Mr. Jonathan McGuire reports

GLOBAL X ANNOUNCES CHANGES TO FORWARD AGREEMENT HEDGING COSTS FOR CERTAIN ETFS

The forward agreement hedging costs payable by certain exchange-traded funds (ETFs) that Global X Investments Canada Inc. manages are changing effective March 16, 2026. These forward agreement hedging costs payable to an ETF's bank counterparty or counterparties, as applicable, are changing because of changing market conditions, including recent increased volatility in the price of the underlying commodities.

The ETFs subject to these changes and their respective ticker symbols are as follows:

• BetaPro Crude Oil Leveraged Daily Bull ETF (HOU);
• BetaPro Crude Oil Inverse Leveraged Daily Bear ETF (HOD);
• BetaPro Gold Bullion 2x Daily Bull ETF (GLDU);
• BetaPro Gold Bullion -2x Daily Bear ETF (GLDD);
• BetaPro Silver 2x Daily Bull ETF (SLVU);
• BetaPro Silver -2x Daily Bear ETF (SLVD).

Forward agreement hedging costs

Hedging costs incurred by a counterparty and charged to an ETF are similar in nature to portfolio transaction costs that are incurred by an investment fund that holds portfolio securities directly. The manager anticipates that beginning on March 16, 2026, and based on current market conditions, the hedging costs for the ETFs will be a percentage per annum of the aggregate notional exposure of an ETF's forward agreements, as detailed in the attached table.

The table is based on the manager's estimate only and actual hedging costs, if any, may increase above this range. Additionally, any security imbalances caused by material rebalances or trading halts can affect the marked-to-market value of the forward agreements negatively on any given day in relation to the closing level of the applicable underlying index. The hedging costs that may be incurred by a counterparty and charged to an ETF may, depending on market conditions, be greater than described above and can change at any time, without notice to investors.

There are no changes to the management fees of these ETFs as a result of these changes. For greater certainty, there is no increase in any amounts payable by the ETFs to Global X, the manager of the ETFs, in connection with these changes.

About BetaPro by Global X

BetaPro by Global X is Canada's leading provider of leveraged, inverse and inverse-leveraged exchange-traded funds listed on major Canadian stock exchanges. BetaPro by Global X is a wholly owned subsidiary of the Mirae Asset Financial Group, which manages more than $1-trillion of assets across 21 countries and global markets around the world.

About Global X Investments Canada Inc.

Global X is an innovative financial services company and offers one of the largest suites of exchange-traded funds in Canada. The Global X fund family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Global X has more than $50-billion of assets under management and over 150 ETFs listed on major Canadian stock exchanges. Global X is a wholly owned subsidiary of the Mirae Asset Financial Group.