Canadian Life Companies Split Corp. At-The-Market Equity Program Renewed

Core Viewpoint - Canadian Life Companies Split Corp. has renewed its at-the-market equity program, allowing the issuance of shares until June 1, 2026, unless terminated earlier [1][2]. Group 1: ATM Program Details - The renewed ATM Program replaces the previous program established in May 2024 and allows the Company to issue Class A Shares and Preferred Shares at prevailing market prices [1][2]. - The maximum gross proceeds from the issuance of shares under the ATM Program will be $140,000,000 [2]. - Sales will be conducted through the Toronto Stock Exchange or other Canadian marketplaces, with the timing and volume of distributions determined at the Company's discretion [2][3]. Group 2: Investment Strategy - The Company invests in an actively managed portfolio primarily consisting of four publicly traded Canadian life insurance companies: Great‐West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc. [4].