Mr. David Watson reports

MEDICAL FACILITIES CORPORATION RENEWS NORMAL COURSE ISSUER BID

The Toronto Stock Exchange has approved Medical Facilities Corp.'s notice of intention to make a normal course issuer bid (NCIB) for up to 1,805,324 of its 18,053,349 outstanding common shares, representing 10 per cent of the corporation's public float of 18,053,249 common shares as of Nov. 18, 2025. The corporation may purchase the common shares at prevailing market prices during the period from Dec. 1, 2025, to Nov. 30, 2026, through the facilities of the Toronto Stock Exchange, other designated exchanges and/or alternative Canadian trading systems in accordance with applicable regulatory requirements. Purchases will be made at market prices in accordance with the rules and policies of the Toronto Stock Exchange. Purchases may also be made by such other means as may be permitted by the Toronto Stock Exchange or a securities regulatory authority, including by private agreements under issuer bid exemption orders issued by securities regulatory authorities which shall not be greater than the prevailing market price. Subject to the Toronto Stock Exchange's block purchase exceptions, daily purchases will be limited to 5,569 common shares on any trading day, representing 25 per cent of the average daily trading volume of 22,277 common shares for the past six months. All securities purchased by Medical Facilities under the normal course issuer bid will be cancelled. As of Nov. 18, 2025, Medical Facilities repurchased 1,973,000 of its common shares for a volume-weighted average price of $15.35 under its prior normal course issuer bid for up to 2,339,066 common shares, which commenced on Dec. 1, 2024, and expires on Nov. 30, 2025.

Medical Facilities believes that from time to time, the market price of its publicly traded securities may not reflect their underlying value and that the purchase of its securities may represent an appropriate and desirable use of the corporation's funds. Medical Facilities intends to finance the purchases out of available cash.

In connection with the NCIB, Medical Facilities has entered into an automatic securities purchase plan with National Bank Financial, its broker of record for the NCIB, in order to facilitate repurchases of common shares under the NCIB. The automatic plan contains strict parameters regarding how common shares may be repurchased during times when the corporation would ordinarily not be permitted to purchase common shares due to regulatory restrictions or self-imposed blackout periods, including the period from the end of a fiscal quarter until the disclosure of the applicable quarterly or annual financial results and prior to the disclosure of certain material changes.

About Medical Facilities Corp.

Medical Facilities, in partnership with physicians, owns a portfolio of highly rated, high-quality surgical facilities in the United States. Medical Facilities' ownership includes controlling interest in three specialty surgical hospitals located in Arkansas, Oklahoma and South Dakota, and an ambulatory surgery centre (ASC) located in California. The specialty surgical hospitals perform scheduled surgical, imaging, diagnostic and other procedures, including primary and urgent care, and derive their revenue from the fees charged for the use of their facilities. The ASC specializes in outpatient surgical procedures, with patient stays of less than 24 hours.

We seek Safe Harbor.