Evolve Funds Group Inc. announced that it will terminate the Evolve Metaverse ETF ("MESH" or the "Evolve Fund") on or about March 26, 2024 (the "Termination Date"). The Manager will request the Toronto Stock Exchange ("TSX") to voluntarily de-list the hedged Canadian dollar denominated The Manager will request the Toronto Stock Exchange ("TSX") to voluntarily de-list the hedged Canadian dollar denominated ETF units (the "Units") of the Evolve Fund from TSX on or about March 22, 2024, with all Units still held by investors being subject to a mandatory redemption as of the Termination Date. Effective February 22, 2024, no further subscriptions for Units of the Evolve Fund will be accepted.

Prior to the Termination Date, the Manager will, to the extent reasonably possible, convert the assets of the Evolve Fund to cash and after paying or making adequate provision for all of the Evolve Fund's liabilities, as soon as practicable following the Termination Date distribute the net assets of the Evolve Fund pro-rata among the unitholders of record of the Evolve Fund on the Termination Date.