Desjardins Investments Makes Changes to Its Mutual Fund Lineup

Desjardins Investments Inc. (“DI”), as manager of the Desjardins Funds, announces changes to its mutual fundlineup. These changes, described in detail below, include changes to the pricing model of W-Class Units and changes to the investment strategies of certain Desjardins Funds and Portfolios.

DI regularly reviews its mutual fund's offer to ensure they continue to meet the evolving investment needs of financial advisors and investors.

— Changes to the pricing of W-Class Units

Effective February 1, 2026 (the “Effective Date”), DI intends to make changes to the pricing of W-Class Units. As a result, the management fees and fixed administrative fees, which are currently negotiated and paid directly by the investor's representative firm, will henceforth be borne directly by the Funds offering this class of units. This adjustment will result in a reduction in the investor's investment in the affected Fund. Unitholders affected by this change will be notified at least 60 days prior to the Effective Date.

The following table shows the management fees and fixed administrative fees applicable1 to eachDesjardins Fund offering W-Class Units.

NAME OF THE DESJARDINS FUND MANAGEMENT FEES FIXED ADMINISTRATIVE FEES TOTAL FEES(W-Class Units) (%) (%) (%)Desjardins Short-Term Income Fund 0.19 0.14 0.33Desjardins Sustainable Short-Term Income Fund 0.19 0.14 0.33Desjardins Canadian Bond Fund 0.21 0.14 0.35Desjardins Sustainable Canadian Bond Fund 0.21 0.14 0.35Desjardins Canadian Corporate Bond Fund 0.21 0.14 0.35Desjardins Sustainable Canadian Corporate Bond Fund 0.21 0.14 0.35Desjardins Sustainable Environmental Bond Fund 0.39 0.15 0.54Desjardins Sustainable Global Bond Fund 0.53 0.15 0.68Desjardins Global High Yield Bond Fund 0.44 0.15 0.59Desjardins Dividend Growth Fund 0.34 0.17 0.51Desjardins Canadian Equity Income Fund 0.32 0.17 0.49Desjardins Sustainable Canadian Equity Income Fund 0.32 0.17 0.49Desjardins Canadian Equity Fund 0.30 0.17 0.47Desjardins Sustainable Canadian Equity Fund 0.32 0.17 0.49Desjardins Canadian Small Cap Equity Fund 0.47 0.20 0.67Desjardins Sustainable American Equity Fund 0.41 0.18 0.59Desjardins Sustainable American Small Cap Equity Fund 0.56 0.18 0.74Desjardins Low Volatility Global Equity Fund 0.35 0.23 0.58Desjardins Overseas Equity Fund 0.51 0.23 0.74Desjardins International Equity Value Fund 0.46 0.22 0.68Desjardins Sustainable International Equity Fund 0.42 0.22 0.64Desjardins Global Dividend Fund 0.39 0.22 0.61Desjardins Sustainable Global Dividend Fund 0.63 0.22 0.85Desjardins Global Equity Fund 0.41 0.23 0.64Desjardins Global Equity Growth Fund 0.45 0.23 0.68Desjardins Sustainable Diversity Fund 0.41 0.23 0.64Desjardins Sustainable Global Opportunities Fund 0.51 0.23 0.74Desjardins Sustainable Positive Change Fund 0.46 0.23 0.69Desjardins Global Small Cap Equity Fund 0.60 0.23 0.83Desjardins Sustainable Cleantech Fund 0.76 0.23 0.99Desjardins Emerging Markets Fund 0.61 0.21 0.82Desjardins Emerging Markets Opportunities Fund 0.84 0.20 1.04Desjardins Sustainable Emerging Markets Equity Fund 0.44 0.20 0.64Desjardins Market Neutral ETF Fund (formerly Desjardins Alt Long/Short Equity Market Neutral ETF Fund) 1.00 0.15 1.15Desjardins Global Infrastructure Fund 0.71 0.20 0.91Desjardins Global Opportunities Fund 0.42 0.23 0.65

— Changes to the investment strategies of certain Desjardins Funds and Portfolios

DI announces changes to the investment strategies of certain Desjardins Funds in order toadjust the thresholds applicable to investments in high-yield bonds. The adjusted maximum thresholds of net assets that may be invested in high-yield bonds are as follows:

Desjardins Funds Maximum threshold of net assets that may be invested in high-yield bondsDesjardins Enhanced Bond Fund 30%Desjardins Sustainable Environmental Bond Fund 30%Desjardins Global Managed Bond Fund 55%Desjardins Sustainable Global Bond Fund 80%Desjardins Floating Rate Income Fund 80%Desjardins Global Tactical Bond Fund 80%Desjardins Emerging Markets Bond Fund 85%Desjardins Sustainable Emerging Markets Bond Fund 85%

DI also announces changes to the investment strategies of certain Desjardins Portfolios in order toadjust the thresholds applicable to investments in foreign securities. The adjusted maximum thresholds of net assets that may be invested in foreign securities are as follows:

Desjardins Funds Maximum threshold of net assets that may be invested in foreign securitiesDesjardins Active Strategy Conservative Portfolio 35%Desjardins Sustainable Conservative Portfolio 35%Desjardins Conservative ETF Portfolio 35%

The above-mentioned changes will be made subject to approval from the regulatory authorities. DI reserves the right to suspend or defer the implementation of any of these changes to a later date.

About Desjardins Group

Desjardins Groupis the largest cooperative financial group in North America and the sixth largest in the world, with assets of $501.3billion as at June30, 2025. It has been named one of the top employers in Canada by both Forbes magazine and Mediacorp. It has also been recognized as one of the World's Best Banks 2025 by Forbes. The organization has more than 57,200 skilled employees. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, its online platforms, and its subsidiaries across Canada. Ranked among the world's strongest banks according to The Banker magazine, Desjardins has one of the highest capital ratios and one of the highest credit ratings in the industry. In 2025, Desjardins Group is celebrating its 125th anniversary, marking more than a century of focusing its ambitions and expertise on being there for members and clients.

About Desjardins InvestmentsInc.

As the manager of Desjardins Funds and exchange-traded funds (ETFs), Desjardins Investments Inc. is one of the leading investment fund managers in Canada, with CAN$50.1billion in assets under management as at June 30,2025. Desjardins Investments offers a broad range of investment funds to Canadians and stands out in the industry for its roster of internationally recognized fund managers representing more than 20portfolio management firms around the world. Desjardins Investments is also actively engaged in promoting and encouraging responsible investing in Canada.

Desjardins Funds are not guaranteed, their value fluctuates frequently and their past performance is not indicative of their future returns. Commissions, trailing commissions, management fees and expenses may all be associated with mutual fund investments. Please read the prospectus before investing. Desjardins Funds are offered by registered dealers.

Desjardins®, all trademarks containing the word Desjardins, as well as related logos are trademarks of the Fédération des caisses Desjardins du Québec, used under license.

1 The rates listed in the table do not include taxes that apply to the management fees and the fixed administrative fees.

SOURCE Desjardins Group

https://rt.newswire.ca/rt.gif?NewsItemId=C8042&Transmission_Id=202510280900CANADANWWEB______C8042&DateId=20251028