Mr. Mark Brisley reports

DYNAMIC LAUNCHES ETF SERIES OF DYNAMIC PREMIUM YIELD PLUS FUND

Dynamic has launched three ETF (exchange-traded fund) series of Dynamic Premium Yield PLUS Fund, expanding investor access to its actively managed options-based liquid alternative strategy through the flexibility and convenience of an ETF.

The new ETF series have closed their initial offerings of units and are expected to begin trading on the Toronto Stock Exchange (TSX) today under the ticker symbols shown in the attached table.

Dynamic Premium Yield PLUS Fund seeks to provide long-term capital appreciation by investing primarily in a diversified portfolio of largely United States securities and some global securities while employing an actively managed options-writing strategy, which generates premium yield.

"Investors shouldn't have to choose between attractive yield and long-term growth potential," said Mark Brisley, head of Dynamic. "By bringing Dynamic Premium Yield PLUS Fund to the ETF market, we are making an established, actively managed options strategy more accessible -- giving investors greater choice and flexibility in how they pursue their investment goals."

The fund is managed by Damian Hoang, vice-president and senior portfolio manager, and Derek Bastien, vice-president and portfolio manager. Drawing on extensive experience in multiasset investing, fundamental and quantitative analysis, derivatives-based strategies, and portfolio construction, the team applies an active investment approach designed to generate long-term capital appreciation and premium yield while seeking attractive risk-adjusted returns. Together, they are part of the Quantamental team, which manages more than $25-billion in assets as at Sept. 30, 2026.

About Dynamic

Dynamic is a division of 1832 Asset Management LP, which offers a range of wealth management solutions, including mutual funds, actively managed ETFs, liquid alternative mutual funds, private asset solutions and investment solutions for private clients, institutions and managed asset programs. 1832 Asset Management is a limited partnership, the general partner of which is wholly owned by Scotiabank. Dynamic is a registered trademark of The Bank of Nova Scotia, used under licence by 1832 Asset Management.