Mr.
Bob Dhillon reports
MAINSTREET ANNOUNCES APPROXIMATELY 80% SHAREHOLDER PARTICIPATION AT ANNUAL GENERAL MEETING
Mainstreet Equity Corp. has successfully completed its annual general meeting (AGM), held March 5, 2026, where approximately 80 per cent of shares were represented, in person or by proxy, reflecting strong shareholder engagement and confidence.
"We are incredibly pleased with this year's high participation of 80 per cent," said Bob Dhillon, chief executive officer and founder of Mainstreet. "This strong voter turnout highlights our shareholders' commitment and confidence in our strategic direction."
Navjeet (Bob) Dhillon, Joseph Amantea, Ron Anderson, Karanveer Dhillon, Richard Grimaldi and John Irwin were re-elected to the board of directors of the corporation for the coming year as follows.
PricewaterhouseCoopers LLP was reappointed as the corporation's auditor.
Details in respect of all of the resolutions approved at the AGM may be found in the management information circular prepared in connection with the meeting dated Jan. 29, 2026, available on SEDAR+.
Mainstreet remains committed to fostering transparency and engagement with its shareholders as it moves forward with its strategic priorities.
About Mainstreet Equity Corp.
Mainstreet Equity is a Calgary-based real estate operating company, traded on the Toronto Stock Exchange. Mainstreet is a top provider of high-quality, affordable multifamily rental units in Western Canada, covering British Columbia, Alberta, Saskatchewan and Manitoba, with year-to-date holdings of over 19,200 units. The company's long-term value is anchored by a countercyclical strategy to aggressively acquire undervalued units at distressed prices, using low-cost capital. Once acquired, Mainstreet rapidly stabilizes the assets to minimize cycle times and boost net operating income. The company employs a 100-per-cent-organic, non-dilutive growth model, leveraging its robust liquidity position. As at Q1 2026, Mainstreet's assets were valued at approximately $3.8-billion based on IFRS (international financial reporting standards)value.
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