FFN North American Financial 15 Split Corp

North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.06458 for each Preferred share ($0.775 annually). Distributions are payable November 10, 2023 to shareholders on record as at October 31, 2023.

There will not be a distribution paid to the Class A Shares for October 31, 2023 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $15.00.

Since inception Class A shareholders have received a total of $16.04 per share and Preferred shareholders have received a total of $10.60 per share inclusive of this distribution, for a combined total of $26.65.

The Company invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

Distribution Details
Preferred Share (FFN.PR.A)	$0.06458
Record Date:	October 31, 2023
Payable Date:	November 10, 2023

Investor Relations: 1-877-478-2372 Local: 416-304-4443 www.financial15.com info@quadravest.com