An anonymous director reports

BROMPTON LIFECO SPLIT CORP. ANNOUNCES CLASS A SHARE SPLIT AND AN INCREASE TO TOTAL DISTRIBUTIONS

Brompton Lifeco Split Corp. intends to complete a stock split of its Class A shares due to the fund's strong performance. Class A shareholders of record at the close of business on June 25, 2026 will receive 12 additional Class A shares for every 100 Class A shares held, pursuant to the share split. The share split is subject to the approval of the Toronto Stock Exchange.

Class A shareholders will continue to receive regular monthly cash distributions, targeted to be 7.5 cents per Class A share following the share split. As a result, the total dollar amount of distributions to be paid to Class A shareholders is expected to increase by approximately 12 per cent. The fund provides a distribution reinvestment plan, on a commission-free basis, for Class A shareholders who wish to reinvest distributions and realize the benefits of compound growth.

Over the last 10 years, the Class A shares have delivered a 22.8-per-cent-per-annum total return based on net asset value, significantly outperforming both the S&P/TSX Capped Financials Total Return Index by 7.6 per cent per annum and the S&P/TSX Composite Total Return Index by 10 per cent per annum. Since inception, Class A shareholders have received cash distributions of $10.46 per share.

Following the completion of the share split, the preferred shares of the fund are expected to have downside protection from a decline in the value of the fund's portfolio of approximately 53 per cent.

The Class A shares are expected to commence trading on an ex split basis at the opening of trading on June 25, 2026. No fractional Class A shares will be issued and the number of Class A shares each holder shall receive will be rounded down to the nearest whole number. The share split is a non-taxable event.

The fund invests in a portfolio of common shares of Canada's four largest publicly listed life insurance companies, on an approximately equally weighted basis: Great-West Lifeco Inc., iA Financial Corp. Inc., Manulife Financial Corp. and Sun Life Financial Inc.

We seek Safe Harbor.