Mr. Keith Crone reports

EVOLVE LAUNCHES ENHANCED YIELD BOND AND TECHNOLOGY ETFS

Evolve Enhanced Yield Bond Fund and Evolve Nasdaq Technology Enhanced Yield Index Fund have closed an initial offering of units and will begin trading on the Toronto Stock Exchange today under ticker symbols BOND and QQQY, respectively.

BOND will invest primarily in fixed income ETFs. Evolve has waived the management fee payable on the units of BOND from the date of the prospectus until March 31, 2024. BOND will provide investors with a low-cost fixed income solution that will seek to deliver attractive monthly income and long-term capital appreciation by utilizing an active covered call strategy.

QQQY seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted(TM) Index, or any successor thereto ("the Index"). The Index consists of a selection of securities in the Nasdaq-100 Index(TM) which must be classified as a "technology company" (i.e., any company classified under the "technology industry") according to the Industry Classification Benchmark (ICB). QQQY will provide investors with access to the Index while seeking to deliver attractive monthly income and long-term capital appreciation by utilizing an active covered call strategy.

To enhance yield, as well as mitigate risk and reduce volatility, the Funds will employ a covered call option writing program at the discretion of the Manager. The level of covered call option writing may vary based on market volatility and other factors.

About Evolve Funds Group Inc.

With over $7 billion in assets under management, Evolve is one of Canada's fastest growing ETF providers since launching its first ETF in September 2017. Evolve is a leader in thematic ETFs and specializes in bringing innovative ETFs to Canadian investors. Evolve's suite of ETFs provide investors with access to: (i) long term investment themes; (ii) index-based income strategies; and (iii) some of the world's leading investment managers. Established by a team of industry veterans with a proven track record of success, Evolve creates investment products that make a difference. For more information, please visit www.evolveetfs.com.