Mr. Rob Martin reports

IA CLARINGTON INVESTMENTS ANNOUNCES JUNE 2022 DISTRIBUTIONS FOR ACTIVE ETF SERIES

IA Clarington Investments Inc. has declared the June, 2022, distributions for its Active exchange-traded-fund series. Unitholders of record as of July 4, 2022, will receive cash distributions payable on July 12, 2022.

Per-unit distributions are detailed in the attached table.

                                    JUNE DISTRIBUTIONS

Active ETF series                                 Ticker   Distribution per unit       Cusip    

IA Clarington Core Plus Bond Fund                   ICPB                $0.03629   44931X109
IA Clarington Floating Rate Income Fund             IFRF                 0.04172   44932R101
IA Clarington Loomis Global Allocation Fund         IGAF                 0.00000   45075G109
IA Clarington Loomis Global Multisector Bond Fund   ILGB                 0.00000   45076L107
IA Clarington Strategic Income Fund                 ISIF                 0.01897   44933N109

About IA Clarington Investments Inc.

A subsidiary of Industrial Alliance Insurance and Financial Services Inc. -- Canada's fourth-largest life and health insurance company -- IA Clarington offers a wide range of investment products, including actively managed mutual funds, managed portfolio solutions, Active ETF series and socially responsible investments. As of May 31, 2022, IA Clarington had over $18-billion in assets under management.

Commissions, trailing commissions, management fees, brokerage fees and expenses all may be associated with mutual fund investments, including investments in exchange-traded series of mutual funds. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The IA Clarington funds are managed by IA Clarington Investments Inc. IA Clarington and the IA Clarington logo, and IA Wealth and the IA Wealth logo are trademarks of Industrial Alliance and are used under licence.

The payment of distributions and the distribution breakdown, if applicable, are not guaranteed and may fluctuate. The payment of distributions should not be confused with a fund's performance, rate of return or yield. Distributions paid as a result of capital gains realized by a fund and income and dividends earned by a fund are taxable in the year they are paid.