PACF Purpose Active Conservative Fund

Purpose Investments Inc. (“Purpose”) today announced the final annual distributions of income and capital gains for its open-end exchange-traded funds structured as mutual fund trusts (the “Funds”) with a December 15, 2024 tax year-end. The distributions represent income earned and capital gains realized by the Funds during the year.

Details of the per unit distribution amounts are as follows:

Final Annual Distributions of Income

Purpose Mutual Fund Trusts	Ticker Symbol	Exchange	Final Annual Income Distribution Per Unit	NAV per Unit as ofDec 19, 2024	Final Distribution (% of Dec 19, 2024 NAV)		Distribution Type(Cash or Notional)
Purpose Global Flexible Credit Fund – ETF Units	FLX	TSX	$ 0.1800	$ 7.37	2.44	%	Cash
Purpose Global Flexible Credit Fund – ETF Non-Currency Hedged Units	FLX.B	TSX	$ 0.2250	$ 9.19	2.45	%	Cash
Purpose Global Flexible Credit Fund – ETF Non-Currency Hedged USD Units	FLX.U	TSX	US $ 0.1500	US $ 6.16	2.44	%	Cash

ETF Series unitholders of record at the close of business on December 31, 2024 will receive the 2024 annual income distributions on January 7, 2025. The ex-distribution date for the 2024 annual income distributions will be December 31, 2024. Purpose expects to announce the final year-end notional distribution of income for Purpose Specialty Lending Trust on or about January 24, 2025, if necessary.

Final Annual Capital Gains – Notional Distributions

Purpose Mutual Fund Trusts	Ticker Symbol	Exchange	Final Annual Capital Gain Distribution Per Unit	NAV per Unit as of Dec 19, 2024	Final Distribution (% of Dec 19, 2024 NAV)		Distribution Type(Cash or Notional)
Berkshire Hathaway (BRK) Yield Shares Purpose ETF – ETF Units	BRKY	Cboe Canada	$ 0.5200	$ 26.44	1.97	%	Notional
Alphabet (GOOGL) Yield Shares Purpose ETF – ETF Units	YGOG	Cboe Canada	$ 0.3050	$ 36.22	0.84	%	Notional
Purpose Bitcoin Yield ETF – ETF Units	BTCY	TSX	$ 0.7150	$ 8.72	8.20	%	Notional
Purpose Bitcoin Yield ETF – ETF Non-Currency Hedged Units	BTCY.B	TSX	$ 0.8800	$ 10.69	8.23	%	Notional
Purpose Bitcoin Yield ETF – ETF Non-Currency Hedged USD Units	BTCY.U	TSX	US $ 0.6950	US $ 8.47	8.20	%	Notional
Purpose Ether Yield ETF – ETF Units	ETHY	TSX	$ 0.3730	$ 3.92	9.51	%	Notional
Purpose Ether Yield ETF – ETF Non-Currency Hedged Units	ETHY.B	TSX	$ 0.4950	$ 5.21	9.49	%	Notional
Purpose Ether Yield ETF – ETF Non-Currency Hedged USD Units	ETHY.U	TSX	US $ 0.3650	US $ 3.84	9.50	%	Notional

The annual capital gains distributions for the funds listed in table above will be paid as notional distributions. With a notional distribution, the units issued from the distribution are immediately consolidated with the units held prior to the distribution. The number of units held after the distribution is therefore identical to the number of units held before the distribution.

Purpose confirms that the notional capital gain distributions will be applied to ETF holders of record as at the close of business on December 23, 2024. The ex-distribution date for the notional capital gain distributions will be December 23, 2024.

Final Annual Capital Gains – Cash Distributions

Purpose Mutual Fund Trusts	Ticker Symbol	Exchange	Final Annual Capital Gain Distribution Per Unit	NAV per Unit as of Dec 19, 2024	Final Distribution (% of Dec 19, 2024 NAV)		Distribution Type(Cash or Notional)
Purpose Active Balanced Fund – ETF Units	PABF	TSX	$ 0.5800	$ 23.47	2.47	%	Cash
Purpose Active Conservative Fund – ETF Units	PACF	TSX	$ 0.2900	$ 22.94	1.26	%	Cash
Purpose Active Growth Fund – ETF Units	PAGF	TSX	$ 0.3750	$ 24.48	1.53	%	Cash

The respective unitholders of record on December 31, 2024 for the funds listed in the table above will receive the 2024 annual cash distributions on January 7, 2025. The ex-dividend date for the 2024 annual distributions for these ETFs (Purpose Active Balanced Fund – ETF Units, Purpose Active Growth Fund – ETF Units, and Purpose Active Conservative Fund – ETF Units) will be December 31, 2024.

The actual breakdown of taxable amounts of reinvested and cash distributions for 2024 tax year, including tax factor allocations, will be reported to the brokers through CDS Clearing and Depository Services Inc. in early 2025.

As an update to the press release issued on November 27, 2024, Purpose confirms that Apple (AAPL) Yield Shares Purpose ETF, Amazon (AMZN) Yield Shares Purpose ETF, NVIDIA (NVDA) Yield Shares Purpose ETF, and Microsoft (MSFT) Yield Shares Purpose ETF will not declare a special annual distribution in 2024.

Purpose expects to announce the final year-end distributions for Purpose High Interest Savings Fund – ETF Units, Purpose US Cash Fund – ETF Units, Purpose Cash Management Fund – ETF Units, and Purpose USD Cash Management Fund – ETF Units on or about December 31, 2024, if necessary.

Purpose expects to announce the final annual capital gain distributions for Purpose Fund Corp. and Big Banc Split Corp. on or about January 24, 2025, if necessary. Shareholders of record on January 30, 2025 will receive the annual capital gains distributions on February 5, 2025, and such capital gains will be applicable for the 2025 tax year. The final year-end capital gains distributions for these funds will be paid in cash. Purpose confirms that Purpose Mutual Funds Limited funds will not declare annual capital gain distributions for the 2024 tax year.

About Purpose Investments

Purpose Investments is an asset management company with more than $21 billion under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company.

For further information please contact:Keera HartKeera.Hart@kaiserpartners.com905-580-1257

Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

This press release is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. This press release is not for dissemination in the United States or for distribution to US news wire services.