An anonymous director reports

DIVIDEND GROWTH SPLIT CORP. ANNOUNCES OVERNIGHT OFFERING

Dividend Growth Split Corp. is undertaking a treasury offering of Class A and preferred shares.

The sales period for the offering will end on Wednesday, Aug. 12, 2026. The offering is expected to close on or about Aug. 19, 2026, and is subject to certain closing conditions, including approval by the Toronto Stock Exchange.

The Class A shares will be offered at a price of $8.75 per Class A share for a distribution rate of 13.7 per cent on the issue price. The preferred shares will be offered at a price of $10.75 per preferred share to yield 6.3 per cent. The closing price on the TSX for each of the Class A shares and preferred shares on Aug. 10, 2026, was $8.77 and $10.88, respectively. The Class A share and preferred share offering prices were determined so as to be non-dilutive to the most recently calculated net asset value per unit of the fund (calculated as at Aug. 6, 2026), as adjusted for dividends and certain expenses to be accrued prior to or upon settlement of the offering. The offering is being led by RBC Capital Markets.

The investment objectives for the Class A shares are to provide holders with regular monthly non-cumulative cash distributions targeted to be at least 10 cents per Class A share and to provide holders of Class A shares with the opportunity for growth in the net asset value per Class A share. Over the past 10 years, the Class A share has generated a 19.2-per-cent-per-year return, significantly outperforming the S&P/TSX Composite Total Return Index by 6.7 per cent per annum.

The investment objectives for the preferred shares are to provide holders with fixed cumulative preferential quarterly cash distributions, currently in the amount of 16.875 cents per preferred share (6.75 per cent per annum on the original $10 issue price) and to return the original issue price to holders of preferred shares on Aug. 30, 2029. Over the past 10 years, the preferred share has generated a 5.8-per-cent-per-year return. Purchasers of preferred shares in this offering will be eligible to receive the full August, 2026, quarterly dividend of 16.875 cents per preferred share when the dividend is declared.

The fund invests in a portfolio consisting primarily of equity securities of Canadian dividend growth companies. In addition, the company may hold up to 20 per cent of the total assets of the portfolio in global dividend growth companies for diversification and improved return potential, at the discretion of Brompton Funds Ltd. To qualify for inclusion in the portfolio, at the time of investment, each dividend growth company included in the portfolio must have: (i) a market capitalization of at least $2.0-billion; and (ii) a history of dividend growth or, in Brompton's view, a high potential for future dividend growth.

We seek Safe Harbor.