Strive Launches U.S. Energy Index Fund (DRLL) to Deliver a New Shareholder Mandate to U.S. Energy Companies

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Strive will mandate U.S. energy companies to reject shortsighted political agendas and to focus on long-term profitability, including through increased investment in oil and gas production

Strive unveiled model shareholder resolutions for the U.S. energy sector at the 2022 EnerCom Conference

COLUMBUS, OhioStrive Asset Management ("Strive") launches its flagship index fund, the Strive U.S. Energy ETF (NYSE: $DRLL), to unlock the potential of the U.S. energy sector by providing investors an opportunity to drive positive change at U.S. energy companies ahead of a potential bull market for U.S. energy stocks.

U.S. energy companies have been underinvesting in oil and gas production, due in part to the Environmental, Social, Governance (ESG) mandates imposed by large asset managers, which advance their favored agendas over the financial interests of all shareholders. As a result, U.S. energy companies are unable to adequately address the current energy crisis.

Strive believes that U.S. energy companies should capture the immense economic opportunity to meet global energy demands by producing more oil, gas, and other forms of energy while abandoning ESG-imposed constraints on the sector. Strive intends to use its shareholder engagement and proxy voting power to unlock the potential of the U.S. energy sector by delivering this "post-ESG" mandate to U.S. energy companies - rejecting shortsighted political agendas that have caused companies to underinvest in American oil, natural gas, and other promising forms of energy.

Strive expects U.S. energy stocks to appreciate multi-fold over the next 18-24 months, with the easing of lockdown policies in China and elsewhere, as well as supply shortages created by the EU ban on Russian oil expected to go into effect in December 2022, causing a dramatic supply-demand imbalance in global energy markets. Strive believes U.S. energy companies are poised to capitalize on this opportunity if they are unshackled from constraints imposed by ESG-linked asset managers.

As recently as 2013, the largest company in the world by market capitalization was Exxon, a U.S. energy company. Today, four of the five largest companies in the world are U.S. technology companies and the fifth is Saudi Aramco. Strive believes these recent trends can change to favor U.S. energy stocks again if investors support long-term investment in oil, gas, coal, and alternative energy projects that maximize shareholder value rather than advance political goals.

Strive's co-founder and executive chairman, Vivek Ramaswamy, unveiled model shareholder resolutions for the U.S. energy sector yesterday at the 2022 EnerCom conference, one of the nation's leading energy investment conferences.

"The largest U.S. asset managers have shackled U.S. energy companies with so-called 'Scope 3 emissions caps' and other destructive mandates that contributed to the American energy crisis today," said Vivek Ramaswamy, executive chairman and co-founder of Strive Asset Management. "The right answer isn't to complain about it, but to solve the problem. We're proud to offer investors a new choice to align their voice and vote with how U.S. energy companies behave - by helping maximize long-run profits over short-run social fads."

The Strive U.S. Energy ETF ($DRLL) seeks to track the total return performance, before fees and expenses, of a subset of the Solactive GBS United States 1000 Index (the "Index") composed of U.S.-listed equities in the energy sector. The Solactive index exhibits 99.7% historical correlation1 with BlackRock's U.S. Energy Index. The Index is represented by securities of companies in the energy industry or sector (oil, coal, and natural gas companies, as well as companies that produce renewable or alternative energy such as hydrogen, nuclear, solar, and wind power).

Investors can learn more at www.strivefunds.com.

About Strive Asset Management

Strive is an Ohio-based asset management firm whose mission is to restore the voices of everyday citizens in the American economy by leading companies to focus on excellence over politics. Strive will compete directly with the world's largest asset managers by launching funds that advance Excellence Capitalism in boardrooms across corporate America. The company was co-founded by Vivek Ramaswamy and Anson Frericks in 2022. Learn more at www.strive.com.

IMPORTANT INFORMATION

Solactive AG ("Solactive") is the licensor of The Solactive United States Energy Regulated Capped Index (the "Index"). The financial instruments that are based on the Index are not sponsored, endorsed, promoted or sold by Solactive in any way and Solactive makes no express or implied representation, guarantee or assurance with regard to: (a) the advisability in investing in the financial instruments; (b) the quality, accuracy and/or completeness of the Index; and/or (c) the results obtained or to be obtained by any person or entity from the use of the Index. Solactive reserves the right to change the methods of calculation or publication with respect to the Index. Solactive shall not be liable for any damages suffered or incurred as a result of the use (or inability to use) of the Index.

Solactive United States Energy Regulated Capped Index (the "Index"), which measures the performance of the energy sector of the U.S. equity market as defined by Solactive AG (the "Index Provider" or "Solactive"). The Index includes large, and mid capitalization companies. The Index is a subset of a float-adjusted capitalization weighted index of equity securities comprising the 1,000 largest companies from the US stock market.

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call 872-270-5406 or visit our website at www.strivefunds.com. Read the prospectus or summary prospectus carefully before investing.

Investments involve risk. Principal loss is possible. Energy Sector Risk. The market value of securities in the energy sector may decline for many reasons, including, among others, changes in energy prices, energy supply and demand, government regulations and energy conservation efforts. Non-Diversification Risk. Because the Fund is non-diversified, it may be more sensitive to economic, business, political or other changes affecting individual issuers or investments than a diversified fund, which may result in greater fluctuation in the value of the Fund's Shares and greater risk of loss. Index Calculation Risk. The Index relies on various sources of information to assess the criteria of issuers included in the Index, including fundamental information that may be based on assumptions and estimates. New Fund Risk. The Fund is a recently organized management investment company with limited operating history. As a result, prospective investors have a limited track record or history on which to base their investment decision.

Quasar Distributors, LLC.

1 Correlation time period: 6/30/22-7/29/22

Sam Marinelli
[email protected]

Source: Strive Asset Management