Mr. Steve Hawkins reports

LONGPOINT CHANGES TICKERS AND REDUCES FEES ON COMMODITY ETFS

Effective Nov. 17, 2025, the ticker symbols for certain Savvy ETFs (exchange-traded funds) will be changed for branding purposes. These commodity ETFs provide up to two times (2X) leveraged or up to two times inverse leverage (-2X) unhedged exposure to United States-dollar-based crude oil and natural gas futures contracts. The Savvy ETFs seek to maintain an absolute leverage ratio of 2.0 times exposure to the respective crude oil or natural gas futures contracts. LongPoint expects this level of exposure to remain constant, subject to any unforeseen or material market movements.

The new ticker symbols are listed in the attached table.

The investment objectives, strategies, names and Cusips of the Savvy ETFs, as outlined in their prospectus, remain the same.

"With these ticker symbol changes, LongPoint is relaunching these rules based leveraged crude oil and natural gas Savvy ETFs with more recognizable tickers, built for Canadian traders by a proudly Canadian owned and operated company," said Steve Hawkins, chief executive officer of LongPoint. "As well, the fee reduction to 1.15 per cent, with a fee waiver to 0.25-per-cent management fee until June 30, 2026, is a great reason for active Canadian investors to consider these ETFs. Energy is Canada's second-largest economic sector and these ETFs provide a Canadian-domiciled, TSX-listed solution for sophisticated self-directed retail investors to access the very active crude oil and natural gas commodity markets."

As the Savvy ETFs are each designed as trading vehicles typically held for short periods, the management fees paid by investors are minimal on a daily basis. Nevertheless, Canadian investors continue to place strong emphasis on fees when making investment decisions. For example, if you had invested $10,000 in one of the Savvy ETFs prior to today, when the annual management fee was 1.25 per cent, the management fee cost to you for holding it for 24 hours would have been approximately 34 cents. With the new effective management fee of 0.25 per cent, the management fee cost for that same 24-hour holding period would now be just seven cents.

The effective management fees are listed in the attached table.

These rebated Savvy ETFs are still subject to operating expenses, which are included in the management expense ratio (MER) and are still subject to trading costs, which are included in the trading expense ratio (TER).

"Our team at LongPoint brings over 70 years of combined ETF experience, including nearly 50 years specifically focused on managing leveraged and inverse products," Mr. Hawkins added. "We've designed these easy to understand Savvy ETFs as specific tools for knowledgeable, sophisticated Canadian investors who want to employ high-conviction, short-term trading strategies on energy-based commodities without any additional complications of FX hedging and the added benefit of a transparent risk deleveraging strategy."

With the relaunch of these Savvy ETFs, LongPoint continues to establish itself as a leader in innovative ETF solutions. The company entered the levered ETF market in December, 2024, with the launch of these leveraged crude oil and natural gas ETFs. In May, 2025, it introduced Canada's first triple-levered index ETFs and Canada's first double-levered single stock ETFs linked to United States equities. Most recently, in October, 2025, the company expanded its lineup again with Canada's first double-levered single stock ETFs linked to Canadian equities, and again this week with the launch of the first double-levered inverse single stock ETF linked to a Canadian stock.

It is anticipated that the ticker symbol changes will be reflected on the Toronto Stock Exchange when the markets open on Nov. 17, 2025.

About LongPoint Asset Management Inc.

LongPoint Asset Management is a Canadian owned and operated company which delivers innovative ETF solutions designed to enhance your Canadian investing journey. With over 70 years of combined expertise in the ETF market, the company's dedicated team leverages deep industry connections and local insights to design, build and launch exceptional ETFs tailored for Canadian investors. LongPoint also offers its unique partnership ETF platform, which simplifies the launch, operation and growth of ETFs for its partner asset managers. LongPoint is Canada's fastest-growing ETF provider in 2025, on a percentage basis, and offers 38 Canadian-listed ETFs with approximately $250-million in assets under management.

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