Ms. Amanda Marchment reports

AGF INVESTMENTS ANNOUNCES RESULTS OF SPECIAL MEETING OF SECURITYHOLDERS OF AGF GLOBAL SUSTAINABLE GROWTH EQUITY ETF

Following a special meeting, AGF Management Ltd.'s AGF Investments Inc. securityholders have approved changes to the investment objective of AGF Global Sustainable Growth Equity ETF.

As previously announced, once implemented, the exchange-traded fund will transition from a broadly focused global sustainable equity mandate to a more targeted energy transition and climate adaptation strategy. This repositioning better aligns the ETF's investment approach with evolving market opportunities and investor demand, while providing more differentiated exposure to companies that are directly contributing to the reduction of environmental impact and the development of solutions supporting the transition to a lower-carbon economy.

The new investment objective is anticipated to be implemented on or about Aug. 19, 2026, and the following additional changes will be made to the ETF concurrent with the change to the investment objective:

• Investment strategies updated to align with the new investment objective;
• Updated risk factors to reflect the change in investment objective and investment strategies;
• Name change to AGF Energy Transition and Adaptation ETF, to reflect the ETF's new investment objective;
• Ticker symbol change to ATAP to better reflect the ETF's new name;
• Risk rating change from medium to high; and
• Updated reference indices for determining the risk rating of the ETF.

AGF Investments intends to file an amendment to the prospectus of the ETF on July 30, 2026, to implement the investment objective change and other ancillary changes described in the information circular, with such changes to become effective on or about Aug. 19, 2026. As a result of the objective change, the ETF will be removed from the list of environmental, social and governance focused ETFs, reflecting the ETF's revised investment objective and strategy. As a result, the ETF will no longer employ an ESG focused investment strategy as a defining feature of its investment process.

The prospectus amendment will also change the risk rating of the ETF from medium to high. In addition, the prospectus amendment will provide that the S&P Global Clean Energy Transition Index will be used as the reference index for the period prior to March 1, 2023, and the Solactive U.S. Energy Transition and Adaptation Opportunities Index will be used as the reference index after March 1, 2023. The risk rating and reference index changes will also become effective on or about Aug. 19, 2026.

This information is not intended to provide legal, accounting, tax, investment, financial or other advice, and should not be relied upon for providing such advice. Commissions, management fees and expenses all may be associated with an investment in exchange-traded funds. Please read the prospectus or relevant ETF facts before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Units of ETFs are bought and sold at market price on a stock exchange, and brokerage commissions will reduce returns.

About AGF Management Ltd.

Founded in 1957, AGF Management is an independent and globally diverse asset management firm. Its companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth.

AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm's collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisers and their clients to high-net-worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With over $76-billion in total assets under management and fee-earning assets, AGF serves more than 820,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.