An anonymous director reports

DIVIDEND SELECT 15 CORP. AT-THE-MARKET EQUITY PROGRAM RENEWED

Dividend Select 15 Corp. has renewed its at-the-market equity program that allows the company to issue shares of the company to the public from time to time at the company's discretion, effective until Feb. 21, 2028, unless terminated prior to such date by the company. This program replaces the prior program established in December, 2023, that has terminated. Any equity shares sold in the ATM program will be sold through the Toronto Stock Exchange or any other marketplace in Canada on which the equity shares are listed, quoted or otherwise traded at the prevailing market price at the time of sale. Sales of equity shares through the ATM program will be made pursuant to the terms of an equity distribution agreement dated Jan. 21, 2026, with National Bank Financial Inc.

Sales of equity shares will be made by way of at-the-market distributions as defined in National Instrument 44-102 (Shelf Distributions) on the TSX or on any marketplace for the equity shares in Canada. Since the equity shares will be distributed at the prevailing market prices at the time of the sale, prices may vary among purchasers during the period of distribution. The ATM program is being offered pursuant to a prospectus supplement dated Jan. 21, 2026, to the company's short form base shelf prospectus dated Jan. 20, 2026. The maximum gross proceeds from the issuance of the shares will be $30-million. Copies of the prospectus supplement and the short form base shelf prospectus may be obtained from your registered financial adviser using the contact information for such adviser or from representatives of the agent, and are available on SEDAR+.

The volume and timing of distributions under the ATM program, if any, will be determined at the company's sole discretion. The company intends to use the proceeds from the ATM program in accordance with the investment objectives and investment strategies of the company, subject to the investment restrictions of the company.

The company invests in a portfolio of Canadian companies selected from the following company universe, which are among the highest Canadian dividend-yielding stocks.

We seek Safe Harbor.