Mr. Murray Oxby reports

CI GLOBAL ASSET MANAGEMENT ANNOUNCES ESTIMATED REINVESTED DISTRIBUTIONS IN CONNECTION WITH FUND MERGERS

CI Financial Corp.'s CI Global Asset Management (CI GAM) has declared estimated reinvested distributions in respect of the upcoming mergers of the ETFs (exchange-traded funds) and ETF series of mutual funds listed in the attached table. The mergers, which will take place on or about April 5, 2024, were first announced in December, 2023, and approved at securityholder meetings earlier this month. In all cases, these estimated reinvested distributions will be reinvested on or about April 5, 2024, to unitholders of record on April 4, 2024.

The estimated reinvested distributions will not be paid in cash but will be reinvested and the resulting units immediately consolidated, so that the number of units held by each investor will not change.

About CI Global Asset Management

CI Global Asset Management is one of Canada's largest investment management companies. It offers a wide range of investment products and services and is on the Web. CI GAM is a subsidiary of CI Financial Corp. (TSX: CIX), an integrated global asset and wealth management company with approximately $465.9-billion in assets as at Feb. 29, 2024.