Mr. John Germain reports

MULVIHILL LAUNCHES MULVIHILL SPLIT PREFERRED SHARE ETF AND MULVIHILL SPLIT CAPITAL SHARE ETF

The initial public offering of ETF (exchange-traded fund) shares of Mulvihill Split Preferred Share ETF (PFRD) and Mulvihill Split Capital Share ETF (ASHR) has closed and the shares of PFRD and ASHR will begin trading today, June 24, 2026, on the Toronto Stock Exchange (TSX) under the ticker symbols PFRD and ASHR, respectively.

The investment objectives of PFRD are to provide the securityholders with: (a) monthly distributions and (b) the opportunity for capital preservation through investment in a portfolio consisting primarily of preferred shares of Canadian split share corporations.

The investment objectives of ASHR are to provide the securityholders with (a) attractive monthly distributions and (b) the opportunity for capital appreciation through investment in a portfolio consisting primarily of capital shares and class A shares of Canadian split share corporations.

PFRD and ASHR are considered to be an alternative mutual fund under National Instrument 81-102 -- Investment Funds.

About Mulvihill Capital Management Inc.

Mulvihill is a Canadian investment manager specializing in enhanced yield equity strategies. The firm was founded in 1995, making it one of the oldest and most experienced managers of option-related strategies in Canada. The current team of six portfolio managers at Mulvihill have over 150 years of industry experience. The firm services retail, high-net-worth and institutional clients through mutual funds, ETFs and separately managed accounts.