Ninepoint Shopify HighShares ETF

*Management fees on Ninepoint HighShares ETFs will be reduced to 0% until February 28, 2026. As of March 1, 2026 the management fee will be 0.29%.

**All logos, trademarks, and brand names are the property of their respective owners. Their use is for identification purposes only and does not imply any endorsement or affiliation.

The Fund is generally exposed to the following risks: Absence of an active market for ETF Shares risk; Borrowing risk; Capital gains risk; Collateral risk; Concentration risk; Covered call strategy risk; Cybersecurity risk; Derivatives risk; Equity investment risk; Exchange risk; Halted trading of ETF Shares risk; Inflation risk; Interest rate risk; Large capitalization issuer risk; Leverage risk; Market risk; Mutual fund corporation risk; No ownership risk; Passive Canadian Public Issuer investment risk; Performance risk; Regulatory risk; Risks associated with an investment in a Canadian Public Issuer; Specific issuer risk; Tax risk; Trading price of ETF Shares risk.

The ETFs do not have a fixed distribution amount. The amount of monthly distributions may fluctuate monthly, quarterly or annually, as applicable, and there can be no assurance that the ETFs will make any distribution in any particular period or periods. The amount of ordinary cash distributions, if any, will be based on the Manager’s assessment of the prevailing market conditions. The amount of distributions may vary if there are changes in any of the factors that affect the net cash flow on the portfolio of an ETF, including the amount of leverage employed by the ETFs. The amount and date of any ordinary cash distributions of the ETFs will be announced in advance by issuance of a press release. Subject to compliance with the investment objectives of the ETFs, the Manager may, in its complete discretion, change the frequency of these distributions and any such change will be announced by press release. Each ETF intends to pay monthly distributions based on its ability to generate monthly cash flows from writing covered call options and any dividends received on the Portfolio Securities held in such ETF’s portfolio, as applicable. The Manager will review the level of distributions for each ETF on a quarterly basis to consider the sustainability of such distributions.

Ninepoint Partners LP is the investment manager to the Ninepoint HighShares ETFs (collectively, the “Funds”). Commissions, trailing commissions, management fees, performance fees (if any), and other expenses all may be associated with investing in the Funds. Please read the prospectus carefully before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. This communication does not constitute an offer to sell or solicitation to purchase securities of the Funds.

The information contained herein does not constitute an offer or solicitation by anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should contact their financial advisor to determine whether securities of the Funds may be lawfully sold in their jurisdiction.

Ninepoint Partners LP: Toll Free: 1.866.299.9906. Dealer Services: CIBC Mellon GSSC Record Keeping Services: Toll Free: 1.877.358.0540

*Management fees on Ninepoint HighShares ETFs will be reduced to 0% until February 28, 2026. As of March 1, 2026 the management fee will be 0.29%.

**All logos, trademarks, and brand names are the property of their respective owners. Their use is for identification purposes only and does not imply any endorsement or affiliation.

The Fund is generally exposed to the following risks: Absence of an active market for ETF Shares risk; Borrowing risk; Capital gains risk; Collateral risk; Concentration risk; Covered call strategy risk; Cybersecurity risk; Derivatives risk; Equity investment risk; Exchange risk; Halted trading of ETF Shares risk; Inflation risk; Interest rate risk; Large capitalization issuer risk; Leverage risk; Market risk; Mutual fund corporation risk; No ownership risk; Passive Canadian Public Issuer investment risk; Performance risk; Regulatory risk; Risks associated with an investment in a Canadian Public Issuer; Specific issuer risk; Tax risk; Trading price of ETF Shares risk.

