Westaim Announces Details for Investor Day and Shareholders Meeting

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TORONTO — The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that it will host its Annual Investor Day on Thursday June 12, 2025 at 9:30 a.m. (Eastern Time) in-person at Vantage Venues, Inverness Room, 27th Floor, 150 King Street West, Toronto, ON, Canada M5H 1J9 and virtually via a live stream. The agenda will include a business overview and discussion with the management teams of Westaim, Arena, Ceres Life Insurance Company (“Ceres Life”) and CC Capital Partners, LLC, followed by a question-and-answer session. Those not available to attend in person will have an opportunity to submit questions in advance through registration. The presentation will be available on the Company’s website, www.westaim.com, after the Annual Investor Day and for at least 180 days thereafter.

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If you are interested in attending the Investor Day, please register at: REGISTER HERE.

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Westaim also announces that it will hold its annual and special meeting of shareholders (“AGM”) on Thursday June 12, 2025, at 9:00 a.m. (Eastern Time). The AGM will occur in-person at Vantage Venues, Inverness Room, 27^th Floor, 150 King Street West, Toronto, ON, Canada M5H 1J9. The Company will file its materials (the “Meeting Materials”) for the AGM, including a management information circular, under its profile on the System for Electronic Document Analysis and Retrieval + (SEDAR+) later this month.

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About Westaim

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Westaim is a U.S. investment firm specializing in providing long-term capital to businesses operating primarily within the global financial services industry. Westaim invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Westaim’s strategy is to pursue investment opportunities with a focus towards the financial services industry and grow shareholder value over the long term. Westaim’s investments include significant interests in Arena, the Arena FINCOs and Ceres Life. Arena and the Arena FINCOs are defined in the notes to Westaim’s audited consolidated financial statements for the year ended December 31, 2024 and 2023 and the related management discussion and analysis. Westaim’s common shares are listed on the TSX Venture Exchange (the “TSXV”) under the trading symbol “WED”.

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Cautionary Note and Forward-Looking Statements

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This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws (“forward-looking statements“), including with respect to timing of the Investor Day and AGM and the filing of the Meeting Materials on SEDAR+. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “project” and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions “may” or “will” occur. These statements are only predictions.

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Forward-looking statements are based on the opinions and estimates of management of Westaim at the date the statements are made based on information then available to Westaim. Various factors and assumptions are applied in drawing conclusions or making the forecasts or projections set out in forward-looking statements including past practice of the Company. Forward-looking statements are subject to and involve a number of known and unknown, variables, risks and uncertainties, many of which are beyond the control of Westaim, which may cause Westaim’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Such factors, among other things, include: regulatory rules and required approvals; and market disruption.

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No assurance can be given that the expectations reflected in forward-looking statements will prove to be correct. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. Additional information regarding risks and uncertainties relating to the Company’s business are contained under the heading “Risk Factors” in its annual information form for its fiscal year ended December 31, 2023 and in Westaim’s management information circular dated November 19, 2024 filed on the Company’s profile on SEDAR+ at www.sedarplus.ca.

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Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Contacts

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For more information, contact:
J. Cameron MacDonald, President and Chief Executive Officer or
Matthew Skurbe, Chief Financial Officer and Chief Risk Officer
The Westaim Corporation
[email protected]
(416) 969-3333

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