Mr. John Wimsatt reports

ECN CAPITAL SCHEDULES CONFERENCE CALL TO DISCUSS Q2 2023 RESULTS AND THE CONCLUSION OF THE STRATEGIC REVIEW

ECN Capital Corp. intends to file its financial statements and management's discussion and analysis for the three-month period ended June 30, 2023, after markets close on Monday, Aug. 14, 2023. ECN will also release the results of its strategic review.

The company will host an analyst briefing to discuss these topics commencing at 6:30 p.m. ET on Monday, Aug. 14, 2023. The call can be accessed as follows:

• Via webcast;
• By toll-free dial-in North America at 1-800-319-4610 or international at 1-416-915-3239.

Presentation slides will be available on the company's website.

A telephone replay of the conference call may also be accessed until Sept. 14, 2023, by dialling 1-800-319-6413 and entering the passcode 0363 followed by the pound key.

About ECN Capital Corp.

With managed assets of $4.7-billion (U.S.), ECN Capital is a leading provider of business services to North American based banks, credit unions, life insurance companies, pension funds and institutional investors. ECN Capital originates, manages and advises on credit assets on behalf of its partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (inventory finance or floor plan) loans. Its partners are seeking high-quality assets to match with their deposits, term insurance or other liabilities. These services are offered through two operating segments: (i) manufactured housing finance; and (ii) recreational vehicles and marine finance.