An anonymous director reports

PARTNERS VALUE SPLIT CORP. ANNOUNCES ESTABLISHMENT OF NORMAL COURSE ISSUER BID

Partners Value Split Corp. has received approval from the Toronto Stock Exchange (TSX) to commence a normal course issuer bid to purchase up to 10 per cent of the public float of each series of the company's outstanding Class AA preferred shares that are listed on the Toronto Stock Exchange. The company may purchase up to 837,980 preferred shares in any 30-day period which is 2 per cent of the 41,899,000 issued and outstanding preferred shares at Nov. 14, 2025. Purchases under the bid will be made on the open market through the facilities of the TSX and/or alternative Canadian trading systems. The period of the normal course issuer bid will be effective from Nov. 28, 2025, to Nov. 27, 2026, or such earlier date as the company completes its purchases.

Purchases by the company pursuant to the bid will be made by its broker, RBC Capital Markets, through the facilities of the TSX, other designated exchanges and alternative trading systems in Canada. The price which the company will pay for any preferred share purchased will be the market price of the preferred share at the time of acquisition.

Under the bid, the company is authorized to repurchase each respective series of the preferred shares as shown in the attached table.

This is the company's first normal course issuer bid in respect of the preferred shares, and therefore it has not previously made any repurchases of its preferred shares.

The company believes that, from time to time, the market price of its preferred shares may not adequately reflect their value. In such circumstances, the company believes that its outstanding preferred shares may represent an appropriate and desirable use of its available funds. All preferred shares acquired by the company under the bid will be cancelled.

In connection with the bid, the company intends to enter into an automatic purchase plan with its designated broker, RBC Capital Markets. The automatic purchase plan will allow for the purchase of preferred shares when the company would not ordinarily be active in the market due to its own internal trading blackout periods, insider trading rules or otherwise. Outside of these periods, preferred shares will be repurchased in accordance with management's discretion and in compliance with applicable law.

We seek Safe Harbor.