DEFINITY FINANCIAL CORPORATION ADDED TO S&P/TSX COMPOSITE INDEX

Canada NewsWire

WATERLOO, ON , June 6, 2022 /CNW/ - Definity Financial Corporation ("Definity") (TSX: DFY) today announced that S&P Dow Jones Canadian Index Services has confirmed that Definity's common shares will be added to the S&P/TSX Composite Index, the headline index and principal benchmark for the Canadian equity markets.

"We are very pleased to be included in the S&P/TSX Composite Index in our first year as a publicly traded company. This inclusion has the potential to enhance market visibility and help further broaden our investor base," said Rowan Saunders , President and CEO, Definity. "I would like to take this opportunity to thank our investors for their support of our strategy. I would also like to congratulate all of our employees for helping us reach another important milestone."

Definity's common shares will also be added to the S&P/TSX Composite Dividend Index. All changes will be effective prior to market open on Monday, June 20, 2022 .

Definity Financial Corporation is the parent company to some of Canada's most long-standing and innovative multi-channel, property and casualty insurance companies and distributors, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Definity had over $3.3 billion in gross written premiums for the 12 months ended March 31, 2022 and over $7.5 billion in assets as at March 31 , 2022.

This news release contains "forward-looking information" within the meaning of applicable securities laws in Canada , which reflects Definity's current expectations regarding future events, including statements concerning the inclusion of Definity securities in certain investment indices. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Definity's control. Results could differ materially from those projected herein. Definity does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws.

SOURCE Definity Financial Corporation

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