Ms. Keera Hart reports

PURPOSE INVESTMENTS INC. ANNOUNCES JANUARY 2024 DISTRIBUTIONS

Purpose Investments Inc. has declared distributions for the month of January, 2024, for its open-end exchange-traded funds and closed-end funds.

The ex distribution date for all ETFs is Jan. 26, 2024, with the exception of Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF, which will have an ex distribution date of Jan. 29, 2024, as well as Purpose High Interest Savings Fund, Purpose U.S. Cash Fund, Purpose Cash Management Fund and Purpose USD Cash Management Fund, which have an ex distribution date of Jan. 30, 2024. The ex distribution date for all closed-end funds is Jan. 30, 2024.

Purpose confirms the initial January, 2024, distributions for Microsoft (MSFT).

Estimated January, 2024, distributions for Purpose High Interest Savings Fund, Purpose U.S. Cash Fund, Purpose Cash Management Fund and Purpose USD Cash Management Fund

The January, 2024, distribution rates for Purpose High Interest Savings Fund, Purpose U.S. Cash Fund, Purpose Cash Management Fund and Purpose USD Cash Management Fund are estimated herein.

Purpose expects to issue a press release on or about Jan. 29, 2024, which will provide the final distribution rate for Purpose High Interest Savings Fund, Purpose U.S. Cash Fund, Purpose Cash Management Fund and Purpose USD Cash Management Fund. The ex distribution date will be Jan. 30, 2024.

(1) Dividend is designated as an eligible Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.

(2) Purpose U.S. Preferred Share Fund Non-Currency Hedged -- ETF units -- has both a Canadian-dollar and U.S.-dollar purchase option. Distribution per unit is declared in Canadian dollars; however, the U.S.-dollar purchase option (RPU.U) distribution will be made in the U.S.-dollar equivalent. Conversion into U.S. dollars will use the end-of-day foreign exchange rate prevailing on the ex distribution date.

About Purpose Investments Inc.

Purpose Investments is an asset management company with more than $19-billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by the entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial service company.

Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corp. or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.