Mr. Erik Sloane of Cboe Canada reports

CIBC EXPANDS CDR LINE-UP WITH 7 NEW CDR TICKERS ON CBOE CANADA

Cboe Canada Inc. is proud to welcome back CIBC for the listing of seven new Canadian depositary receipts. With today's launch, CIBC has expanded its existing CDR lineup to 54 blue-chip U.S. public companies.

Since their industry-leading launch in 2021, CDRs have attracted over $3.9-billion in assets under management, providing Canadian investors with streamlined access to U.S.-listed companies - in Canadian dollars. Offered at a fraction of the price per share of the underlying stock, and with a built-in notional currency hedge, CDRs give investors more affordable access to foreign stocks while mitigating the currency risk associated with cross-border investing.

The seven new CDRs are now trading on Cboe Canada under the following names and symbols:

BlackRock CDR (CAD Hedged)  BLK

Constellation Brands CDR (CAD Hedged)  STZ

Deere CDR (CAD Hedged)  DEER

lululemon CDR (CAD Hedged)  LULU

Palo Alto Networks CDR (CAD Hedged)  PANW

ServiceNow CDR (CAD Hedged)  NOWS

Thermo Fisher CDR (CAD Hedged)  TMO

"CDRs are a made-in-Canada success story demonstrating clear and continued investor interest as a result of the success of the existing lineup. Through CDRs, investors gain easy access to some of the largest companies in the world," commented Erik Sloane, chief revenue officer at Cboe Canada. "We are incredibly excited to continue the innovation and collaboration with CIBC as we work to meet the demands of Canadian investors."

The new tickers join 47 other popular U.S. stocks already trading as CDRs on Cboe Canada, including household names like Tesla, Nvidia, Google, Amazon and more.

"CDRs have seen strong growth since inception and we are excited to expand our offering based on continued investor demand," said Elliot Scherer, managing director and global head, wealth solutions group, CIBC Capital Markets. "With 54 CDRs now available, CIBC is making it easier for investors to gain exposure to global companies."

About Cboe Canada

Cboe Canada is Canada's Tier 1 stock exchange for the purpose-driven innovation economy, providing a best-in-class listing experience for issuers that are shaping the economies of tomorrow. Fully operational since 2015, Cboe Canada lists investment products and companies seeking an internationally recognized stock exchange that enables investor trust, quality liquidity and broad awareness including unfettered access to market data.