Dividend History

Dividends and dates subject to approval and declaration by the Board of Directors:

EQB Inc. Common Shares (TSX: EQB)
Declaration Date Record Date Payment Date Amount Per Share

August 9, 2022

September 15, 2022

September 30, 2022

$0.310

May 10, 2022

June 15, 2022

June 30, 2022

$0.290

February 7, 2022

March 15, 2022

March 31, 2022

$0.280

November 2, 2021

December 15, 2021

December 31, 2021

$0.185

July 28, 2021

September 15, 2021

September 30, 2021

$0.185

May 4, 2021

June 15, 2021

June 30, 2021

$0.185

February 22, 2021

March 15, 2021

March 31, 2021

$0.185

November 3, 2020

December 15, 2020

December 31, 2020

$0.185

July 28, 2020

September 15, 2020

September 30, 2020

$0.185

May 13, 2020

June 15, 2020

June 30, 2020

$0.185

February 24, 2020

March 13, 2020

March 27, 2020

$0.185

November 5, 2019

December 13, 2019

December 31, 2019

$0.175

July 30, 2019

September 13, 2019

September 30, 2019

$0.165

May 9, 2019

June 14, 2019

June 28, 2019

$0.155

February 28, 2019

March 15, 2019

March 29, 2019

$0.150

November 8, 2018

December 14, 2018

January 3, 2019

$0.140

August 9, 2018

September 14, 2018

October 4, 2018

$0.135

May 10, 2018

June 15, 2018

July 5, 2018

$0.135

February 28, 2018

March 15, 2018

April 5, 2018

$0.130

November 9, 2017

December 15, 2017

January 4, 2018

$0.125

August 10, 2017

September 15, 2017

October 5, 2017

$0.120

May 1, 2017

June 15, 2017

July 6, 2017

$0.115

February 16, 2017

March 10, 2017

April 6, 2017

$0.115

November 10, 2016

December 15, 2016

January 5, 2017

$0.110

August 11, 2016

September 15, 2016

October 3, 2016

$0.105

May 12, 2016

June 15, 2016

July 7, 2016

$0.105

February 29, 2016

March 11, 2016

April 7, 2016

$0.100

EQB Inc. Series 3 Preferred Shares (TSX: EQB.PR.C)
Declaration Date Record Date Payment Date Amount Per Share

August 9, 2022

September 15, 2022

September 30, 2022

$0.373063

May 10, 2022

June 15, 2022

June 30, 2022

$0.373063

February 7, 2022

March 15, 2022

March 31, 2022

$0.373063

November 2, 2021

December 15, 2021

December 31, 2021

$0.373063

July 28, 2021

September 15, 2021

September 30, 2021

$0.373063

May 4, 2021

June 15, 2021

June 30, 2021

$0.373063

February 22, 2021

March 15, 2021

March 31, 2021

$0.373063

November 3, 2020

December 15, 2020

December 31, 2020

$0.373063

July 28, 2020

September 15, 2020

September 30, 2020

$0.373063

May 13, 2020

June 15, 2020

June 30, 2020

$0.373063

July 28, 2020

September 15, 2020

September 30, 2020

$0.373063

February 24, 2020

March 13, 2020

March 27, 2020

$0.373063

November 5, 2019

December 13, 2019

December 31, 2019

$0.373063

July 30, 2019

September 13, 2019

September 30, 2019

$0.396875

May 9, 2019

June 14, 2019

June 28, 2019

$0.396875

February 28, 2019

March 15, 2019

March 29, 2019

$0.396875

November 8, 2018

December 14, 2018

December 31, 2018

$0.396875

August 9, 2018

September 14, 2018

September 28, 2018

$0.396875

May 10, 2018

June 15, 2018

June 30, 2018

$0.396875

February 28, 2018

March 15, 2018

March 31, 2018

$0.396875

November 9, 2017

December 15, 2017

December 30, 2017

$0.396875

August 10, 2017

September 15, 2017

September 30, 2017

$0.396875

May 1, 2017

June 15, 2017

June 30, 2017

$0.396875

February 16, 2017

March 10, 2017

March 31, 2017

$0.396875

November 10, 2016

December 15, 2016

December 30, 2016

$0.396875

August 11, 2016

September 15, 2016

September 30, 2016

$0.396875

May 12, 2016

June 15, 2016

June 30, 2016

$0.396875

February 29, 2016

March 11, 2016

March 31, 2016

$0.396875

Designation of Eligible Dividends

EQB Inc., for the purposes of the Income Tax Act (Canada), and any similar provincial and territorial tax legislation, advises that all of its dividends paid to Canadian residents on common or preferred shares in 2006 are eligible dividends and all dividends paid thereafter will be eligible dividends unless indicated otherwise.

Dividend Restrictions

EQB Inc. is prohibited by the Business Corporations Act (Ontario) from declaring dividends on its preferred or common shares if there are reasonable grounds for believing that (a) EQB Inc. is, or the payment would cause EQB Inc. to be, unable to pay its liabilities as they become due, or (b)  the realizable value of EQB Inc.’s assets would thereby be less than the aggregate of, (i) its liabilities, and (ii) its stated capital of all classes. EQB Inc. does not anticipate that this condition will restrict it from paying dividends in the normal course of business.

Dividend Reinvestment Plan

On February 7, 2022, the Bank’s Board of Directors reinstated Equitable’s common share Dividend Reinvestment Plan (DRIP). Participation in the plan is optional under the terms of the plan. Shareholders may elect to reinvest their cash dividends to purchase additional common shares at a 2% discount to the volume weighted average trading price of the common shares on the TSX for the five trading days immediately preceding the dividend payment date. Common shares issued through the DRIP are from the Bank’s treasury. The Bank maintains the right to suspend the DRIP in future periods.

For any questions regarding the Plan, please contact Equitable’s Plan agent at:

Computershare Trust Company of Canada
100 University Avenue, 8th Floor, North Tower
Toronto, ON  M5J 2Y1
Attention:  Dividend Reinvestment Department
Or the National Contact Centre at:
Tel:  1-800-564-6253

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