Mr John Germain reports

S SPLIT CORP. DECLARES MONTHLY DISTRIBUTION

S Split Corp. has declared monthly distributions, payable on April 30, 2024, to shareholders of record on April 15, 2024. Due to the decline in the net asset value (NAV) per unit below $16.50, the company has suspended distributions on its Class A shares in accordance with the Articles of Incorporation. The NAV per unit on March 28, 2024, was $13.24.

To the extent that any portions of the distributions are ordinary taxable dividends and not capital gain dividends, they are eligible dividends.