Mr. Keith Crone reports

EVOLVE ANNOUNCES INCREASED DISTRIBUTIONS FOR BANK AND SIXY

Evolve Funds Group Inc. has increased the distribution amounts per unit for the Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund, and Evolve Big Six Canadian Banks UltraYield Index ETF, as indicated in the attached tables.

The distribution for Evolve Canadian Banks will increase to 15.200 cents per unit from 13.200 cents per unit, an increase of approximately 15 per cent. The distribution for Evolve Big Six Canadian Banks will increase to 27.000 cents per unit from 21.000 cents per unit, an increase of approximately 29 per cent.

The ex dividend date and record date for the distribution of Evolve Canadian Banks is anticipated to be July 31, 2026. Unitholders of Evolve Canadian Banks on the record date will receive cash distributions payable on or about Aug. 10, 2026.

The ex dividend dates and record dates for the distributions of Evolve Big Six Canadian Banks are anticipated to be July 31, 2026, and Aug. 14, 2026. Unitholders of Evolve Big Six Canadian Banks on the record dates will receive cash distributions payable on or about Aug. 10, 2026, and Aug. 21, 2026, respectively.

Distributions for the funds will vary from period to period. For further information regarding the distributions, please visit Evolve Funds Group's website.

Commissions, management fees and expenses all may be associated with exchange-traded funds (ETFs) and mutual funds. ETFs and mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated. There are risks involved with investing in ETFs and mutual funds. Please read the prospectus for a complete description of risks relevant to ETFs and mutual funds. Investors may incur customary brokerage commissions in buying or selling ETF and mutual fund units. Please read the prospectus before investing.

About Evolve Funds Group Inc.

With over $9-billion in assets under management, Evolve specializes in bringing innovative ETFs to Canadian investors. Evolve's suite of ETFs provide investors with access to: (i) index-based income strategies; (ii) long-term investment themes; and (iii) some of the world's leading investment managers. Established by a team of industry veterans with a demonstrated ability to succeed, Evolve creates investment products that make a difference.