Mr. Murray Oxby reports

CI GLOBAL ASSET MANAGEMENT ANNOUNCES RISK RATING CHANGE FOR CI FLOATING RATE INCOME FUND

The risk rating of CI Floating Rate Income Fund has been changed to "low" from "low-to-medium," effective immediately. The change applies to all mutual fund series and the ETF C$ series (TSX: CFRT).

The risk rating change is based on the risk classification methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds, including ETFs (exchange-traded funds). CI GAM reviews the risk rating for each of the funds it manages at least on an annual basis, as well as when a fund undergoes a material change. This change is the result of continuing internal reviews and not the result of any changes to the investment objectives, strategies or management of the fund.

In addition, the fund's reference index has been changed to better align with its overall risk profile and asset mix. The new reference index is a blend of Morningstar LSTA U.S. Leveraged Loan 100 Index (CAD-Hedged) (50 per cent), ICE BofA 0-3 Year U.S. High Yield Index (CAD-Hedged) (25 per cent) and FTSE Canada Short Term Corporate Bond Index (25 per cent).

CI Floating Rate Income Fund has been recognized for outstanding performance, having received a 2025 FundGrade A+ Award in the Floating Rate Loan category.

About CI Global Asset Management

CI Global Asset Management (CI GAM) is one of Canada's leading investment management firms, providing a comprehensive suite of solutions -- including mutual funds, exchange-traded funds and alternative investments -- to help Canadians achieve their financial goals. Founded in 1965, CI GAM has built an enduring legacy of innovation, disciplined portfolio management and commitment to investor success. CI GAM partners with financial advisers, wealth management firms and institutions to serve more than 1.3 million investors. CI GAM is a subsidiary of Toronto-based CI Financial Corp., a diversified global asset and wealth management company.