Company Announcements

REX’s suite of Equity Premium Income ETFs to move from monthly to weekly distribution frequency

MIAMI--(BUSINESS WIRE)--May 20, 2026-- REX Shares (“REX”), a leading provider of innovative exchange-traded products, today announced a change in the distribution frequency for its suite of Equity Premium Income ETFs: the REX FANG & Innovation Equity Premium Income ETF (Nasdaq: FEPI), the REX AI Equity Premium Income ETF (Nasdaq: AIPI), and the REX Crypto Equity Premium Income ETF (Nasdaq: CEPI). The Funds will transition from a monthly to a weekly distribution schedule beginning May 28, 2026.

Impact on the May 28, 2026 Distribution

In connection with the transition to a weekly distribution cadence, the distribution payable on or about May 28, 2026 is expected to reflect a shorter accrual period than a typical monthly distribution. As a result, the May 28, 2026 distribution and subsequent distributions are expected to be smaller in per-share amount than recent monthly distributions for FEPI, AIPI, and CEPI.

About the EPI Suite

The Equity Premium Income suite (FEPI, AIPI, CEPI) is designed to harvest income from elevated volatility in baskets of high-growth, high-volatility names across big tech, AI, and crypto equities. Each Fund holds the stocks within a defined index and writes out-of-the-money calls on the individual names rather than on the broad index, allowing the strategy to capture single-stock volatility premiums. The Funds distribute payouts to investors without the need for K-1 forms.

FEPI applies the strategy to FANG and innovation-leading equities, AIPI to leading artificial intelligence companies, and CEPI to crypto-related equities.

“We’ve seen meaningful investor interest in more frequent income across our broader income lineup, and we’re extending that cadence to the EPI suite,” said Greg King, CEO & Founder of REX Shares. “Moving FEPI, AIPI, and CEPI to a weekly distribution schedule is designed to give investors more frequent income potential and aligns these funds with the rest of REX’s income ETF lineup.”

About REX Shares

REX Shares offers a suite of exchange-traded products built for both active traders and long-term investors, spanning income, thematic, and leveraged strategies. Whether making short-term trades, generating income from volatility, or investing in digital assets and emerging themes like drones, REX empowers investors to act on strong market views.

For more information, please visit www.rexshares.com

Important Risks

Investing in the Funds involves a high degree of risk. As with any investment, there is a risk that you could lose all or a portion of your investment in the Funds.

An investor should carefully consider a Fund’s investment objective, risks, charges, and expenses before investing. A Fund’s prospectus and summary prospectus contain this and other information about REX Shares. To obtain a Fund’s prospectus and summary prospectus call 844-802-4004. A Fund’s prospectus and summary prospectus should be read carefully before investing.

THE FUNDS, TRUST, ADVISER, AND SUB-ADVISER ARE NOT AFFILIATED WITH THE FUND’S UNDERLYING SECURITIES.

The Fund’s investment exposure is concentrated in the same industries as that assigned to the underlying securities. Some or all of these risks may adversely affect the Fund’s net asset value (“NAV”) per share, trading price, yield, total return, and/or ability to meet its investment objective.

The value of the Funds, which focuses on underlying securities in the technology sector, may be more volatile than a more diversified pooled investment or the market as a whole and may perform differently from the value of a more diversified pooled investment or the market as a whole.

Call Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s call writing strategy will impact the extent that the Fund participates in the positive price returns of the underlying reference securities and, in turn, the Fund’s returns, both during the term of the sold call options and over longer time period.

Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current monthly income. There is no assurance that the Fund will make a distribution in any given month. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next. Additionally, the monthly distributions, if any, may consist of returns of capital, which would decrease the Fund’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment.

Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

NAV Erosion Risk Due to Distributions. When the Fund makes a distribution, the Fund’s NAV will typically drop by the amount of the distribution on the related ex-dividend date. The repeated payment of distributions by the Fund, if any, may significantly erode the Fund’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment.

Funds distributed by: Foreside Fund Services, LLC, not affiliated with Rex Shares, LLC, or its affiliates.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260520391072/en/

For media inquiries, please contact:
Gregory Agency for REX
rexfin@gregoryagency.com

Source: REX Shares