Ms. Lillian Guerrero reports

BH3 MANAGEMENT AND U.S. DEVELOPMENT SELECT FIRSTSERVICE RESIDENTIAL TO MANAGE VICEROY RESIDENCES CLEARWATER BEACH FLORIDA

FirstService Corp.'s FirstService Residential has been selected as the management partner for Viceroy Residences Clearwater Beach, a landmark luxury condominium development at 551 Gulf Blvd., further expanding its portfolio of premier luxury communities along Florida's Gulf Coast.

Developed by BH3 Management and U.S. Development, Viceroy Residences Clearwater Beach will rise across two nine-storey towers comprising 86 luxury residences, directly along the water and minutes from downtown Clearwater and Sand Key. The development marks the first new luxury condominium to launch on Clearwater Beach in more than a decade, bringing a new standard of waterfront living to Florida's Gulf Coast through a branded partnership with Viceroy Hotels & Resorts.

"From the beginning, our vision for Viceroy Residences Clearwater Beach has been to deliver a level of luxury living and personalized service that is unprecedented for the market," said Dustin Salzano, chief financial officer of U.S. Development. "Partnering with FirstService Residential allows us to further elevate the ownership experience by aligning with a team that shares our commitment to operational excellence and white-glove service."

Future residents of Viceroy Residences Clearwater Beach will enjoy an extraordinary collection of indoor and outdoor amenities, including an owner's restaurant with direct service to the pool and beach, a private beach club with approximately 3,000 square feet of restaurant and pool bar space, a full-service spa featuring sauna, steam rooms, and interior and exterior plunge pools, a state-of-the-art fitness centre with Gulf views, media lounge and resident clubhouse. Outdoors, residents will have access to a resort-style pool with private cabanas, a beach bar with sand firepit lounges and a tranquil sunset deck framed by a botanical banyan tree. The development is also engineered for resilience, elevated at 18.6-foot NAVD -- significantly above FEMA's 12-foot NAVD standard -- with full concrete construction and missile-impact glass designed to withstand winds up to 165 miles per hour.

"At FirstService Residential, we are always focused on aligning with best-in-class partners, and Viceroy is synonymous with excellence in hospitality and design," said Sheriff Masry, vice-president of FirstService Residential. "We're proud to support BH3 Management and U.S. Development on this landmark development in Clearwater Beach, and look forward to delivering a seamless, elevated living experience for future residents."

Sales for Viceroy Residences Clearwater Beach are now under way from the on-site presentation gallery, with vertical construction expected to begin this autumn.

About FirstService Residential

FirstService Residential is simplifying property management. Its hospitality-minded teams serve residential communities across the United States and Canada. The organization partners with boards, owners and developers to enhance the value of every property and the life of every resident.

Leveraging unique expertise and scale, FirstService serves its clients with proven solutions and a service-first philosophy. Residents can count on 24/seven customer care and tailored lifestyle programming, amenity activation, and technology for their community's specific needs. Market-leading programs with FirstService Financial, FirstService Energy and special districts teams deliver additional levels of support.

Boards and developers select FirstService Residential to realize their vision and drive positive change for residents in the communities in their trusted care.

FirstService Residential is a subsidiary of FirstService (Nasdaq and Toronto Stock Exchange: FSV), a North American leader in providing essential property services to a wide range of residential and commercial clients.