TORONTO, June 03, 2026 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the "Company") announces it has renewed its at-the-market equity program ("ATM Program") that allows the Company to issue shares of the Company to the public from time to time at the Company's discretion, effective until July 2, 2028, unless terminated prior to such date by the Company. This ATM Program replaces the prior program established in October 2025 that has terminated. Any Class A Shares or Preferred Shares sold in the ATM Program will be sold through the Toronto Stock Exchange (the "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 an equity distribution agreement dated June 2, 2026 with National Bank Financial Inc. (the "Agent").

Sales of Class A Shares and Preferred Shares will be made by way of "at-the-market distributions" as defined in National Instrument 44-102 Shelf Distributions on the TSX or on any marketplace for the Class A Shares and Preferred Shares in Canada. ...