Mr. John Wilson reports

NINEPOINT PARTNERS BRINGS SPACEX ETF EXPOSURE TO CANADIAN INVESTORS WITH A 0% MANAGEMENT FEE UNTIL SEPTEMBER 30, 2026 (0.29% THEREAFTER)

Ninepoint Partners LP has launched Ninepoint SpaceX HighShares ETF (SXHI) on the Toronto Stock Exchange (TSX) today.

With an initial offering price of $10 per unit and a 0-per-cent management fee until Sept. 30, 2026 (0.29 per cent thereafter), Ninepoint SpaceX offers Canadian investors an accessible and convenient way to gain exposure to Space Exploration Technologies Corp. through their brokerage accounts or advisers, without having to purchase the underlying shares directly.

SpaceX has attracted significant investor interest through its leadership in reusable launch technology, its expanding Starlink satellite communications network and its growing role in the global space economy.

"For decades, some of the world's most transformative companies have remained private, putting their biggest growth opportunities out of reach for most investors," said Karl Cheong, CFA, executive vice-president and head of ETFs at Ninepoint Partners. "This launch changes that, giving Canadians a familiar and accessible way to invest in the commercialization of space through an ETF."

Ninepoint SpaceX ETF provides levered exposure to SpaceX and employs a professionally managed covered call strategy. The ETF may use cash borrowing of up to 33 per cent of its unlevered net asset value and write covered call options on up to 50 per cent of its SpaceX holdings, with the objective of providing investors with the potential for long-term capital appreciation and high monthly cash distributions.

Key benefits of the Ninepoint SpaceX HighShares ETF include:

• Low management fee: 0-per-cent management fees until Sept. 30, 2026, and 0.29 per cent thereafter;
• Higher monthly yield: designed to generate more income than simply holding the underlying stock alone;
• Tax-efficient distributions: paid in the form of Canadian eligible dividends, capital gains or return of capital, which are typically taxed more favourably than interest income.

The Ninepoint HighShares platform launched in 2025 with single-stock high-income ETFs focused on prominent Canadian companies and subsequently expanded to include United States single-stock HighShares ETFs. Ninepoint SpaceX ETF will extend the platform by providing Canadian investors with access to one of the world's most closely watched companies through a Canadian-listed ETF.

"This is the kind of product Ninepoint Partners was built to bring to market," said John Wilson, co-chief executive officer and managing partner at Ninepoint. "The Ninepoint HighShares platform has steadily expanded what a Canadian-listed ETF can offer, and SXHI is our boldest step yet, backed by the same disciplined, professionally managed approach behind every fund on the platform."

Ninepoint SpaceX HighShares ETF is DRIP eligible so investors can automatically reinvest payouts to grow their holdings over time.

About Ninepoint Partners LP

Based in Toronto, Ninepoint Partners is one of Canada's leading alternative investment management firms overseeing approximately $8.2-billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies spanning equities, fixed income, alternative income, real assets, F/X (foreign exchange) and digital assets.

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