Dream Unlimited Corp.'s Interest in Dream Impact Trust Deemed to Have Increased

Apr 21, 2023

Dream Unlimited Corp. (TSX:DRM, Financial) (“Dream”)has announced that Dream Asset Management Corporation (“DAM”) acquired 451,316 units (“Units”) of Dream Impact Trust (TSX:MPCT.UN)(“Dream Impact”) in lieu of asset management fees payable to DAM pursuant to the management agreement in respect of Dream Impact (“Management Agreement”), representing approximately 0.7% of the issued and outstanding Units. Prior to the acquisition, DAM and its joint actors owned 22,195,066 Units representing approximately 32.7% of the issued and outstanding Units and, following the acquisition, DAM and its joint actors own 22,646,382 Units representing approximately 33.4% of the issued and outstanding Units. The Units beneficially owned by DAM and its joint actors prior to and after the acquisition on April 21, 2023, include 63,252 Units that are issuable to Mr. Michael J. Cooper, the Chief Responsible Officer of DAM, pursuant to the terms of vested deferred trust units owned by Mr. Cooper under the Deferred Unit Incentive Plan of MPCT in respect of which Mr. Cooper has elected to defer their issuance but which Mr. Cooper is deemed to beneficially own.

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