Mr. Robert Taylor reports

CANOE EIT INCOME FUND ANNOUNCES FEBRUARY 2026 MONTHLY DISTRIBUTION, QUARTERLY PREFERRED DISTRIBUTIONS AND AMENDMENT TO SPECIAL DISTRIBUTION

Canoe EIT Income Fund will pay its February, 2026, monthly distribution of 10 cents per unit. Additionally, the fund announces a quarterly distribution for preferred units. Cumulative redeemable Series 1 (EIT.PR.A) and Series 2 preferred (EIT.PR.B) unitholders will receive a distribution of 30 cents per unit. Unitholders of record on Feb. 23, 2026, will receive distributions payable on March 13, 2026. Holders of the fund's Series 3 preferred units will receive an initial partial distribution of 14.73 per unit, payable on March 16, 2026.

The fund also announces an amendment to its previously announced special distribution disclosed in a press release dated January 12, 2026. The special non-cash distribution payable to unitholders of record on Dec. 31, 2025, has been revised from 44.7 cents per unit to 54.5 cents per unit. The record date and payment date remain unchanged.

About Canoe EIT Income Fund

Canoe EIT Income Fund is one of Canada's largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high-quality securities. The fund is listed on the Toronto Stock Exchange under the symbol EIT.UN, and is actively managed by Robert Taylor, senior vice-president and chief investment officer, Canoe Financial.

About Canoe Financial

Canoe Financial is one of Canada's fastest growing independent mutual fund companies managing over $23.0-billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal.