Mr. Robert Taylor of Canoe Financial reports

CANOE EIT INCOME FUND ANNOUNCES 2025 ANNUAL REDEMPTION PRICE

Units accepted for Canoe EIT Income Fund's 2025 voluntary cash redemption will be redeemed at a price of $15.36 per unit (rounded) in Canadian dollars. This price is equal to 95 per cent of the average net asset value per unit based on the three business days preceding the redemption date of Dec. 5, 2025, less direct costs. Payment of the redemption proceeds will be made on or before Dec. 30, 2025.

About Canoe EIT Income Fund

Canoe EIT 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 Toronto Stock Exchange under the symbol EIT.UN and is actively managed by Robert Taylor, senior vice-president and chief investment officer, Canoe Financial.

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