Mr. Keith Crone reports

EVOLVE GLOBAL DEFENSE & AEROSPACE INDEX ETF BEGINS TRADING TODAY ON THE TORONTO STOCK EXCHANGE

The Evolve Global Defense & Aerospace Index ETF has closed its initial offering of units and begins trading today on the Toronto Stock Exchange. Canadian-dollar hedged exchange-traded-fund units of the Evolve fund trade under the ticker symbol CAMO, and Canadian-dollar unhedged ETF units trade under the ticker symbol CAMO.B.

"We are excited to launch CAMO, designed to give Canadian investors exposure to the global defence and aerospace industry," said Raj Lala, president and chief executive officer of Evolve ETFs. "Global military spending reached a record $2.89-trillion (U.S.) in 2025, and roughly two-thirds of it now sits outside the United States (1). CAMO offers investors targeted exposure to 30 of the largest defence and aerospace companies globally, with a deliberate 75-per-cent weighting to non-U.S. names (2)."

CAMO invests in a diversified basket of global defence and aerospace companies, weighted primarily outside of the United States that build the aircraft, weapon systems and military technology governments rely on. To achieve its investment objective, CAMO currently seeks to replicate the Solactive Global Leaders Defense & Aerospace Index, or any successor thereto.

(1) Source: SIPRI Military Expenditure Database, April, 2026, release.

(2) Solactive Global Leaders Defense & Aerospace Index, as at Aug. 19, 2026.

Evolve Funds Group Inc. is the investment fund manager and portfolio manager. Evolve Global Defense & Aerospace Index ETF is offered by Evolve Funds Group and distributed through authorized dealers.

Commissions, trailing commissions, management fees and expenses all may be associated with exchange-traded funds and mutual funds. Please read the prospectus before investing. ETFs and mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated. Investors may incur customary brokerage commissions in buying or selling ETF and mutual fund units. Investors should monitor their holdings, as frequently as daily, to ensure that they remain consistent with their investment strategies.

The information contained herein is a general description and is not intended to be specific investment advice to any particular investor nor intended to be investment or tax advice. You should not act or rely on the information contained herein without seeking the advice of an appropriate professional adviser.

We seek Safe Harbor.