Mr. Arthur Galloway reports

PICTON MAHONEY ASSET MANAGEMENT ANNOUNCES MONTHLY DISTRIBUTION FOR PICTON LONG SHORT INCOME ALTERNATIVE FUND EXCHANGE TRADED FUND UNITS, PICTON CREDIT OPPORTUNITIES ALTERNATIVE FUND EXCHANGE TRADED FUND UNITS, PICTON CORE BOND

Picton Mahoney Asset Management (Picton Investments) has declared the July, 2026, monthly cash distribution of 5.62 cents per unit for the ETF (exchange-traded fund) units of the Picton Long Short Income Alternative Fund.

Picton Investments has declared the July, 2026, monthly cash distribution of 5.72 cents per unit for the ETF units of the Picton Credit Opportunities Alternative Fund.

Picton Investments has declared the July, 2026, monthly cash distribution of 3.20 cents per unit for the ETF units of the Picton Core Bond Fund.

Picton Investments has declared the July, 2026, monthly cash distribution of 4.04 cents per unit for the ETF units of the Picton Multi-Strategy Alpha Alternative Fund.

Picton Investments has declared the July, 2026, monthly cash distribution of 5.98 cents per unit for the ETF units of the Picton Investment Grade Alternative Fund.

Unitholders of record of the ETF units at the close of business on July 23, 2026, will receive a per-unit cash distribution payable on July 31, 2026.

About Picton Mahoney Asset Management (Picton Investments)

Picton Investments is a Canadian investment firm with $19.3-billion in assets under management (as at June 30, 2026), recognized for pioneering alternative investment strategies that challenge traditional thinking. Since 2004, Picton Investments has been helping advisors and investors rethink portfolio construction -- moving away from traditional models toward more resilient, diversified solutions. Leveraging deep expertise in quantitative research, fundamental analysis and authentic hedging strategies, Picton Investments champions a modern approach designed to deliver more consistent, risk-adjusted returns. Its philosophy is to "build from the bear up," embracing a bear mindset of resiliency, adaptability and strength to provide Canadians with greater certainty.