TORONTO - Automotive Finco Corp. (NEX: AFCC-H) (the 'Company') is pleased to announce a cash dividend of $0.0171/common share ($0.205/common share on an annual basis) to be paid on February 28, 2022 to the shareholders of record as of January 31, 2022.

The dividend is an eligible dividend.

The declaration, amount and payment of future cash dividends are subject to the board of directors' continuing determination that the payment of dividends are in the best interests of the Company, its shareholders and are in compliance with all laws and agreements of the Company applicable to the declaration and payment of cash dividends.

About Automotive Finco Corp.

Automotive Finco Corp. is a finance company focused exclusively on the auto retail sector. In addition to its interest in Automotive Finance LP, the Company may also pursue other direct investments and financing opportunities across the auto retail sector.

Contact:

Shannon Penney

Tel: (905) 619-4996

Email: shannon.penney@rogers.com

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