Access Investing in Advanced Robotics Across the Global EconomyThe Horizons Robotics and Automation Index ETF (“Horizons RBOT”) seeks to replicate the performance of the Indxx Global Robotics & Artificial Intelligence Thematic Index (the “Index”). The Index is designed to provide exposure to the performance of equity securities of companies that are involved in the development of robotics and/or artificial intelligence (“A.I.”). Horizons RBOT seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times.

The Indxx Global Robotics & Artificial Intelligence Thematic Index The Index provides exposure to industries and segments that are expected to benefit from the increased adoption of robotics and A.I.:

• Robotics and Automation: Companies involved in the design, creation and application of mechanical devices that can perform tasks and interact with their environments without human interaction

• Artificial Intelligence: Companies that are involved in developing applications, technologies and products that utilize A.I. for data analysis, predictive analytics, task automation and other applications

Only those companies that derive a significant portion of their revenues from the above industries/segments or have stated their primary business to be in products and services focused on the above industries/segments are eligible for inclusion in the Index.

Megatrends of the Robotics and Automation Landscape • Industrial Usage: There is a necessity for most companies to automate in order to

improve productivity and remain competitive. The global industrial robotics market was valued at USD $18.05 billion in 2018 and is expected to reach USD $40.75 billion by 2024, at a CAGR of 14.11% over the forecast period (2019 - 2024)*

• Internet of Things: Physical devices, vehicles, home appliances and other items will become increasingly connected to the internet and will require embedded robotic circuitry. Internet of Things spending over the 2017-2022 forecast period is expected to reach $1.2 trillion by 2022**

• Artificial Intelligence: The market for A.I., which is the deployment of computer programs that can autonomously complete tasks without human involvement, could potentially be one of the single-biggest drivers of economic growth in our lifetime

Key Features:

• Growth Opportunity: Gain exposure to what is potentially one of the fastest-growing segments of the global economy

• Diversification: Little overlap in holdings with major broad stock indices and significant exposure to non-North American stocks

• Innovative Index Design: Stocks are selected using a rigorous research process • Currency Hedged: All U.S. dollar exposure is currency hedged, making it a more

currency efficient strategy for Canadian investors• Potential Takeover Premiums: Companies about to experience corporate takeovers

typically see their stock value increase

*Source: Global Industrial Robotics Market Growth, Trends and Forecast (2019-2024), ResearchAndMarkets.com. **Source: BusinessWire.com, June 18, 2018.

Horizons Robotics and Automation Index ETF (RBOT; RBOT.U)

ETF Snapshot Name: Horizons Robotics and Automation Index ETF (RBOT)

Launch Date: November 29, 2017

Ticker: RBOT; RBOT.U1

Management Fee:2 0.45%

Investment Manager:Horizons ETFs Management (Canada) Inc.

Underlying Index: Indxx Global Robotics & Artificial Intelligence Thematic Index

Bloomberg Index Ticker: IBOTZ Distribution Frequency: Annually, if any

Currency Hedged: Yes

Eligibility: All registered and non-registered investment accounts

1Trades in U.S. dollars.

2Plus applicable sales tax. Annual management fee reduced from 0.68% to 0.45%, effective November 1, 2019.

HorizonsETFs.com

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Commissions, management fees and expenses all may be associated with an investment in Horizons Robotics and Automation Index ETF (the “ETF”) managed by Horizons ETFs Management (Canada) Inc. The ETF is not guaranteed, its values change frequently and past performance may not be repeated. The prospectus contains important detailed information about the ETF. Please read the prospectus before investing.

To learn more, please visit www.HorizonsETFs.com/RBOT

Horizons Robotics and Automation Index ETF (RBOT; RBOT.U)

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Which Sectors are being Disrupted?Robotics and A.I. have the ability to disrupt a broad range of sectors, particularly manufacturing, military and defence, medicine, transportation and agriculture.

Manufacturing

Defence

Health Care

Transportation

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In 2015, around 10% of manufacturing functions were automated. Boston Consulting Group estimates the share to increase to around 25% by 2025.

The U.S. Army expects that by 2030, it could reduce Brigade Combat Teams from 4,000 soldiers to 3,000 using robots to maintain unit’s effectiveness despite less manpower.

IBM’s Watson supercomputer has a 90% diagnostic accuracy rate for lung cancer compared with the average diagnostic accuracy rate of 50% for human physicians.

By 2030, autonomous cars could account for up to 15% of passenger vehicles sold worldwide.

The global market for agriculture robots is projected to exceed $15 billion by 2020.

Source: Global X, 2017.

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