Life & Banc Split Corp. Announces Successful Preferred Share Offering - Seite 2

⁽¹⁾ See Performance table below. Yield to maturity for the Preferred Share is based on maturity date of October 30, 2028.

A short form base shelf prospectus containing important detailed information about the securities being offered has been filed with securities commissions or similar authorities in each of the provinces and territories of Canada. Copies of the short form base shelf prospectus may be obtained from a member of the syndicate. The Company intends to file a supplement to the short form base shelf prospectus, and investors should read the short form base shelf prospectus and the prospectus supplement before making an investment decision. There will not be any sale or any acceptance of an offer to buy the securities being offered until the prospectus supplement has been filed with the securities commissions or similar authorities in each of the provinces and territories of Canada.

You will usually pay brokerage fees to your dealer if you purchase or sell shares of the Company on the TSX or other alternative Canadian trading system (an “exchange”). If the shares are purchased or sold on an exchange, investors may pay more than the current net asset value when buying shares of the Company and may receive less than the current net asset value when selling them.

There are ongoing fees and expenses associated with owning shares of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the Company in its public filings available at www.sedarplus.ca. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all distributions and do not take into account certain fees such as redemption costs or income taxes payable by any securityholder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

	Life & Banc Split Corp. Compound Annual Returns to September 30, 2023	1-Yr							3-Yr			5-Yr		10-Yr		S.I.
	Preferred Shares (TSX: LBS.PR.A)	5.6%							5.6%			5.5%		5.2%		5.3%
	S&P/TSX Preferred Share Index	(4.5%						)	1.2%			(0.9%	)	0.7%		1.4%

Returns are for the periods ended September 30, 2023, and are unaudited. Inception date October 17, 2006. The table shows the compound return on a Preferred Share for each period indicated compared to the S&P/TSX Preferred Share Index (“Preferred Share Index”). The Preferred Share Index tracks the performance, on a market‑weight basis, of a broad index of preferred shares trading on the TSX that meet the criteria relating to size, liquidity and issuer rating. It is not expected that the performance of the Preferred Shares will mirror that of the Preferred Share Index, which has a more diversified portfolio.