Mr. John Germain reports

MULVIHILL LAUNCHES MULVIHILL CANADIAN BANK ETF

Mulvihill Canadian Bank ETF has closed its initial public offering of ETF (exchange-traded fund) shares and the shares will begin trading today, June 23, 2026, on the Toronto Stock Exchange under the ticker symbol MBNK.

The investment objectives of the ETF are to provide the securityholders with long-term capital appreciation through exposure to a portfolio consisting principally of the common shares of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada and Toronto-Dominion Bank, and monthly cash distributions. The ETF is considered to be an alternative mutual fund under National Instrument 81-102, Investment Funds.

To generate additional income above the dividends earned on the equity securities included in its portfolio, the ETF may write covered call options and/or cash-covered put options on a portion of the securities in its portfolio.

About Mulvihill Capital Management Inc.

Mulvihill is a Canadian investment manager specializing in enhanced yield equity strategies. The firm was founded in 1995, making it one of the oldest and most experienced managers of option-related strategies in Canada. The current team of six portfolio managers at Mulvihill have over 150 years of industry experience. The firm services retail, high-net-worth and institutional clients through mutual funds, ETFs and separately managed accounts.