GLOBAL X ETFS ANNOUNCES SHARE CONSOLIDATIONS AND SPLITS

Executive Summary of Announcement

• Global X Investments Canada Inc. announced share consolidations for five ETFs and share splits for three ETFs, including SLVU (BetaPro Silver 2x Daily Bull ETF).
• The specific action for SLVU is a 3:1 share split effective May 25, 2026.
• Record date is May 21, 2026; payment date is May 22, 2026; trading commences May 25, 2026.
• The split reduces the NAV per share and investor cost per share by a ratio of 3:1 but results in no change to the total value of the position for shareholders.
• Fractional shares will be rounded down or up based on standard procedures; no fractional interest is issued below 0.5.

Value Impact Analysis

• The share split is an administrative action designed to improve liquidity and accessibility for retail investors by lowering the per-share price post-split (approx. $34).
• There is no intrinsic change to the Net Asset Value (NAV) or total market capitalization of the fund; therefore, it does not materially alter investment thesis based on fundamentals alone.
• The split typically occurs after a significant run-up in share price, which aligns with the observed 10x increase from May 2025 lows to January 2026 highs.

Entity Structure

• Entity: Global X Investments Canada Inc. (Issuer of BetaPro ETFs).
• Product Type: Exchange Traded Fund (ETF), specifically a Leveraged Daily Bull ETF on Silver.
• Flagship Project: N/A - This is an investment vehicle, not an operating company with mining projects or exploration assets.