Ms. Hilary Bassett reports

MACKENZIE INVESTMENTS ANNOUNCES MAY 2023 DISTRIBUTIONS FOR ITS EXCHANGE TRADED FUNDS

Mackenzie Investments has declared the May, 2023, monthly cash distributions for its exchange-traded funds listed in an attached table that trade on the Toronto Stock Exchange and Cboe Canada. Unitholders of record on June 2, 2023, will receive cash distributions on June 9, 2023.

Details of the per-unit distribution amounts are provided in an attached table.

About Mackenzie Investments

Mackenzie Investments is a leading investment management firm with $196-billion in assets under management as of April 30, 2023. Mackenzie provides investment solutions and related services to greater than one million retail and institutional clients through multiple distribution channels. Founded in 1967, Mackenzie is a global asset manager with offices across Canada as well as in Boston, Dublin, London, Hong Kong and Beijing. Mackenzie is a member of IGM Financial Inc., one of Canada's premier financial service companies, with approximately $263-billion in total assets under management and advisement as of April 30, 2023.