The ETFs do not have a fixed distribution amount. The amount of monthly distributions may fluctuate monthly, quarterly or annually, as applicable, and there can be no assurance that the ETFs will make any distribution in any particular period or periods. The amount of ordinary cash distributions, if any, will be based on the Manager’s assessment of the prevailing market conditions. The amount of distributions may vary if there are changes in any of the factors that affect the net cash flow on the portfolio of an ETF, including the amount of leverage employed by the ETFs. The amount and date of any ordinary cash distributions of the ETFs will be announced in advance by issuance of a press release. Subject to compliance with the investment objectives of the ETFs, the Manager may, in its complete discretion, change the frequency of these distributions and any such change will be announced by press release. Each ETF intends to pay monthly distributions based on its ability to generate monthly cash flows from writing covered call options and any dividends received on the Portfolio Securities held in such ETF’s portfolio, as applicable. The Manager will review the level of distributions for each ETF on a quarterly basis to consider the sustainability of such distributions.

Ninepoint Partners LP is the investment manager to the Ninepoint HighShares ETFs (collectively, the “Funds”). Commissions, trailing commissions, management fees, performance fees (if any), and other expenses all may be associated with investing in the Funds. Please read the prospectus carefully before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. This communication does not constitute an offer to sell or solicitation to purchase securities of the Funds.

The information contained herein does not constitute an offer or solicitation by anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should contact their financial advisor to determine whether securities of the Funds may be lawfully sold in their jurisdiction.

Ninepoint Partners LP: Toll Free: 1.866.299.9906. Dealer Services: CIBC Mellon GSSC Record Keeping Services: Toll Free: 1.877.358.0540

*Management fees on Ninepoint HighShares ETFs will be reduced to 0% until February 28, 2026. As of March 1, 2026 the management fee will be 0.29%.

**All logos, trademarks, and brand names are the property of their respective owners. Their use is for identification purposes only and does not imply any endorsement or affiliation.

The Fund is generally exposed to the following risks: Absence of an active market for ETF Shares risk; Borrowing risk; Capital gains risk; Collateral risk; Concentration risk; Covered call strategy risk; Cybersecurity risk; Derivatives risk; Equity investment risk; Exchange risk; Halted trading of ETF Shares risk; Inflation risk; Interest rate risk; Large capitalization issuer risk; Leverage risk; Market risk; Mutual fund corporation risk; No ownership risk; Passive Canadian Public Issuer investment risk; Performance risk; Regulatory risk; Risks associated with an investment in a Canadian Public Issuer; Specific issuer risk; Tax risk; Trading price of ETF Shares risk.

The ETFs do not have a fixed distribution amount. The amount of monthly distributions may fluctuate monthly, quarterly or annually, as applicable, and there can be no assurance that the ETFs will make any distribution in any particular period or periods. The amount of ordinary cash distributions, if any, will be based on the Manager’s assessment of the prevailing market conditions. The amount of distributions may vary if there are changes in any of the factors that affect the net cash flow on the portfolio of an ETF, including the amount of leverage employed by the ETFs. The amount and date of any ordinary cash distributions of the ETFs will be announced in advance by issuance of a press release. Subject to compliance with the investment objectives of the ETFs, the Manager may, in its complete discretion, change the frequency of these distributions and any such change will be announced by press release. Each ETF intends to pay monthly distributions based on its ability to generate monthly cash flows from writing covered call options and any dividends received on the Portfolio Securities held in such ETF’s portfolio, as applicable. The Manager will review the level of distributions for each ETF on a quarterly basis to consider the sustainability of such distributions.

Ninepoint Partners LP is the investment manager to the Ninepoint HighShares ETFs (collectively, the “Funds”). Commissions, trailing commissions, management fees, performance fees (if any), and other expenses all may be associated with investing in the Funds. Please read the prospectus carefully before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. This communication does not constitute an offer to sell or solicitation to purchase securities of the Funds.

The information contained herein does not constitute an offer or solicitation by anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should contact their financial advisor to determine whether securities of the Funds may be lawfully sold in their jurisdiction.

Ninepoint Partners LP: Toll Free: 1.866.299.9906. Dealer Services: CIBC Mellon GSSC Record Keeping Services: Toll Free: 1.877.358.0540