Mr. Sruli Weinreb reports

FINDEV INC. ANNOUNCES AGM RESULTS

Findev Inc. held its annual general meeting of shareholders of the corporation in Toronto on Monday, June 26, 2023.

The results of the shareholder voting were as follows:

• Each of Devon Cranson, Niall Finnegan, Anthony Heller, David Roff, Brice Scheshuk and Sruli Weinreb received in excess of 99.9 per cent of the votes cast to be re-elected as a director to serve until the next AGM or upon resignation.
• One hundred per cent of the votes cast voted in favour of reappointing Dale Matheson Carr-Hilton Labonte LLP as the corporation's external auditor.
• Ninety-nine point eight per cent of the votes cast were in favour of the renewal of the corporation's incentive stock option plan.

Of 28,647,441 common shares issued and outstanding, 12,174,147 common shares were voted by proxy, representing 42.5 per cent, being held by a total of 31 shareholders.

About Findev Inc.

Findev is a publicly traded real estate finance company focused on financing real estate developers with shorter-term loans for one to five years during the development or redevelopment process. Loans are secured by investment properties and real estate developments throughout the Greater Toronto Area. Findev's unique market advantages include its expertise in real estate development and access to its real estate development partners. As a result, Findev is uniquely suited to assist developers engaged in challenging projects.

We seek Safe Harbor.