Horizons ETFs Announces September 2023 Distributions For Its Suite Of ETFs

TORONTO – September 22, 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 September 30, 2023, as indicated in the tables below.

The ex-dividend date for the following Distributions is anticipated to be September 28, 2023.

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

The record date for all ETFs will be September 29, 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 October 6, 2023.

⁽¹⁾ Distributions for Horizons Marijuana Life Sciences Index ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded ticker HMMJ.U. The approximate U.S. dollar equivalent distribution rate for HMMJ.U is

$0.07145 per security. For securityholders who hold the U.S. dollar traded HMMJ.U, the securityholder’s account holder will typically convert distribution payments to U.S. dollars.

⁽²⁾ 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 $0.05529 per security. For securityholders who hold the Canadian dollar-traded HUF, the securityholder’s account holder will typically convert distribution payments to Canadian dollars.

⁽³⁾ 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 $0.16182 per security. For securityholders who hold the Canadian dollar-traded USCC, the securityholder’s account holder will typically convert distribution payments to Canadian dollars.

⁽⁴⁾ Distributions for the Horizons US Dollar Currency ETF are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker DLR. The approximate Canadian dollar equivalent distribution rate for DLR is $0.10361 per security. For securityholders who hold the Canadian dollar-traded DLR, the securityholder’s account holder will typically convert distribution payments to Canadian dollars.

⁽⁵⁾  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 $27 billion of assets under management and 110 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