Mr. Michael Kovacs reports

HARVEST ANNOUNCES NEW ETF LISTINGS ON THE TSX

Harvest Portfolios Group Inc. has completed the initial offering of Class A units of the Harvest Balanced Income & Growth ETF, Class A units of the Harvest Balanced Income & Growth Enhanced ETF, and Class A units of the Harvest Industrial Leaders Income ETF pursuant to a prospectus dated April 4, 2024, filed with the securities regulatory authorities in all of the Canadian provinces and territories. The Class A units of the Harvest Balanced Income & Growth ETF will commence trading on the Toronto Stock Exchange today under the ticker symbol HBIG. The Class A units of the Harvest Balanced Income & Growth Enhanced ETF will commence trading on the TSX today under the ticker symbol HBIE. The Class A units of the Harvest Industrial Leaders Income ETF will commence trading on the TSX today under the ticker symbol HIND.

Distribution announcement

HBIG will pay a monthly distribution of $0.16 CAD per Class A Unit and the first monthly distribution will be paid on or about May 9, 2024 to unitholders of record on April 30, 2024 with an ex-dividend date of April 29, 2024.

HBIE will pay a monthly distribution of $0.20 CAD per Class A Unit and the first monthly distribution will be paid on or about May 9, 2024 to unitholders of record on April 30, 2024 with an ex-dividend date of April 29, 2024.

HIND will pay a monthly distribution of $0.07 CAD per Class A Unit and the first monthly distribution will be paid on or about June 7, 2024 to unitholders of record on May 31, 2024 with an ex-dividend date of May 31, 2024.

"Harvest is pleased to introduce the first high income generating Balanced ETF in Canada primarily focused on utilizing covered calls." said Michael Kovacs, President and CEO of Harvest. "HBIG and HBIE will provide consistent monthly cash distributions while seeking to deliver steady returns through a balanced mix of Equity and Fixed Income ETFs. HIND will provide investors with access to the diversified Industrial sector while receiving attractive consistent monthly cash distributions through our covered call strategy, it's a logical piece of a portfolio strategy and is a dynamic addition to our line up of Equity Income ETFs."

Investment Objectives

HBIG will seek to provide Unitholders with high monthly cash distributions and the opportunity for capital appreciation by investing, on a non-levered basis, in a portfolio of exchange traded mutual funds that are listed on a recognized North American stock exchange that provide exposure towards large capitalization equity securities, investment grade bonds or money market instruments issued by corporations or governments, and will include exchange traded mutual funds that engage in covered call strategies.

HBIE will seek to provide Unitholders with high monthly cash distributions and the opportunity for capital appreciation by investing, on a levered basis, in a portfolio that will replicate, to the extent reasonably possible, the portfolio of Harvest Balanced Income & Growth ETF, an exchange traded mutual fund managed by the Manager.

HIND will seek to provide Unitholders with (i) the opportunity for capital appreciation; (ii) monthly cash distributions; and (iii) lower overall volatility of the portfolio returns than would otherwise be experienced by owning Equity Securities of Industrial Leaders directly. To achieve lower overall volatility of portfolio returns, Harvest Industrial Leaders Income ETF will generally write covered call options on up to 33% of the portfolio securities. The level of covered call option writing may vary based on market volatility and other factors.

About Harvest Portfolios Group Inc.

Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing over $4.1 billion in assets for Canadian Investors. At Harvest ETFs, we believe that investors can build and preserve wealth by long-term ownership of high-quality businesses. This fundamental philosophy is at the core of our investment approach across our range of ETFs.

Harvest ETF's core offerings center around covered call strategies, available in three variations: equity, enhanced equity and fixed income. In our equity-income portfolios, we follow a three-step process: identifying promising growth industries; selecting well-positioned businesses within those sectors; and optimizing returns by generating income through covered calls. To enhance potential returns, we offer leveraged exposure to select Harvest ETFs through our enhanced lineup. Our Fixed Income ETFs focus on investing in US Treasury ETFs while employing a covered call option strategy. This approach allows us to deliver high monthly distributions to our investors. For those seeking ETFs without call options, we also provide our Equity Growth ETFs, which are specifically designed to capture opportunities in growth industries and major trends.