New Town Square, New York State, Pennsylvania, September 30th / PRNewswire / -- Empowered Funds, LLC (operating under the name of ETF Architect ) announce that as of September 30, 2026, the fund's name will be changed to “Towle Small - Cap Value ETF”.

The company stated that this name change does not imply any change in the fund's investment strategy, but rather aims to more clearly reflect the fund's existing small-cap value style. Towle and Co will continue to serve as the fund's deputy advisors. The fund's investment objectives, portfolio management team, stock codes, CUSIP, and the listing exchange remain unchanged.

Shareholders do not need to take any action regarding this name change.

The following information for TCV will take effect at the opening on September 30, 2026:

Before making an investment, please carefully consider the fund's investment objectives, risk factors, fees, and expenses. Relevant and additional information can be found in the fund's statutory and simplified prospectuses. Investors may call 215-330-4476 or visit https :// towleetfs.com for more details. Please read the prospectus thoroughly before investing.

About ETF ARCHITECT

ETF Architect is owned and operated by veterans and is one of the market leaders in the field operated by ETF. ETF Architect has collaborated with consultants, ETF founders, co-managers of funds, and senior industry professionals to launch ETF. For more information, please visit www.ETFArchitect.com.

Investment involves risk, and there is a possibility of losing principal.

Before making an investment, it is essential to carefully consider the fund's investment objectives, risks, fees, and expenses. These and other important information are contained in the prospectus, which can be obtained through the links “Prospectus” and “Summary Prospectus” or by calling +1.303-731-2494. Please read the prospectus carefully before investing.

Risks of micro, small, and medium-cap companies. The fund may invest in common stocks of any market capitalization, but the investment process of the associate advisor usually tends to favor investments in smaller-cap companies, including those with micro, small, and medium market capitalizations. Investing in securities of micro, small, and medium-cap companies generally involves higher risks than investing in large-cap companies. Such companies may have limited product lines, markets, or financial resources, or may rely on the expertise of a few individuals, and may experience more sudden or unstable market fluctuations than large-cap companies or the overall market index. Many small-cap companies are still in the early stages of development. Since the stock securities of smaller companies may lack sufficient market liquidity and may not be traded frequently, it can be difficult or impossible to sell these securities at favorable times or ideal prices.

New Fund Risks: This fund is a newly established investment company with no operational history. As a result, potential investors have no performance records or history to rely on when making investment decisions. There is no guarantee that the fund will grow to or maintain a scale that is economically viable.

Non-diversified risk. This fund is classified as “non-diversified,” which means it may invest a larger proportion of its assets in securities issued by a smaller number of issuers, as opposed to diversified funds. Investing in securities issued by a limited number of issuers exposes the fund to higher volatility and potential losses compared to diversifying assets across a larger number of issuers.

Quantitative securities selection risks. The data of some issuers may not be as comprehensive and/or up-to-date as that of other market issuers. If sub-advisors use quantitative models and employ incorrect or outdated data, their processes could be adversely affected. Furthermore, securities selected using quantitative models may perform differently from the overall financial market due to the characteristics used in the analysis, the weights assigned to each characteristic, and changes in the historical trends of those characteristics. The factors considered in the aforementioned analysis may not necessarily predict the value of securities, and their effectiveness may also change over time, and these changes may not be reflected in the quantitative models.

Industry concentration risk. Funds may invest a larger portion of their assets in one or more industries, making them more susceptible to the impact of negative events in those industries. The prices of securities issued by issuers in specific industries may be more volatile due to changes in economic or business conditions, government regulation or monetary and fiscal policies, market sentiment and expectations, availability of basic resources or supply, or other events that have a greater impact on that industry than on others.

Optional consumer industry risks. Companies in the optional consumer industry are affected by various factors such as supply and demand fluctuations, changes in consumer preferences, and changes in disposable consumer spending due to political and economic conditions. Sometimes, the performance of fund investments may lag behind that of other industries or the broader market as a whole, and this underperformance may persist for an extended period of time.

Risks of Value Investing Strategies. Value stocks are those that the sub-advisor considers to be undervalued compared to their peers due to unfavorable business development or other factors. The risk associated with value investing is that the market may not recognize the intrinsic value of a security over a long period, or stocks that are judged to be undervalued may actually be reasonably priced or even overvalued. In addition, during certain periods (which can last for an extended time), value stocks are often not favored by the market. Therefore, this fund is most suitable for long-term investors who are willing to hold their shares for an extended period amidst market fluctuations and the resulting changes in stock prices.

This fund is distributed by PINE Distributors LLC. The fund investment advisors are Empowered Funds and LLC, with the latter conducting business under the name of ETF Architect. Towle and Co serve as the deputy advisors for this fund. PINE Distributors LLC has no association with ETF Architect or Towle & Co.

ETFAC-5915448-09 /26

Contact person: Jamie Richards