Ms. Keera Hart reports

PURPOSE INVESTMENTS INC. ANNOUNCES INCREASES TO ANNUAL DISTRIBUTION YIELD TARGETS FOR PURPOSE GLOBAL BOND FUND, PURPOSE GLOBAL BOND CLASS, AND PURPOSE GLOBAL FLEXIBLE CREDIT FUND

Purpose Investments Inc. has elected to increase the annual distribution target on Purpose Global Bond Fund and Purpose Global Bond Class from 4.65 per cent to 5.15 per cent. In addition, the annual distribution target for Purpose Global Flexible Credit Bond Fund will also increase from 5.50 per cent to 6.25 per cent. The new monthly distribution amounts are shown in the attached table and will be effective as of December, 2023.

Based on the funds' continued capital allocation in the new bond issue market, coupled with the current interest rate environment, Purpose Investments is able to increase the monthly distribution rates for the funds.

About Purpose Investments Inc.

Purpose Investments is an asset management company with more than $18-billion under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by the entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial service company.

Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.