Horizons ETFs Announces June 2021 Distributions for Certain ETFs

^* Based on the applicable June 22, 2021, net asset value per unit, which is available at www.HorizonsETFs.com.

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Distributions for Horizons Marijuana Life Sciences Index ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded ticker HMMJ.U. The approximate U.S. dollar equivalent distribution rate for HMMJ.U is $0.01775 per unit. For unitholders who hold the U.S. dollar traded HMMJ.U, distribution payments will typically be converted to U.S. dollars by the unitholder's account holder.

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Distributions for Horizons US Marijuana Index ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded ticker HMUS.U. The approximate U.S. dollar equivalent distribution rate for HMUS.U is $0.01028 per unit. For unitholders who hold the U.S. dollar traded HMUS.U, distribution payments will typically be converted to U.S.dollars by the unitholder's account holder. Distributions are being reviewed at least quarterly but they are declared at the discretion of Horizons ETFs and may not be announced with a set frequency.

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Distributions for Horizons Big Data & Hardware Index ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded ticker HBGD.U. The approximate U.S. dollar equivalent distribution rate for HBGD.U is $0.20608 per unit. For unitholders who hold the U.S. dollar traded HBGD.U, distribution payments will typically be converted to U.S.dollars by the unitholder's account holder. Distributions are being reviewed at least quarterly but they are declared at the discretion of Horizons ETFs and may not be announced with a set frequency.

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Distributions for the Horizons Active Ultra-Short Term US Investment Grade Distributions are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker HUF. The approximate Canadian dollar equivalent distribution rate for HUF is $0.00779 per unit. For unitholders who hold the Canadian dollar-traded HUF, distribution payments will typically be converted to Canadian dollars by the unitholder's account holder.