<img src="https://ml.globenewswire.com/Resource/Download/19a7e954-7248-41af-870d-134d693ac522?size=2" nborder="0" align="left" hspace="5" vspace="5" title="98585_logo_final_black.jpg" alt="New Commerce Split"/>TORONTO, Aug. 19, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> -- New Commerce Split (The "Company") declares a monthly distribution of $0.07500 per share for Capital shareholders (YCM), and its regular monthly distribution of $0.02500 per share ($0.30 annually) for Class I Preferred shareholders (YCM.PR.A), and $0.03125 per share ($0.375 annually) for Class II Preferred shareholders (YCM.PR.B). The Class I Preferreds are paid at an annual rate of 6.00% based on their $5 repayment amount. Class II Preferreds are paid at an annual rate of 7.50% based on their $5 repayment amount. Distributions are payable September 10, 2026 to shareholders on record as at August 31, 2026.  The Company invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution. <table style="border-collapse: collapse; width:99%; border-collapse:collapse ;"><tr><td style="max-width:75%; width:75%; min-width:75%;;vertical-align: middle ; "> </td><td style="max-width:25%; width:25%; min-width:25%;;vertical-align: middle ; "> </td></tr><tr><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: middle ; ">Distribution Details</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; "> </td></tr><tr><td style="vertical-align: middle ; "> </td><td style="vertical-align: middle ; "> </td></tr><tr><td style="vertical-align: middle ; ">Capital Share (YCM)</td><td style="text-align: right ; vertical-align: middle; vertical-align: middle ; ">$0.07500</td></tr><tr><td style="vertical-align: middle ; "> </td><td style="text-align: right ; vertical-align: middle; vertical-align: middle ; "> </td></tr><tr><td style="vertical-align: middle ; ">Class I Preferred Share (YCM.PR.A)</td><td style="text-align: right ; vertical-align: middle; vertical-align: middle ; ">$0.02500</td></tr><tr><td style="vertical-align: middle ; "> </td><td style="text-align: right ; vertical-align: middle; vertical-align: middle ; "> </td></tr><tr><td style="vertical-align: middle ; ">Class II Preferred Share (YCM.PR.B)</td><td style="text-align: right ; vertical-align: middle; vertical-align: middle ; ">$0.03125</td></tr><tr><td style="vertical-align: middle ; "> </td><td style="text-align: right ; vertical-align: middle; vertical-align: middle ; "> </td></tr><tr><td style="vertical-align: middle ; ">Record Date:</td><td style="text-align: right ; vertical-align: middle; vertical-align: middle ; ">August 31, 2026</td></tr><tr><td style="vertical-align: middle ; "> </td><td style="text-align: right ; vertical-align: middle; vertical-align: middle ; "> </td></tr><tr><td style="vertical-align: middle ; ">Payable Date:</td><td style="text-align: right ; vertical-align: middle; vertical-align: middle ; ">September 10, 2026</td></tr><tr><td style="border-bottom: solid black 1pt ; vertical-align: middle ; "> </td><td style="border-bottom: solid black 1pt ; vertical-align: middle ; "> </td></tr><tr><td style="vertical-align: middle ; "> </td><td style="vertical-align: middle ; "> </td></tr></table> Investor Relations: 1-877-478-2372 Local: 416-304-4443 <a href="https://www.globenewswire.com/Tracker?data=BT3d0eJMoDlyQ7aUZjOpWgUMsi-u55MeGQSw28-UlBtoycLOUKUxjFt0f7-GXyHFqhSXSQAMw_bTv8MAyuVv7whb60UWWJZHM9R-4sT3ah4=" rel="nofollow" target="_blank" title="www.commercesplit.com">www.commercesplit.com</a>   <a href="https://www.globenewswire.com/Tracker?data=rNqWorsHeLcOwcw3kj0xVyICy8mxQaemt9i7HMhSVmjPeHUgGuwgZIUjYyvDbuf-BNjfC3283Zgf94nsT6dy6j-UvvC7Sh4GQLDu4I4VcWw=" rel="nofollow" target="_blank" title="info@quadravest.com">info@quadravest.com</a>  <img alt="" src='https://ml.globenewswire.com/media/OTU0MWQwMmMtN2Y1Ny00ZjM2LWFhNTUtOGUxZjk1MzIxYTFiLTExMDI2NjYtMjAyNi0wOC0xOS1lbg==/tiny/New-Commerce-Split.png' referrerpolicy='no-referrer-when-downgrade' />

GlobeNewswire Inc.

Commerce Split Monthly Payments Declared for Capital Share and Preferred Shares

Latest news from the world of business and finance – both local and global

MONEY FM 89.3 is Singapore's first and only Business and Personal Finance station, featuring local and international business and financial news.

MONEY FM 89.3

Discover newsletters from our DJs on LinkedIn