REX Shares (“REX”), a leading innovator in alternative exchange-traded funds (ETFs), is pleased to announce the appointment of Matt Holcomb as Portfolio Manager for the REX IncomeMax™ Option Strategy ETF (Ticker: ULTI), which launched Friday. ULTI is a sophisticated, actively managed strategy designed to turn market volatility into weekly income by writing options on some of the most dynamic U.S. stocks.

Holcomb will oversee the fund’s active options strategy, managing exposure across a targeted portfolio that generally will contain 15 to 30 of the most volatile U.S. equities, but may have as few as five securities. His approach dynamically adjusts to shifting market conditions, seeking to transform volatility into consistent income while managing risk through disciplined position sizing and real-time monitoring.

“Matt brings a deep understanding of both the options markets and investor behavior,” said Greg King, CEO of REX Shares. “His trading ability paired with his understanding of options markets positions REX very well to manage these strategies. We’re excited for investors to not only benefit from his management of ULTI, but also to hear directly from him as he educates investors on how our IncomeMax™ strategies work.”

Through REX’s new educational platform, Holcomb will engage directly with investors via @BigRedOptions, a dedicated X account offering insights into how options-based income strategies function. This initiative is part of REX’s ongoing effort to make sophisticated income strategies more accessible and transparent to retail and advisor audiences alike.

“Options income strategies don’t have to feel mysterious,” said Matt Holcomb. “My goal is to help investors understand what drives these returns and how we actively manage risk within ULTI. Education and transparency are the cornerstones of how we manage money at REX.”

The REX IncomeMax™ Option Strategy ETF (ULTI) is listed on Nasdaq, offering investors exposure to an active options-based income strategy designed to harness volatility for high-frequency income potential.

About REX

REX Shares is a leading provider of innovative exchange-traded products (ETPs), specializing in alternative strategy ETFs and ETNs. The firm has introduced groundbreaking products including the REX-Osprey SOL + Staking ETF (SSK), the first U.S.-listed Solana ETF with on-chain staking rewards; the T-REX suite of 2x leveraged single-stock ETFs tied to names such as Nvidia, Tesla, MicroStrategy, and spot Bitcoin; and a growing lineup of income and volatility strategies designed to bring hedge fund-style sophistication to the ETF market.

Important Risks

Investing in a REX Shares ETF may be more volatile than investing in broadly diversified funds. The use of options strategies increases the risk to the Fund. The REX Shares ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand the risks and intend to actively monitor and manage their investment.

An investment in the Fund entails risk. The Fund may not achieve its investment objective, and there is a risk that you could lose all of your money invested in the Fund. The Fund is not a complete investment program. In addition, the Fund presents risks not traditionally associated with other mutual funds and ETFs. It is important that investors review all risks listed in the prospectus before investing.

Options Strategy Risk. The Fund’s use of options may expose it to additional risks, including imperfect correlation between the options and the underlying securities, potential illiquidity of the options market, and the possibility that options positions may expire worthless. The Fund’s strategy of selling options can limit upside participation and expose the Fund to significant losses if market movements exceed protective spread levels.

Volatility and Market Risk. The Fund’s holdings in volatile stocks may result in sharp fluctuations in value. Periods of extreme volatility may lead to losses if premiums collected are insufficient to offset market movements.

New Fund Risk. As of the date of this release, the Fund has no operating history and may experience larger inflows or outflows that could temporarily affect performance or market exposure.

Distribution Risk. There is no assurance that the Fund will make a distribution at any given time. If the Fund does make distributions, the amounts will likely vary greatly from one period to the next and may include returns of capital, which would decrease the Fund’s NAV and trading price over time.

Distributor: Foreside Fund Services, LLC, member FINRA, not affiliated with REX Shares or the Fund’s investment advisor.

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