Mr. Alex Baluta reports

FLOW CAPITAL ANNOUNCES 5-YEAR INVESTMENT PERFORMANCE

Flow Capital Corp. has provided an update on its investment performance over the five-year period from March, 2018, when the formation of Flow was first announced.

Key highlights:

Invested $46 million into 16 portfolio companies

Achieved IRR of 30.5% on capital deployed

Recorded Loss Ratio of 0.7%

Increased Book Value Per Share by 172%; from a low of $0.45/share1 at Q4, 2019, to $1.23/share at Q1 2023

Generated positive EBITDA and Free Cash Flow for the past 3 years

Repurchased 13.6M (~31%)2 of the outstanding common shares at a weighted average of 48%3 discount to book value.

* Data in the table above covers the period of new investments from March 2018 and includes all payments, fees, and equity gains until April 2023.

** Could include warrants and other equity-like bonuses. Warrant values are calculated using Black-Scholes pricing and are not increased unless there is an external equity financing event.

*** Loss ratios calculated based on total capital deployed in the category.

On March 11, 2018, LOGiQ Asset Management Inc. ("LOGiQ") and Grenville Strategic Royalty Corp. ("Grenville") entered into a business combination agreement as a plan of arrangement, under the Business Corporations Act (British Columbia) (the "BCBCA"). The combined entity was subsequently renamed Flow Capital Corp.

Since that time, Flow has transitioned its business away from perpetual royalties and mutual fund asset management, to focus exclusively on Venture Debt investing, or more specifically, investing in senior secured debt instruments, in high-growth (primarily technology) companies, with equity upside.

"These returns have been generated from investments in companies that have passed a highly selective process designed to identify the most attractive risk/reward trade-off. Only the best companies get through Flow's rigorous screening process," said Alex Baluta, CEO of Flow

"As new investments are made, we expect aggregate returns could dip in the shorter term until such time as new equity exits are realized from portfolio companies which achieve a liquidity event and our equity exposure upside is realized. The higher returns are evident in the investments which have already fully or partially exited," continued Mr. Baluta.

"Recent market dynamics have created an environment in which the demand for Flow Capital's funding has grown dramatically. Deal flow has accelerated in recent months, and it is our expectation that much more capital will be deployed into more great growth companies at a faster rate," said Mr. Baluta.

"Flow helps growth companies scale their business with covenant light, minimally dilutive funding, while taking debt-like risk and generating equity-like returns for our shareholders. These 5 year returns demonstrate the capability of our approach in generating significant returns for our stakeholder," summarized Mr. Baluta.

About Flow Capital

Flow Capital Corp. is a diversified alternative asset investor and advisor, specializing in providing minimally dilutive capital to high growth businesses primarily in the technology sector. To apply for financing, visit www.flowcap.com.

We seek Safe Harbor.