National Bank of Canada's (TSX: NA) Board of Directors announces an increase of 4 cents per common share to $1.18 per common share for the quarter ending July 31, 2025. This dividend is payable on August 1, 2025, to common shareholders of record on June 30, 2025.

The Board of Directors also declares quarterly dividends on the following series of first preferred shares. The dividends of the series 30, 38, 40, and 42 first preferred shares are payable on August 15, 2025, to first preferred shareholders of record on July 7, 2025. As for the first preferred shares of series 47 and 49, these dividends are payable on July 31, 2025 to first preferred shareholders of record on July 24, 2025.

The above-mentioned dividends on the common and preferred shares are designated as eligible dividends for the purposes of the Income Tax Act (Canada) and any similar applicable provincial legislation.

Eligible shareholders may elect to have their cash dividend reinvested, free of charge, in common shares in accordance with the Bank's Dividend Reinvestment and Share Purchase Plan. For more information, please contact Computershare Trust Company of Canada at 1-888-838-1407. Beneficial or non-registered common and preferred shareholders must contact their financial institution or broker for instructions on how to participate in such Plan.

About National Bank of CanadaWith $536�billion in assets as at April 30, 2025, National Bank of Canada is one of Canada's six systemically important banks. The Bank has approximately 34,000 employees in knowledge-intensive positions and operates three business segments in Canada: Personal and Commercial Banking, Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at nbc.ca�or via social media.

SOURCE National Bank of Canada

SOURCE: National Bank of Canada

Information: Marianne Ratte, Vice President and Head, Investor Relations, National
Bank of Canada, investorrelations@nbc.ca; Jean-Francois Cadieux, Assistant Vice
President, Public Affairs, National Bank of Canada, jean-francois.cadieux@nbc.ca

COMTEX_465874193/2197/2025-05-28T06:31:00