Mr. Louis Ribieras reports

HAMILTON ETFS ANNOUNCES ESTIMATED 2024 NON-CASH DISTRIBUTIONS

Hamilton Capital Partners Inc. today estimated the non-cash distributions for the 2024 tax year for holders of certain of its exchange-traded funds (ETFs). Those ETFs managed by Hamilton ETFs that are not included in the attached table are not expected to have non-cash distributions for the 2024 tax year.

Please note that these are estimates only. Circumstances may arise that could cause these estimates to change before the ETFs' applicable tax year-ends on Dec. 15, 2024.

ETFs are required to distribute any net income and capital gains earned in the year. The distributions labeled as estimated annual non-cash distributions per unit in the attached table will not be paid in cash, but will be automatically reinvested in additional units of the respective ETFs and immediately consolidated so that the number of units held by the unitholder and the net asset value of the ETFs will not change. The non-cash distributions will be reported as taxable distributions and will be used to increase each unitholder's adjusted cost base for the respective ETF.

The estimated amounts shown in the attached table do not include any estimates of the regular monthly or quarterly cash distributions. Hamilton Capital expects to announce the updated estimates of the non-cash distributions, as well as regular monthly and quarterly cash distribution amounts, on or about Dec. 20, 2024. The ex dividend date for all of these distributions (cash and non-cash) is anticipated to be Dec. 31, 2024, for all unitholders of record on Dec. 31, 2024. In early 2025, the tax characteristics of all 2024 distributions will be reported to brokers via CDS.

About Hamilton Capital Partners Inc.

With approximately $7-billion in assets under management, Hamilton Capital is one of Canada's fastest-growing ETF providers, offering a suite of innovative ETFs designed to maximize income and growth from trusted sectors in Canada and across the globe. The firm is also an active commentator on the global financial services sector and Canadian banks; the firm's most recent insights can be found on Hamilton Capital's website.

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