CI Global Asset Management Announces Distribution Change for Six Covered Call ETFs and Mutual Funds

CI Global Asset Management (“CI GAM”) announced today that it is changing the distribution frequency of six covered call ETFs and mutual funds (the “Funds”) to monthly from quarterly.

The affected Funds are:

• CI Energy Giants Covered Call ETF (TSX: NXF, NXF.B, NXF.U)
• CI Energy Giants Covered Call Fund
• CI Gold+ Giants Covered Call ETF (TSX: CGXF, CGXF.U)
• CI Gold+ Giants Covered Call Fund
• CI Tech Giants Covered Call ETF (TSX: TXF, TXF.B, TXF.U)
• CI Tech Giants Covered Call Fund .

Effective this month, the Funds will pay variable distributions of net income, dividends and capital gains, if any, on a monthly basis. The change aligns the Funds with CI GAM’s other covered call ETFs and mutual funds, which already pay distributions monthly. CI GAM believes that monthly distributions benefit investors who invest in covered call funds as a source of regular income.

CI GAM’s covered call ETFs generate additional yield through a call option writing strategy. Each month, covered calls are written on approximately 25% of the portfolio, an approach that produces additional monthly income while maintaining exposure to a majority of the capital gains potential of the underlying securities. This strategy is suitable for investors seeking tax-efficient income and capital appreciation potential with lower volatility.

CI GAM’s covered call suite consists of eight ETFs and six mutual funds . The ETFs include one fixed-income mandate and seven equity mandates that focus on specific industry sectors. Five mutual funds invest in units of their respective sector ETFs, while CI Multi-Sector Covered Call Fund invests in units of the seven equity covered call ETFs to create a well-diversified covered call portfolio.

Distribution information for each CI GAM fund is posted on ci.com while the distributions for the CI ETFs are also announced by press release each month.

About CI Global Asset Management

CI Global Asset Management (“CI GAM”) is one of Canada’s leading investment management firms, providing a comprehensive suite of solutions – including mutual funds, exchange-traded funds and alternative investments – to help Canadians achieve their financial goals. Founded in 1965, CI GAM has built an enduring legacy of innovation, disciplined portfolio management and commitment to investor success. Our investment team brings deep expertise in fundamental research, portfolio construction and risk management to deliver results across a broad range of asset classes. We partner with financial advisors, wealth management firms and institutions to serve more than 1.3 million investors. CI GAM is a subsidiary of Toronto-based CI Financial Corp ., a diversified global asset and wealth management company. For more information, visit www.ci.com or follow us on LinkedIn .

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund and exchange-traded fund (ETF) investments. Please read the prospectus before investing. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on recognized Canadian exchanges. If the units are purchased or sold on these Canadian exchanges, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them. Returns of the Index do not represent the ETF’s returns.

Distributions are not guaranteed and may fluctuate over time. They may include income, capital gains, and/or return of capital. Any distribution in excess of the fund’s cumulative income since inception represents a return of capital. Return of capital should not be confused with yield or performance. Distribution amounts are determined periodically based on factors such as market conditions, fund expenses, and portfolio returns. Unless requested otherwise, distributions will be reinvested. Please refer to the prospectus for full details, including the distribution policy and income tax considerations.

This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase mutual funds managed by CI Global Asset Management and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Every effort has been made to ensure that the material contained in this document is accurate at the time of publication. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment. Investors should consult their professional advisors prior to implementing any changes to their investment strategies. These investments may not be suitable to the circumstances of an investor.

The CI Exchange-Traded Funds are managed by CI Global Asset Management, a wholly owned subsidiary of CI Financial Corp.

CI Global Asset Management is a registered business name of CI Investments Inc.

©CI Investments Inc. 2026. All rights reserved.

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