Canadian Life Companies Split Corp. Preferred Dividend Declared

Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.06667 for each Preferred share ($0.800 annually). Distributions are payable September 8, 2023 to shareholders on record as at August 31, 2023.

There will not be a distribution paid to the Class A Shares for August 31, 2023 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $15.00.

Since inception Class A shareholders have received a total of $7.65 per share and Preferred shareholders have received a total of $11.02 per share inclusive of this distribution, for a combined total of $18.67 per unit.

The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.

Distribution Details
Preferred Share (LFE.PR.B)	$0.06667
Record Date:	August 31, 2023
Payable Date:	September 8, 2023

Investor Relations: 1-877-478-2372

Local: 416-304-4443

www.lifesplit.com

[e-mail]