An anonymous director reports

FIDELITY INVESTMENTS CANADA ULC ANNOUNCES ESTIMATED 2021 ANNUAL REINVESTED CAPITAL GAINS DISTRIBUTIONS FOR FIDELITY ETFS

Fidelity Investments Canada ULC today estimated its 2021 annual reinvested capital gains distributions for Fidelity's suite of ETFs (exchange-traded funds). Please note that these are estimated amounts only as of Dec. 20, 2021, and could change if the Fidelity ETFs experience subscriptions or redemptions prior to the ex dividend date or may change for other unforeseen reasons.

These estimates are for the annual capital gains distributions only, which will be reinvested, and the resulting units immediately consolidated, so that the number of units held by each investor will not change. These estimates do not include estimates of continuing periodic cash distribution amounts, which are reported separately.

The company expects to announce the annual reinvested distribution amounts on or about Dec. 24, 2021. The ex dividend date for the 2021 annual distributions will be Dec. 24, 2021. The record date for the 2021 annual distributions will be Dec. 29, 2021, and those distributions will be payable on Dec. 31, 2021.

The actual taxable amounts of reinvested and cash distributions for 2021, including the tax characteristics of the distributions, will be reported to the brokers through CDS Clearing and Depository Services Inc. in early 2022.

About Fidelity Investments Canada ULC

At Fidelity, the company's mission is to build a better future for Canadian investors and help them stay ahead. Fidelity offers investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals.

As a privately owned company, its people and world-class resources are committed to doing what is right for investors and their long-term success. Its clients have entrusted it with $206-billion in assets under management (as at Dec. 15, 2021) and they include individuals, financial advisers, pension plans, endowments, foundations and more.

The company is proud to provide investors a full range of investment solutions through mutual funds and exchange-traded funds, including domestic, international and global equity, income-oriented strategies, asset allocation solutions, managed portfolios, sustainable investing, and its high-net-worth program. Fidelity funds are available through a number of advice-based distribution channels including financial planners, investment dealers, banks and insurance companies.

We seek Safe Harbor.