An anonymous director reports

LYSANDER ANNOUNCES CASH DISTRIBUTIONS FOR THE LYSANDER ACTIVETFS

Lysander Funds Ltd. has declared the October, 2023, cash distributions for each of Lysander-Slater Preferred Share ActivETF, Lysander-Canso Corporate Treasury ActivETF and Lysander-Canso Floating Rate ActivETF. The unitholders of record of each exchange-traded fund at the close of business on the distribution record date will receive a cash distribution in the amount indicated below based on the number of units held, payable on or before the payment date.