Mr. Richard Usher-Jones reports

LYSANDER ANNOUNCES CASH DISTRIBUTIONS FOR THE LYSANDER-CANSO ACTIVETFS

Lysander Funds Ltd. has declared the May, 2026, cash distributions for each of Lysander-Canso Corporate Treasury ActivETF and Lysander-Canso Floating Rate ActivETF. Unitholders of record of each exchange-traded fund at the close of business on the distribution record date will receive a cash distribution based on the number of units held in the amount indicated below, payable on or before the payment date.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on the Toronto Stock Exchange. If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of an ETF and may receive less than the current net asset value when selling them.