Mr. John Germain reports

PREMIUM GLOBAL INCOME SPLIT CORP. ANNOUNCES SEMI-ANNUAL RESULTS

Premium Global Income Split Corp. has released its results of operations for the six months ended June 30, 2025. The increase in net assets attributable to holders of Class A shares amounted to $460,000 or 25 cents per Class A share. Net assets attributable to holders of Class A shares as at June 30, 2025, were $21.79-million or $6.38 per Class A share. Cash distributions of 38 cents per preferred share and 48 cents per Class A share were paid during the period.

The fund is a mutual fund corporation that invests in a diversified portfolio that includes primarily large-capitalization global equity securities. The fund may also invest up to 100 per cent of its net assets in other public investment funds, including investment funds managed by the manager. In addition, the fund is exposed to securities traded in foreign currencies and may, in the manager's discretion, enter into currency hedging transactions to reduce the effects of changes in the value of foreign currencies relative to the value of the Canadian dollar. The fund employs an active covered call writing strategy to enhance the income generated by the portfolio and to reduce volatility. In addition, the fund may write cash covered put options in respect of securities in which it is permitted to invest.

The fund's investment portfolio is managed by its investment manager, Mulvihill Capital Management Inc. The fund's Class A and preferred shares are listed on the Toronto Stock Exchange under the symbols PGIC and PGIC.PR.A, respectively.