CALGARY, Alberta, May 14, 2025 - Alaris Equity Partners Income Trust has announced an increase in the size of its previously announced convertible unsecured senior debentures offering due to excess demand. The Trust will now issue 80,000 debentures, each priced at $1,000, with aggregate gross proceeds expected to be $80 million. The offering, led by a syndicate of underwriters including National Bank Financial Inc., CIBC Capital Markets, and Desjardins Capital Markets, is set to close on or about June 2, 2025. The Trust has also granted the option to purchase up to an additional $12 million aggregate principal amount of debentures. The offering is subject to corporate and regulatory approvals, including the Toronto Stock Exchange's approval. The debentures will not be offered or sold in the United States.