Life & Banc Split Corp. Completes Treasury Offering - Seite 2

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 Fund 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 NAV Returns to March 31, 2024	1-Yr	3-Yr	5-Yr	10-Yr	S.I.
Class A Shares (TSX: LBS)	28.6%	12.4%	16.3%	13.0%	10.6%
Preferred Shares (TSX: LBS.PR.A)	6.3%	5.8%	5.7%	5.3%	5.3%

Returns are for the periods ended March 31, 2024 and are unaudited. Inception date October 17, 2006. The table shows the Fund’s compound return on a Class A Share and Preferred Share for each period indicated. Past performance does not necessarily indicate how the Fund will perform in the future. The information shown is based on the NAV per Class A Share and the redemption price per Preferred Share and assumes that distributions made by the Fund on the Class A Shares and Preferred Shares in the periods shown were reinvested (at the NAV per Class A Share or redemption price per Preferred Share) in additional Class A Shares or Preferred Shares of the Fund, as applicable.

Certain statements contained in this document constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this document and to other matters identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future financial performance of the Fund. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or any applicable exemption from the registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy securities nor will there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful.