An anonymous representative of Horizons ETFs Management reports

HORIZONS ETFS ANNOUNCES ETF CLOSURES

Horizons ETFs Management (Canada) Inc. will be terminating nine of its exchange-traded funds effective at the close of business on or about March 28, 2024. The terminating ETFs are as shown in the attached table.

Effective March 18, 2024, except in limited circumstances, no further direct subscriptions for securities of the ETFs will be accepted. The ETFs are expected to be delisted from the Toronto Stock Exchange or Cboe Canada, as applicable, at the request of the manager, at the close of business on or about March 22, 2024, with all securities still held by investors being subject to a mandatory redemption as of the termination date.

Any remaining securityholders of an ETF as at the termination date will receive the net proceeds from the liquidation of the assets, less all liabilities and all expenses incurred in connection with the dissolution of the ETF, on a pro rata basis.