GCBD Guardian Canadian Bond Fund

Guardian Capital LP announces the following regular cash distributions for the period ending September 30, 2022, in respect of the ETF series of the Guardian Capital funds listed below (the “Guardian Capital ETFs”). In each case, the distribution will be paid on September 29, 2022 to unitholders of record on September 23, 2022. The ex-dividend date in each case is September 22, 2022.

Guardian Capital ETFs	Series of ETF Units	DistributionFrequency	TSX TradingSymbol	Distribution Amount(per ETF Unit)
Guardian Directed Equity Path ETF	Hedged ETF Units	Monthly	GDEP	$0.0746
Guardian Directed Equity Path ETF	Unhedged ETF Units	Monthly	GDEP.B	$0.0684
Guardian Directed Premium Yield ETF	Hedged ETF Units	Monthly	GDPY	$0.1231
Guardian Directed Premium Yield ETF	Unhedged ETF Units	Monthly	GDPY.B	$0.1133
Guardian i3 Global Quality Growth ETF	Hedged ETF Units	Quarterly	GIQG	$01
Guardian i3 Global Quality Growth ETF	Unhedged ETF Units	Quarterly	GIQG.B	$01
Guardian i3 US Quality Growth ETF	Hedged ETF Units	Quarterly	GIQU	$01
Guardian i3 US Quality Growth ETF	Unhedged ETF Units	Quarterly	GIQU.B	$01
Guardian i3 Global REIT ETF	Hedged ETF Units	Quarterly	GIGR	$0.1102
Guardian i3 Global REIT ETF	Unhedged ETF Units	Quarterly	GIGR.B	$0.1102
Guardian Canadian Bond ETF	ETF Units	Quarterly	GCBD	$0.1221
Guardian Canadian Sector Controlled Equity Fund	Unhedged ETF Units	Quarterly	GCSC	$0.1027

About Guardian Capital LPGuardian Capital LP is the manager and portfolio manager of the Guardian Capital Funds and Guardian Capital ETFs, with capabilities that span a range of asset classes, geographic regions and specialty mandates. Additionally, Guardian Capital LP manages portfolios for institutional clients such as defined benefit and defined contribution pension plans, insurance companies, foundations, endowments and investment funds. Guardian Capital LP is a wholly owned subsidiary of Guardian Capital Group Limited and the successor to its original investment management business, which was founded in 1962. For further information on Guardian Capital LP, please call 416-350-8899 or visit www.guardiancapital.com.

About Guardian Capital Group LimitedGuardian Capital Group Limited (Guardian) is a diversified, global financial services company operating in two main business segments: Investment Management and Wealth Management. As at June 30, 2022, Guardian had C$46.9 billion of assets under management and C$27.6 billion of assets under administration, while managing a proprietary investment portfolio with a fair market value of C$651 million. Through its subsidiaries, Guardian provides extensive investment management solutions to institutional and private wealth clients, while offering comprehensive wealth management services to financial advisors in its national mutual fund dealer, securities dealer and insurance distribution network. Founded in 1962, Guardian’s reputation for steady growth, long-term relationships and its core values of trustworthiness, integrity and stability have been key to its success over six decades. Its Common and Class A shares are listed on the Toronto Stock Exchange as GCG and GCG.A, respectively. To learn more about Guardian, visit www.guardiancapital.com.

This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase Guardian Capital ETFs and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (“ETFs”). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on the Toronto Stock Exchange (“TSX”). If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them.

Guardian, Guardian Capital and the Guardian gryphin design are trademarks of Guardian Capital Group Limited, registered in Canada, and are used under license.

1 There is no quarterly distribution for this series of ETF units, in respect of the period ending September 30, 2022.