TORONTO — January 31, 2024 — Beutel, Goodman & Company Ltd. (“Beutel Goodman”) wishes Pat Palozzi, formerly Vice President and Portfolio Manager, Canadian Equities, well as he officially retires from the company, effective January 31, 2024.

As previously announced in January 2023, Vim Thasan, Vice President, Canadian Equities, will join James Black, Vice President, Canadian Equities & Director of Equities Research, as co-lead portfolio manager of the Canadian equity strategies. Vim will also assume co-lead portfolio manager responsibilities of the North American equity strategy alongside Glenn Fortin, Vice President, U.S. and International Equities.

We would like to thank Pat for his significant contributions to Beutel Goodman for almost two decades. Moving forward, we are confident the Canadian Equities team is well-positioned to continue to create long-term wealth for our clients.

About Beutel, Goodman & Company Ltd.

Beutel, Goodman & Company Ltd. is a privately owned, independent Canadian investment manager with $47.3 billion in assets under management as at December 31, 2023. For more than 50 years, we have been dedicated to helping our institutional, private wealth and retail clients achieve their long-term investment goals. As value investors, high-conviction ideas and a focus on capital preservation are the cornerstones of our disciplined research process. For more information about Beutel Goodman and our actively managed portfolios, visit www.beutelgoodman.com.

Clients seeking further information may contact their appointed relationship manager. For all other inquiries:

David Keelaghan
Content & Communications Manager
Beutel, Goodman & Company Ltd.
[email protected]
416-480-6477 ext. 477