Mr. Neil Ross reports

NINEPOINT PARTNERS ANNOUNCES ESTIMATED ANNUAL 2024 CAPITAL GAINS DISTRIBUTIONS FOR ETF SERIES SECURITIES

Ninepoint Partners LP today declared the 2024 annual reinvested capital gains distribution estimates for its ETF (exchange-traded fund) series securities. All estimates in this document do not incorporate forward-looking information and are based on the accounting data as of Nov. 1, 2024. Due to the market conditions, the actual year-end allocable amount may differ from these estimates and the difference could be material. The information included in this letter is for reference purposes only. Please reconcile all information against your official client statements. This is not intended to be a statement for official tax reporting purposes or any form of tax advice.

Ninepoint Partners expects to announce the final year-end distribution amounts on or about Dec. 20, 2024. The record date for the distributions is Dec. 31, 2024. All distributions are payable on Jan. 8, 2025. The annual capital gain distribution will be reinvested in additional units of the respective ETF series securities and do not include any cash distribution amounts for December. The additional units will be immediately consolidated so that the number of units outstanding following the distribution will equal the number of units outstanding before the distribution.

The actual taxable amounts of distributions for 2024, including the tax characteristics of the distributions, will be reported to CDS Clearing and Depository Services Inc. in early 2025. Securityholders can contact their brokerage firm for this information.

Please note these estimates do not include the regular monthly cash distribution amounts, which will be announced in a separate press release.

The per-unit estimated capital gains distributions are detailed in the attached table.

Ninepoint Partners confirms that as of Nov. 1, 2024, the following funds are not expected to have annual capital gains distributions for the 2024 tax year:

• Ninepoint Cash Management Fund (ETF series);
• Ninepoint Alternative Credit Opportunities Fund (ETF series);
• Ninepoint Diversified Bond Fund (ETF series);
• Ninepoint Target Income Fund (ETF series);
• Ninepoint Carbon Credit ETF (ETF series);
• Ninepoint Web3 Innovators Fund (ETF).

About Ninepoint Partners LP

Based in Toronto, Ninepoint Partners is one of Canada's leading alternative investment management firms overseeing approximately $7-billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies including alternative income and real assets, in addition to North American and global equities.