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

TORONTO, Sept. 10, 2024 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. (the “Company”) announces that it has renewed its at-the-market share program (“ATM Program”), which allows the Company to issue shares of the Company to the public from time to time at its sole discretion, effective until October 9, 2026, unless terminated by the Company prior to such date. This ATM Program replaces the prior program which was established and terminated in March 2024. All Class A Shares or Preferred Shares sold under the ATM Program will be sold on the Toronto Stock Exchange (“TSX”) or any other marketplace in Canada on which the Class A Shares and Preferred Shares are listed, quoted or otherwise traded at the prevailing market price at the time of sale. Sales of Class A shares and preferred shares through the ATM Program will be made pursuant to the terms of a share distribution agreement, dated September 9, 2024, with National Bank Financial Inc. (the “Agent”).

The sale of Class A shares and preferred shares will be made by way of “market distribution” as defined in National Instrument 44-102. Shelf distribution on the TSX or any marketplace for the Class A Shares and Preferred Shares in Canada. Because the Class A Shares and Preferred Shares will be distributed at market prices prevailing at the time of sale, prices may vary between purchasers during the distribution period. The ATM Program is being offered pursuant to a prospectus supplement dated September 9, 2024, to the Company’s short form prospectus dated September 6, 2024. The maximum gross proceeds from the issuance of the Shares will be $600,000,000. Copies of the prospectus supplement and the short form prospectus may be obtained from your registered financial advisor using such advisor’s contact information or from representatives of the agent and are available on SEDAR at. www.sedar.com.