Mr. John Richardson reports

B.E.S.T. VENTURE OPPORTUNITIES FUND TO EXTEND SUSPENSION OF REDEMPTION RIGHTS

Best Venture Opportunities Fund Inc.'s board of directors has approved the extension of the suspension of redemption rights of the fund's Class A shares until at least Dec. 31, 2026. The board of directors has determined that reinstating the processing of redemption requests of the fund's Class A shares would not be in the best interests of the fund at this time.

The board of directors has determined that it continues to be in the best interests of the fund's shareholders to preserve the fund's current cash position and to provide the fund with additional time and financial flexibility to pursue an exit from the fund's remaining private investments. The board of directors has concluded that more time is needed for the fund to realize the value of its holdings.

The fund's Class A shares, Series I, and Class A shares, Series II, continue to be listed for trading on the Canadian Securities Exchange under the symbol BVOF.A in respect of the Class A shares, Series I, and BVOF.B in respect of the Class A shares, Series II.

The extension of the redemption suspension period will be evaluated by the board of directors on a regular basis and will be extended until at least Dec. 31, 2026, unless the board of directors determines it may be terminated before this date.

About Best Venture Opportunities Fund Inc.

Best Venture, established in 1993, is registered as a labour sponsored investment fund corporation under the Community Small Business Investment Funds Act (Ontario) and as a labour-sponsored venture capital corporation under the Income Tax Act (Canada). The fund makes investments in eligible Canadian businesses with the objective of achieving long-term capital appreciation.

We seek Safe Harbor.