An anonymous director reports

COMMERCE SPLIT MONTHLY DIVIDEND DECLARED FOR CLASS I AND CLASS II PREFERRED SHARES

Commerce Split Corp. has declared its monthly distributions of 2.5 cents per share (30 cents annually) for Class I preferred shareholders and 3.125 cents per share (37.5 cents annually) for Class II preferred shareholders. The Class I preferred share distributions are paid at an annual rate of 6 per cent, based on the $5 repayment amount. Class II preferred share distributions are paid at an annual rate of 7.5 per cent, based on the $5 repayment amount. Distributions are payable May 10, 2024, to shareholders on record as at April 30, 2024.

Distribution details

Class I preferred share:  2.5 cents

Class II preferred share:  3.125 cents

Record date:  April 30, 2024

Payable date:  May 10, 2024