An anonymous director of Global X reports
GLOBAL X ANNOUNCES SHARE CONSOLIDATIONS
Global X Investments Canada Inc. intends to consolidate shares of certain BetaPro ETFs (exchange-traded funds), as indicated in the attached table.
Share consolidations
After the close of trading on Nov. 26, 2025, on the Toronto Stock Exchange, the shares of the consolidating ETFs will be consolidated based on the ratios set out in the attached table.
The shares of the consolidating ETFs will begin trading on a postconsolidated basis on Nov. 27, 2025, the effective date of the consolidation.
When a share consolidation occurs, the net asset value per share is increased by the same ratio as the share consolidation so that the share consolidation has no impact on the value of the investor's total share position. An investor's cost per share is also increased by the same ratio as the share consolidation, although their total cost remains unchanged.
No fractional shares will be issued. Where the consolidation results in a fractional share, the number of postconsolidation shares will be rounded down to the nearest whole share, in the case of a fractional interest that is less than 0.5, or rounded up to the nearest whole number, in the case of a fractional interest that is 0.5 or greater.
Global X reserves the right to cancel or amend these consolidations if deemed appropriate to do so before the effective date of Nov. 27, 2025.
Shareholders do not need to take any action in connection with these consolidations. Shareholders will have their brokerage accounts automatically updated to reflect the consolidations. Shareholders who have questions regarding the impact of these corporate actions should contact their brokerage firm.
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 product 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 had over $46-billion of assets under management as of Oct. 31, 2025, and 154 ETFs listed on major Canadian stock exchanges. Global X is a wholly owned subsidiary of the Mirae Asset Financial Group, which manages more than $1-trillion of assets across 19 countries and global markets around the world.
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