Financial 15 Split Corp. At-The-Market Equity Program Renewed

Executive Summary

• Financial 15 Split Corp. renewed its at‑the‑market equity program, effective until February 21 2028, replacing the prior program that terminated in December 2023.
• The new ATM program permits issuance of Class A and Preferred Shares on a discretionary basis with a maximum aggregate gross proceeds ceiling of $400 million.
• Proceeds will be used to fund the Company’s investment objectives within its portfolio of Canadian and U.S. financial‑services issuers.

Key Details

• The ATM program is governed by an equity distribution agreement dated January 21 2026 with National Bank Financial Inc. (the “Agent”).
• Shares will be sold on the Toronto Stock Exchange or any other Canadian marketplace where they are listed, at prevailing market prices; pricing may vary among purchasers during the distribution period.
• The program is offered pursuant to a prospectus supplement dated January 21 2026, which amends the Company’s short‑form base shelf prospectus dated January 20 2026.
• Maximum gross proceeds: $400,000,000 from the issuance of Class A and Preferred Shares.
• The volume and timing of any distributions are at the sole discretion of Financial 15 Split Corp.
• Use of proceeds: to be applied in accordance with the Company’s stated investment objectives and strategies for its high‑quality portfolio of financial services companies (including major Canadian banks, U.S. banks, and insurance firms).
• The prospectus supplement and short‑form base shelf prospectus are available on SEDAR+; copies can also be obtained through registered financial advisors or the Agent.

Notable Quotes

(No executive quotes were included in the release.)