Horizons ETFs Announces November 2023 Distributions For Its Suite Of ETFs

TORONTO – November 23, 2023 – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) is pleased to announce the distribution amounts per security (the “Distributions”) for its exchange traded funds (the “ETFs”), for the period ending November 30, 2023, as indicated in the tables below.

The ex-dividend date for the following Distributions is anticipated to be November 29, 2023.

The ex-dividend date for the following Distributions is anticipated to be November 30, 2023.

The record date for all ETFs will be November 30, 2023. The Distributions for securities of each ETF will be paid in cash or, if the securityholder has enrolled in the respective ETF’s dividend reinvestment plan, reinvested in additional securities of the applicable ETF, on or about December 7, 2023.

⁽¹⁾ Distributions for the Horizons Active Ultra-Short Term US Investment Grade Bond ETF are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker HUF. The approximate Canadian dollar equivalent distribution rate for HUF is $0.05477 per security. For securityholders who hold the Canadian dollar-traded HUF, the securityholder’s account holder will typically convert distribution payments to Canadian dollars.

⁽²⁾ Distributions for the Horizons US Large Cap Equity Covered Call ETF are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker USCC. The approximate Canadian dollar equivalent distribution rate for USCC is $0.16432 per security. For securityholders who hold the Canadian dollar-traded USCC, the securityholder’s account holder will typically convert distribution payments to Canadian dollars.

⁽³⁾ Distributions Horizons Short-Term U.S. Treasury Premium Yield ETF, Horizons Mid-Term U.S. Treasury Premium Yield ETF and Horizons Long-Term U.S. Treasury Premium Yield ETF are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker SPAY, MPAY and LPAY. The approximate Canadian dollar equivalent distribution rate for SPAY is $0.17117 per security, for MPAY is $0.20540 per security and for LPAY is $0.23964 per security. For securityholders who hold the Canadian dollar-traded ticker, SPAY, MPAY and LPAY, the securityholder’s account holder will typically convert distribution payments to Canadian dollars.

⁽⁴⁾ Distributions for the Horizons 0-3 Month U.S. T-Bill ETF are declared and paid in U.S. dollars,

Distributions for the ETFs will vary from period to period. For further information regarding the Distributions, please visit www.HorizonsETFs.com.

About Horizons ETFs Management (Canada) Inc. (www.HorizonsETFs.com)

Horizons ETFs Management (Canada) Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Horizons ETFs product family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Horizons ETFs has more than $28 billion of assets under management and 119 ETFs listed on major Canadian stock exchanges. Horizons ETFs is a wholly owned subsidiary of the Mirae Asset Financial Group, which manages approximately $710 billion of assets across 13 countries around the world.

info@horizonsetfs.com (416) 933-5745 or (866) 641-5739