormark Securities Inc., Desjardins Securities Inc., HSBC Securities (Canada) Inc., JP Morgan Securities Canada Inc., Raymond James Ltd. and UBS Securities Canada Inc. (collectively with the Lead Underwriters, the “Underwriters” and each an “Underwriter”), understand that the Corporation desires to issue and sell, on a “bought deal” private placement basis, to the Underwriters 9,272,000 subscription receipts of the Corporation (the “Subscription Receipts”), which Subscription Receipts will have the ma