AIMIA DECLARES PREFERRED SHARE DIVIDENDS

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TORONTO, May 15, 2024 /CNW/ – Aimia Inc. (TSX: AIM) today announced that its Board of Directors have declared quarterly dividends on each series of its preferred shares:

  • A quarterly dividend in the amount of $0.300125 per Cumulative Rate Reset Preferred Share, Series 1

  • A quarterly dividend in the amount of $0.485813 per Cumulative Rate Reset Preferred Share, Series 3

  • A quarterly dividend in the amount of $0.570677 per Floating Dividend Rate Preferred Share, Series 4. The Floating Quarterly Dividend Rate will be reset every quarter.

In each case, dividends are payable on June 28, 2024 to the holders of record at the close of business on June 14, 2024.

Dividends paid by Aimia to Canadian residents on its preferred shares are “eligible dividends” for the purpose of the Income Tax Act (Canada) and any similar applicable provincial legislation.

About Aimia

Aimia Inc. (TSX: AIM) is a diversified company focused on unlocking the growth potential of its two global businesses, Bozzetto, a sustainable specialty chemicals company, and Cortland International, a rope and netting solutions company. Headquartered in Toronto, Aimia’s priorities include monetizing its non-core investments, returning capital to its shareholders, and efficiently utilizing its loss carry-forwards to create shareholder value. For more information about Aimia, visit www.aimia.com.

SOURCE Aimia Inc.

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