Mr. Arthur Galloway reports

PICTON MAHONEY ASSET MANAGEMENT ANNOUNCES QUARTERLY DISTRIBUTION FOR PICTON INCOME FUND EXCHANGE TRADED FUND UNITS

Picton Mahoney Asset Management (Picton Investments) has declared the June, 2026, quarterly cash distribution of 11.78 cents per unit for the ETF (exchange-traded fund) units of the Picton Income Fund.

Unitholders of record of the ETF units, at the close of business on June 22, 2026, will receive a per-unit cash distribution payable on June 30, 2026.

About Picton Mahoney Asset Management (Picton Investments)

Picton Investments is a Canadian investment firm with $18.6-billion in assets under management (as at May 31, 2026), recognized for pioneering alternative investment strategies that challenge traditional thinking. Since 2004, Picton Investments has been helping advisers 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.