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DESJARDINS ANNOUNCES CHANGES TO THE RISK RATING OF SOME DESJARDINS ETFS

Desjardins Investment Inc. (DI), acting as manager for Desjardins exchange-traded funds (ETFs), has made changes to the risk rating of the Desjardins ETFs indicated in the attached table.

The risk rating of these Desjardins ETFs is adjusted, effective immediately, as detailed in the attached table.

The risk rating of these Desjardins ETFs is adjusted following a risk assessment conducted by DI in accordance with the standardized risk classification methodology, set out in Regulation 81-102, Investment Funds. The methodology is based on the historical volatility of the ETF, as measured by the 10-year standard deviation of the returns of the ETF. If an ETF has less than 10 years of performance history, DI calculates the investment risk level of the ETF using the return history of the ETF and, for the remainder of the 10-year period, the return history of a reference index that reasonably approximates the standard deviation of the ETF.

Please note that these Desjardins ETFs investment objectives and strategies remain unchanged.

For information about Desjardins ETFs, visit the manager's website.

About Desjardins Group

Desjardins Group is the largest financial co-operative in Canada and the eighth largest in the world, with assets of $510.2-billion as at Dec. 31, 2025. Desjardins has been named one of the top employers in Canada by both Forbes magazine and Mediacorp. The Banker magazine also named it Canada's 2025 Bank of the Year. The organization relies on more than 57,500 skilled employees to meet the diverse needs of its individual and business members and clients. It offers a full range of products and services through its extensive distribution network, its on-line platforms and its subsidiaries across Canada. In addition to being ranked among the world's strongest banks according to The Banker magazine, Desjardins has one of the highest capital ratios and one of the highest credit ratings in the industry.

About Desjardins Investments Inc.

Desjardins Investments, manager of Desjardins funds and Desjardins ETFs, is one of Canada's largest investment fund managers, with $55.8-billion under management as at Dec. 31, 2025. Desjardins Investments offers a wide range of investment funds to Canadian investors and stands out in the industry for its choice of world-class portfolio managers representing more than 20 portfolio management companies around the world. Desjardins Investments is also one of the biggest proponents of responsible investment in Canada.

Desjardins ETFs are not guaranteed, their value fluctuates frequently and their past performance is not indicative of their future returns. Commissions, management fees and expenses all may be associated with an investment in exchange-traded funds. Please read the prospectus before investing. Desjardins Investment is the manager of the Desjardins ETFs. The Desjardins ETFs are offered by registered dealers.