Notice of Approval – Trading Policies Amendments – Neo Exchange Inc.

Approval of Trading Policies Amendments

In accordance with the Process for the Review and Approval of Rules and the Information Contained in Form 21-101F1 and the Exhibits Thereto, Neo Exchange Inc. (the "Exchange") has adopted, and the Ontario Securities Commission has approved, public interest rule amendments to the Exchange Trading Policies (the "Public Interest Rule Amendments").

On October 19, 2023, the Exchange published for comment Public Interest Rule Amendments in connection with the proposed amalgamation of Aequitas Innovations Inc., the Exchange, and TriAct Canada Marketplace LP (operating as "MATCHNow") into a single legal entity to be named Cboe Canada Inc. ("Cboe Canada"), which is intended to continue as the surviving recognized exchange. The Public Interest Rule Amendments integrate MATCHNow into Cboe Canada as a new (fourth) "Trading Book" (as that term is defined in section 1.01 of the Trading Policies). For additional detail, please refer to the Request for Comments published on October 19, 2023. No comments were received.

For clarification purposes, please note that although MATCHNow does offer a call auction feature (known as the "1-3 second call auction"), that is only a small component of its functionality; as such, overall, MATCHNow is considered to be a continuous trading marketplace and, therefore, MATCHNow trades are eligible to set the "last sale price" for purposes of UMIR 1.1. This has been the case for many years, and the same will be true of MATCHNow trades once MATCHNow becomes an order book of Cboe Canada.

A copy of the Exchange Trading Policies can be found on the Exchange website.

The Exchange is planning to implement the Public Interest Rule Amendments on January 1, 2024.