Just Energy Group Inc.

CUSIP: 48212W101
ISIN: CA48213W1014

The Ontario Superior Court of Justice (the “Court”) has approved a Settlement Agreement between the Plaintiffs and the Defendant. The Settlement Agreement resolves this litigation in its entirety. 

All persons and entities (other than Excluded Persons), wherever they may reside or be domiciled, who:

acquired any Just Energy Securities during the Class Period and retained some or all of them at the close of trading on July 22, 2019, or August 14, 2019, other than Excluded Persons.

In the above definition:

“Class Period” means the period from May 16, 2018 to August 14, 2019 inclusive.

“Excluded Persons” means (i) the Defendant; (ii) Just Energy’s and Ernst & Young LLP’s past and present subsidiaries, affiliates, officers, directors, senior employees, partners, legal representatives, heirs, predecessors, successors and assigns; (iii) any member of the Individual Defendants’ immediate families; and (iv) any entity in which the Individual Defendants have a controlling interest.

“Securities” means (i) common shares, previously listed for trading on the TSX and NYSE under the symbol “JE”; and (ii) 8.50% Series A preferred shares, previously listed for trading on the TSX under the symbol “JE.PR.U” and on the NYSE under the symbol “JE.PR.A”.

(the “Class” or the “Class Members”)

For important information regarding the class action, to determine if you are a member of the Settlement Class, and to learn how to make a claim for compensation please visit the Claims Administrator’s website at www.justenergysettlement.com to view the Settlement Agreement and Distribution Protocol which were approved by Court Order dated November 5, 2025.

To be eligible to claim compensation from the settlement, Class Members must submit a Claim Form to the Claims Administrator, Verita Global, LLC no later than June 17, 2026.

For important information regarding the class action, to determine if you are a member of the Settlement Class, and to learn how to make a claim for compensation please visit the Documents page linked here.

You may also contact the Claims Administrator at:

Telephone: 1-866-644-0550
Email: info@justenergysettlement.com