Dividend History

2022

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

November 8, 2022

December 15, 2022

December 30, 2022

$0.330

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

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

November 8, 2022

December 15, 2022

December 30, 2022

$0.373063

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

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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