Blocklisting - Interim Review

BLOCK LISTING SIX MONTHLY RETURN Date: 23 January 2013 Name of applicant: Canaccord Financial Inc. Name of scheme: (a) CSH Replacement ABED share scheme (b) CSH Replacement LTIP share scheme (c) Long Term Incentive Plan (LTIP) Period of return: From: 23 July 2012 To: 22 January 2013 Balance of unallotted securities under (a) 600,000 common shares scheme(s): (b) 600,000 common shares (c) 650,000 common shares Plus: The amount by which the block (a) 0 scheme(s) has been increased since the date of the last return (if any (b) 0 increase has been applied for): (c) 0 Less: Number of securities issued/ (a) (28,040) allotted under scheme(s) during period (see LR3.5.7G): (b) (52,196) (c) (292,001) Equals: Balance under scheme(s) not (a) 571,960 yet issued/allotted at end of period: (b) 547,804 (c) 357,999 Name of contact: Martin L. MacLachlan, Corporate Secretary Telephone number of contact: +1 (416) 867-6078