Mr. Steve Hawkins reports

LONGPOINT ANNOUNCES ETF SHARE SPLIT AND CONSOLIDATIONS

LongPoint Asset Management Inc. intends to split the shares of MegaLong (3X) Canadian Banks Daily Leveraged Alternative ETF and consolidate the shares of certain ETFs (exchange-traded funds), effective at the close of business on Aug. 28, 2026.

The share split will be payable on Aug. 28, 2026, to shareholders of record of the splitting ETF on Aug. 27, 2026. The shares of the splitting ETF will trade on a due bill basis, as described below, from the opening of the Toronto Stock Exchange on Aug. 27, 2026, until the close of the TSX on Aug. 28, 2026, inclusive. The splitting ETF will begin trading on the TSX on a split-adjusted basis on Aug. 31, 2026.

After the close of trading on Aug. 28, 2026, on the TSX, the shares of the splitting ETF will be split based on the ratio set out in the associated table.

When a share split occurs, the net asset value per share is decreased by the same ratio as the share split so that the share split has no impact on the value of the investor's total share position. An investor's cost per share is also decreased by the same ratio as the share split, although their total cost remains unchanged. Shareholders of the splitting ETF on the record date will be entitled to receive additional shares for every share of the splitting ETF they own on that date, as stated in the associated table.

The due bill trading procedures of the TSX will apply to the splitting ETF. A due bill is an entitlement attached to listed securities undergoing a corporate action, such as the ones described above. Shares of the splitting ETF will trade on a due bill basis from the record date until the payment date, inclusive. Any trades that are executed on the TSX during the due bill period will be identified to ensure purchasers of the shares of the splitting ETF receive the entitlement to the share split. The due bill redemption date is expected to be Aug. 31, 2026.

After the close of trading on Aug. 28, 2026, on the TSX, the shares of the consolidating ETFs will be consolidated based on the ratios set out in the associated table.

The shares of the consolidating ETFs will begin trading on a postconsolidated basis on Aug. 31, 2026, the effective date of the consolidation.

When a share consolidation occurs, the net asset value per share is increased by the same ratio as the share consolidation so that the share consolidation has no impact on the value of the investor's total share position. An investor's cost per share is also increased by the same ratio as the share consolidation, although their total cost remains unchanged.

No fractional shares will be issued. Where the consolidation results in a fractional share, the number of postconsolidation shares will be rounded down to the nearest whole share, in the case of a fractional interest that is less than 0.5, or rounded up to the nearest whole number, in the case of a fractional interest that is 0.5 or greater.

LongPoint reserves the right to cancel or amend these corporate actions if deemed appropriate to do so before the effective date of Aug. 31, 2026.

Shareholders do not need to take any action in connection with these share splits and consolidations. Shareholders will have their brokerage accounts automatically updated to reflect the share splits and consolidations. Shareholders who have questions regarding the impact of these corporate actions should contact their brokerage firm.

About LongPoint Asset Management Inc.

LongPoint Asset Management is a Canadian-owned-and-operated company that delivers innovative ETF solutions designed to enhance your Canadian investing journey. Its dedicated team leverages deep industry connections and local insights to design, build and launch exceptional ETFs tailored for Canadian investors. LongPoint also offers its unique partnership ETF platform, which simplifies the launch, operation and growth of ETFs for its partner asset managers. LongPoint was Canada's fastest-growing ETF provider in 2025, on a percentage basis, and offers 54 Canadian-listed ETFs with approximately $450-million in assets under management. Discover the advantage of investing with LongPoint.

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