Dream Unlimited Corp.'s Interest in Dream Impact Trust Deemed to Have Increased

Executive Summary

• Dream Asset Management Corp. (DAM) acquired an additional 450,000 units of Dream Impact Trust, increasing its stake to approximately 40.2% of the outstanding units.
• The acquisition was made in lieu of asset‑management fees under the existing Management Agreement and a prior Letter Agreement covering fees for 2024‑2026.
• The transaction is disclosed pursuant to NI 62‑103 early‑warning requirements and will be filed on Dream Impact’s SEDAR+ profile.

Key Details

• Units Acquired: 450,000 units of Dream Impact Trust (TSX: MPCT.UN).
• Post‑Transaction Ownership: DAM and its joint actors now hold 7,417,526 units (~40.2% of total outstanding units), up from 6,967,526 units (~37.8%).
• Consideration: Acquisition was made in settlement of asset‑management fees payable to DAM under the Management Agreement; no cash changed hands.
• Related Agreements:
• Management Agreement between Dream Unlimited Corp. and Dream Impact (NI 62‑103 filing required).
• Letter Agreement authorizing issuance of 1,800,000 units to DAM for base management and acquisition fees covering Jan 1 2024 – Dec 31 2026 (subject to extension options).
• Approval: The unit issuance was approved by Dream Impact unitholders on June 12 2024 and cleared by the Toronto Stock Exchange.
• Future Flexibility: DAM may increase or decrease its holdings of Dream Impact units on a continuing basis, per its investment evaluation policy.
• Reporting: A detailed report related to this transaction will be filed on Dream Impact’s SEDAR+ profile; contact Robert Hughes (General Counsel) for the filing.

Notable Quotes

(No direct quotes were provided in the release.)