Dividend 15 Split Corp. II (the “Company”) has filed a final short form base shelf prospectus dated June 18, 2025, permitting it to offer and issue up to $900 million in Preferred Shares and Class A Shares over the next 25 months. The aggregate amount is stated in Canadian dollars. These shares will only be issued in equal numbers as paired “Units,” ensuring parity between the two share classes. This base shelf prospectus may also be used to qualify “at-the-market distributions” as defined under National Instrument 44-102.

The Preferred Shares (TSX: DF.PR.A) are designed to provide fixed cumulative monthly dividends of $0.05833, representing a 7.00% annual yield based on the original issue price. Class A Shares (TSX: DF) target monthly distributions of $0.10, contingent upon the company's net asset value exceeding certain thresholds. The Company invests in a portfolio of 15 high-quality Canadian dividend-paying companies, including Royal Bank of Canada, Enbridge Inc., BCE Inc., and Toronto-Dominion Bank.

The offering is managed by Quadravest Capital Management Inc., while Computershare serves as registrar and transfer agent. RBC Dexia Trust acts as custodian, and PricewaterhouseCoopers LLP is the Company’s auditor. Legal matters related to the offering will be handled by Blake, Cassels & Graydon LLP, which confirms its lawyers hold less than 1% of the Company’s outstanding securities as of the filing date