Mr. Mike Pyle reports

EXCHANGE INCOME CORPORATION TO HOST ANALYST DAYS ON OCTOBER 10 AND 11, 2023

Exchange Income Corp. will hold its 2023 analyst days on Oct. 10 and Oct. 11, 2023. The event will feature presentations from the executive and subsidiary leadership teams who will discuss the corporation's operations followed by on-site visits at BVGlazing Systems Ltd. in Concord, Ont., on Oct. 10, 2023, coupled with visits at PAL Airlines Ltd. and PAL Aerospace Ltd. in St. John's, Nfld., on Oct. 11, 2023.

"We are excited to take our financial analysts to see our most recent acquisition, BVGlazing, which is complementary to Quest Windows Systems Inc.," Darwin Sparrow, chief operating officer of Exchange Income, commented. "BVGlazing was a fantastic addition to the Multi-Storey Windows Solutions business line, bringing further expertise and additional critical products, including curtain wall and railings. The management teams from both BVGlazing and Quest Windows have been working very closely in integrating their businesses and providing best-in-class solutions to their customers throughout North America. We see the Multi-Storey Windows Solutions business as an important part to helping solve North America's projected housing shortage."

Analysts will then travel to Newfoundland to visit PAL Airlines and PAL Aerospace, both of which demonstrate the resiliency of Exchange Income's air operations. PAL Airlines has been expanding its Q400 fleet over the past couple of years to respond to the need for additional capacity in eastern regional markets. PAL Airlines' growth will be further bolstered by the recent commercial agreement it entered into with Air Canada pursuant to which it will acquire an additional five Q400s to provide regional capacity in the Maritimes for up to a five-year term. Carmele Peter, president of Exchange Income, said: "Sustainable expansion has not been limited to PAL Airlines. Our other northern air operations have continued to experience higher demand driven by increasing population in the north, continuous need for medical travel, and the ongoing need to provide essential passenger and freight movements. Demand has outstripped our available capacity, and as a result, we have recently expanded our fleets at Calm Air, Perimeter Aviation and Custom Helicopters to be able to provide these critical services. In addition, our air operators have secured significant long-term government contract wins in the medevac business in both British Columbia and Manitoba."

Jake Trainor, chief executive officer of the PAL group of companies, commented: "The EIC analysts' visit to PAL Aerospace equally will illustrate the reliability of that income stream backed by long-term government contracts. We are in the first year of our 10-year surveillance contract with the government of Netherlands, we have just renewed our Dutch Caribbean contract for 10 years and we signed a new maritime surveillance contract with the United Kingdom for the Force Multiplier Aircraft. We have become a fixture in the international aerospace arena and are continuing to see greater interest in maritime surveillance across the globe due to geopolitical events."

Mike Pyle, CEO of Exchange Income, concluded, "We are looking forward to showcasing our diversification, formidable management teams, and how each contributes to generating the strong sustainable cash flows that fund our organic growth and dividends to our shareholders."

About Exchange Income Corp.

Exchange Income is a diversified acquisition-oriented company, focused in two segments: aerospace and aviation, and manufacturing. The corporation uses a disciplined acquisition strategy to identify already-profitable, well-established companies that have strong management teams, generate steady cash flow, operate in niche markets and have opportunities for organic growth.

We seek Safe Harbor.