Approval of FIS Bright Portfolios Focused Equity ETF Reorganization

Group 1 - The FIS Bright Portfolios Focused Equity ETF (NYSE: BRIF) has reconvened a special meeting of shareholders to approve a reorganization into FIS Trust, as recommended by the Fund's Board of Trustees [1] - Shareholders have approved the reorganization, which is expected to be completed around February 23, 2026, pending customary closing conditions [1] - The reorganization will be based on the relative net asset values of the Fund's shares at the time and is anticipated to be a non-taxable event [1] Group 2 - The press release clarifies that it does not constitute an offer to purchase or sell shares of BRIF, nor is it soliciting proxies from shareholders [1] - Detailed information regarding the reorganization will be available in the final registration statement, including the definitive proxy statement/prospectus declared effective by the U.S. Securities and Exchange Commission [1] - Fund shareholders are encouraged to read the proxy statement/prospectus for important information about the proposed reorganization [1]