An anonymous director reports

BIG BANC SPLIT CORP. ESTABLISHES AT-THE-MARKET EQUITY PROGRAM

Big Banc Split Corp. has established an at-the-market equity program (ATM program) that allows the company to issue preferred shares and Class A shares of the company having an aggregate market value of up to $25-million and $25-million, respectively, to the public from time to time, at the company's discretion. Any shares sold under the ATM program will be sold through the Toronto Stock Exchange or any other marketplace in Canada on which the shares are listed, quoted or otherwise traded at the prevailing market price at the time of sale.

The volume and timing of the distributions under the ATM program, if any, will be determined at the company's sole discretion. The ATM program will be effective until Dec. 25, 2027, unless terminated prior to such date by the company. The company intends to use the proceeds from the ATM program in accordance with the investment objectives and strategies of the company to invest in an equally weighted portfolio of the equity securities of the publicly traded Canadian banks: Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, the Bank of Nova Scotia and the Toronto-Dominion Bank. .

Sales of the shares through the ATM program will be made pursuant to the terms of an equity distribution agreement dated May 6, 2026, with National Bank Financial Inc.

Sales of the shares will be made by way of at-the-market distributions as defined in National Instrument 44-102 -- Shelf Distributions on the TSX or on any marketplace for the shares in Canada. Since the shares will be distributed at the prevailing market prices at the time of the sale, prices may vary among purchasers during the period of distribution. The ATM program is being offered pursuant to a prospectus supplement dated May 6, 2026, to the company's short form base shelf prospectus dated Nov. 25, 2025. Copies of the prospectus supplement and the short form base shelf prospectus may be obtained from your registered financial advisor or from representatives of the agent and are available on SEDAR+.

The investment objectives for the preferred shares (TSX: BNK.PR.A) are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of seven cents per preferred share (84 cents per annum or 8.4 per cent per annum on the original issue price of $10.00 per preferred share) until Nov. 30, 2026, and to return the original issue price of $10.00 to holders on the maturity date.

The investment objectives for the Class A shares (TSX: BNK) are to provide their holders with regular monthly non-cumulative cash distributions initially in the amount of 12 cents per Class A share ($1.44 per annum) and to provide holders with the opportunity for growth in the net asset value per Class A share.

Purpose is the manager, portfolio manager and promoter of the company.

About Purpose Investments Inc.

Purpose Investments is the manager of the fund. Purpose is an asset management company with more than $30-billion in assets under management. Purpose has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company.

We seek Safe Harbor.