Mr. Benjamin Urban reports

DIRTT TO VOLUNTARILY DELIST FROM NASDAQ EXCHANGE; PUBLIC TRADING ON TORONTO STOCK EXCHANGE WILL CONTINUE

DIRTT Environmental Solutions Ltd. will voluntarily delist from the Nasdaq Stock Market on or around Sept. 15, 2023. After the voluntary delisting, all current and future DIRTT shareholders will retain their ability to publicly trade DIRTT shares on the Toronto Stock Exchange under the symbol DRT.

The company estimates a recurring annual cost savings of approximately $400,000 (U.S.) from the delisting. Otherwise, the company's business operations will not be affected, nor will its commitment to delivering value to customers, partners, employees and shareholders. DIRTT will continue to comply with all U.S. Securities and Exchange Commission regulations applicable to companies registered with the SEC, including filing annual reports, quarterly reports and current reports.

Commented DIRTT chief executive officer Benjamin Urban: "After careful consideration, we determined there was insufficient value provided to DIRTT and our shareholders by maintaining a dual listing on both the Nasdaq and TSX. DIRTT shares will remain fully tradable on the TSX, and the annual expense we incur to maintain the dual listing will be eliminated. This decision is an additional step in executing our strategy to streamline and simplify our business. Although we did have the option to initiate a reverse stock split to continue the Nasdaq listing, we chose instead to invest our time and savings to create additional value for our clients and rewards for our shareholders."

As discussed on its Aug. 3, 2023, earnings call, the company remains confident in its order pace and future growth opportunities. Additional information on the voluntary Nasdaq delisting can be found in DIRTT's 8-K dated Sept. 6, 2023, filed with the SEC.

About DIRTT Environmental Solutions Ltd.

DIRTT is a leader in industrialized construction. Its system of physical products and digital tools empowers organizations, together with construction and design leaders, to build high performing, adaptable, interior environments. Operating in the commercial, health care, education and public sector markets, DIRTT's system provides total design freedom and greater certainty in cost, schedule and outcomes.

We seek Safe Harbor.