An anonymous director reports

BROMPTON ENERGY SPLIT CORP. ANNOUNCES EXTENSION OF TERM

Brompton Energy Split Corp.'s board of directors has approved an extension of the maturity date of the Class A shares and preferred shares of the fund. The current maturity date of March 30, 2027, will be extended for an additional period of five years to March 30, 2032. The preferred share dividend rate for the extended term will be announced at least 60 days prior to the current March 30, 2027, maturity date and will be based on market yields for preferred shares with similar terms at that time. The term extension allows Class A shareholders to continue their investment with an attractive distribution rate of 15.7 per cent based on the Aug. 10, 2026, closing price, and the opportunity for capital appreciation (1). The extension of the term of the fund is not a taxable event and enables shareholders to defer potential capital gains tax liability that would have otherwise been realized on the redemption of Class A shares or preferred shares at the end of the term, until such time that shares are disposed of by shareholders.

Over the past three years to July 31, 2026, the Class A share has delivered a 29.1-per-cent-per-annum return, outperforming the S&P/TSX Capped Energy Total Return Index and the S&P/TSX Composite Total Return Index by 3.3 per cent per annum and 6.2 per cent per annum, respectively (2). Class A shareholders also have the option to reinvest their cash distributions in a dividend reinvestment plan, which is commission free to participants.

The term extension offers preferred shareholders the opportunity to enjoy preferential cash distributions until March 30, 2032. The preferred share has delivered an 8.0-per-cent-per-annum return over the past three years to July 31, 2026, and has a high level of downside protection with 40-per-cent asset coverage as of July 31, 2026.

The fund invests in an actively managed portfolio consisting primarily of equity securities of dividend-paying (at the time of investment) global energy issuers with a market capitalization of at least $2-billion (at the time of investment), which may include companies operating in energy subsectors and related industries, such as oil and gas exploration and production, equipment, services, pipelines, transportation, infrastructure, utilities, among others. The fund may also invest up to 25 per cent of the value of the portfolio (as measured at the time of investment) in equity securities of other global natural resource issuers, which include companies that own, explore, mine, process or develop natural resource commodities, or supply goods and services to those companies, including directly or indirectly through exchange-traded funds, including exchange-traded funds managed by Brompton Funds Ltd., the manager of the fund.

About Brompton Funds Ltd.

For over 25 years, Brompton has been providing unique, well-conceived investments for Canadians, with a focus on low management fees, performance-driven diversification strategies, and attractive income and growth solutions for various market cycles.

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