The Board of Directors of Andrew Peller Limited announced that it has approved a quarterly common share dividend of $0.0615 per Class A Share and $0.0535 per Class B Share to be paid on October 13, 2023 to shareholders of record on September 29, 2023. The Company has consistently paid common share dividends since 1979 and has increased dividends eight times over the last ten years, most recently in fiscal 2022. The Company currently designates all dividends paid as ?eligible dividends?

for purposes of the Income Tax Act (Canada) unless indicated otherwise.