An anonymous director reports

CANOE EIT INCOME FUND ANNOUNCES 2023 ANNUAL VOLUNTARY REDEMPTION RESULTS

Canoe EIT Income Fund has released the results of the 2023 voluntary cash redemption.

Requests for redemption of 57,843 units of the Fund, representing approximately 0.03% of the current issued and outstanding units, have been submitted by unitholders. The Fund's Declaration of Trust limits the annual redemption to 10% of the issued and outstanding units on the final day to submit units for redemption, which was November 17, 2023. Payment of the redemption proceeds will be made on or before January 3, 2024 at a redemption price equal to 95% of the average net asset value based on the three business days preceding the redemption date of December 8, 2023, less direct costs. Units that have been submitted for redemption will remain eligible for the November 2023 distribution, which is paid in December 2023.

About Canoe EIT Income Fund

Canoe EIT Income Fund is one of Canada's largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbol EIT.UN, and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe Financial.

About Canoe Financial

Canoe Financial is one of Canada's fastest growing independent mutual fund companies managing $14.0 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal.