An anonymous director reports

LYSANDER ANNOUNCES CASH DISTRIBUTIONS FOR THE LYSANDER ACTIVETFS NOVEMBER 2023

Lysander Funds Ltd. has declared the November, 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 ETF at the close of business on the distribution record date will receive a cash distribution in the amount indicated herein based on the number of units held, payable on or before the payment date.

                          NOVEMBER, 2023, CASH DISTRIBUTIONS

ETF                                         Distribution    Distribution    Payment date     
                                                per unit     record date 

Lysander-Slater Preferred Share ActivETF          $0.054   Nov. 30, 2023   Dec. 11, 2023
Lysander-Canso Corporate Treasury ActivETF       $0.0047   Nov. 30, 2023   Dec. 11, 2023
Lysander-Canso Floating Rate ActivETF            $0.0355   Nov. 30, 2023   Dec. 11, 2023

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of an exchange-traded fund on the Toronto Stock Exchange. If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of an ETF and may receive less than the current net asset value when selling them.