Mr. Steve Hawkins reports

LONGPOINT ANNOUNCES MANAGEMENT FEE REBATE ON FOUR OF CANADA'S FIRST TRIPLE LEVERED ETFS

LongPoint Asset Management Inc. is offering management fee rebates, effective today, on four of its triple-levered index ETFs which were launched on Friday, May 23, 2025, on the Toronto Stock Exchange.

The manager has voluntarily agreed to a rebate of 0.9 per cent of the management fee, ordinarily payable by the rebated ETFs to the manager, until Dec. 31, 2025. During the rebate period, the effective management fee that shareholders of these ETFs will pay will be reduced from 1.55 per cent to 0.65 per cent of the net asset value of that rebated ETF. The manager may elect to extend the rebate for another period after Dec. 31, 2025. If the manager elects to extend the rebate, the manager will announce such extension prior to Dec. 31, 2025.

"As a proudly Canadian-owned ETF issuer, we were thrilled to have paved the way with the Canadian securities regulators to launch these Canadian-listed triple-leveraged index ETFs -- something we know active Canadian investors have been waiting for," said Steve Hawkins, chief executive officer of LongPoint. "Imitation is a form of flattery, and seeing a competitor replicate our product concept shows the demand we've helped create. Product competition is healthy and almost always benefits investors: It drives innovation, lowers costs, improves quality and increases choice. We also recognize that management fees matter -- even for short-term hold ETFs like these -- which is why we're reducing our effective management fee on SPYU, SPYD, QQQU and QQQD starting today."

"Leveraging some of the most widely recognized underlying indexes and showing early signs of strong market acceptance, we anticipate these rebated ETFs will resonate with active Canadian investors -- an opportunity we've highlighted by offering a significant rebate on their management fees," added Mr. Hawkins.

The rebated ETFs are described in an attached table.

The rebated 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).

LongPoint's suite of MegaLong and MegaShort ETFs were the first Canadian-domiciled products of their kind -- available in Canadian dollars and listed on a domestic stock exchange -- designed for sophisticated, active Canadian investors looking to capitalize on short-term market movements. Because these ETFs are typically held for only brief periods of time, the management fees paid by investors are minimal. For example, if you had invested $10,000 in one of the rebated ETFs prior to today, when the annual management fee was 1.55 per cent, the management fee cost to you for holding it for 24 hours would have been approximately 42 cents. With the new effective management fee of 0.65 per cent (after the rebate), the management fee cost for that same 24-hour holding period would now be just 18 cents.

LongPoint is one of the newest entrants into the Canadian ETF marketplace, built by a team of experts with over 70 years of combined experience in designing, building and launching specialized ETFs -- including leveraged ETFs -- tailored for Canadian investors. LongPoint is a Canadian-owned and Canadian-operated company created to be a distinctive asset manager and deliver innovative ETF solutions designed to enhance your Canadian investing journey.

About LongPoint Asset Management Inc.

LongPoint Asset Management delivers innovative ETF solutions designed to enhance Canadian investing journeys. With over 70 years of combined expertise in the ETF market, LongPoint's dedicated team leverages deep industry connections and local insights to design, build and launch exceptional ETFs tailored for Canadian investors.

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