Ms. Rachael Peng reports

INVESCO CANADA ANNOUNCES ESTIMATED 2023 CASH AND ANNUAL REINVESTED DISTRIBUTIONS FOR ITS ETFS

Invesco Canada Ltd. has estimated December, 2023, distributions for its exchange-traded funds (ETFs). Unitholders of record on Dec. 28, 2023, will receive cash distributions on Jan. 8, 2024.

Further, Invesco has estimated annual reinvested distributions for its ETFs. Unitholders of record on Dec. 28, 2023, will receive these distributions, which will generally consist of capital gains and return of capital. The distributions will be reinvested and the resulting units immediately consolidated so that the number of units held by each investor will not change and there will be an increase in the adjusted cost base of the investment. Investors holding their units outside of registered plans will also have taxable amounts to report.

Please note that these figures are estimates only, as at Dec. 15, 2023. If any changes to the rates are required, Invesco will confirm the final cash and annual reinvested distribution rates for all funds on or about Dec. 22, 2023. If no changes are required to the distribution rates per share, the rates listed in an attached table are final for the 2023 tax year. Generally, the distributions per unit may be expected to increase if the net units outstanding of a fund decrease before Dec. 28, 2023, or other unforeseen events occur.

The tax characteristics for all distributions declared in 2023 will be reported before the end of February, 2024.

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

The tax composition of the Invesco ETFs' distributions will be determined on an annual basis and will only be available after the Invesco ETFs' tax year-end.