Home Capital Announces Receipt of Unsolicited Non-Binding Expression of Interest That the Board Has Concluded Is Not in the Best Interests of the Company or Its Shareholders

Aug 15, 2022

Home Capital Group Inc. (TSX: HCG) (“Home Capital” or the “Company”) today announced that it has received an unsolicited, non-binding and conditional expression of interest (the “Non-Binding Expression of Interest”) from an arm’s-length third party (the “Third Party”) expressing an interest in acquiring all of the Company’s issued and outstanding common shares, which the Board of Directors of the Company (the “Board”) has reviewed and determined is not in the best interests of the Company or its shareholders.

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