An anonymous director reports

CANADIAN LIFE COMPANIES SPLIT CORP. DECLARES CLASS A & PREFERRED SHARE DIVIDEND

Canadian Life Companies Split Corp. has declared its monthly distribution of 10 cents for each Class A share ($1.20 annualized) and 6.667 cents for each preferred share (80 cents annualized). Distributions are payable March 8, 2024, to shareholders on record as at Feb. 29, 2024.

Since inception Class A shareholders have received a total of $7.75 per share and preferred shareholders have received a total of $11.42 per share, inclusive of this distribution, for a combined total of $19.17 per unit.

The company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corp., and Sun Life Financial Inc.

          DISTRIBUTION DETAILS                        
                                            
Class A share (LFE):             10 cents
                                            
Preferred share (LFE.PR.B):   6.667 cents
                                            
Record date:                Feb. 29, 2024
                                            
Payable date:               March 8, 2024