Mr. Bob Dhillon reports

MAINSTREET ANNOUNCES NORMAL COURSE ISSUER BID

The Toronto Stock Exchange (TSX) has accepted Mainstreet Equity Corp.'s notice of intention to renew its normal course issuer bid (NCIB) to purchase outstanding common shares of the corporation on the open market in accordance with the rules of the TSX.

The corporation is authorized to purchase up to 471,066 shares under the NCIB representing approximately 10 per cent of its public float of issued and outstanding shares, as of May 31, 2026. As of that date, there were 9,276,818 shares issued and outstanding. The average daily trading volume of the shares for the past six months ended May 31, 2026, calculated in accordance with the rules of the TSX, was 8,979 and Mainstreet is subject to a daily repurchase limit of 2,244 shares. Mainstreet intends to commence the NCIB on June 8, 2026, and terminate the NCIB on June 7, 2027, or such earlier time as the NCIB is completed or terminated at the option of Mainstreet.

All shares purchased under this NCIB will be purchased in the open market through the facilities of the TSX and/or alternative Canadian trading systems at the prevailing market price at the time of such transaction. shares acquired under the NCIB will be cancelled.

As per its press release dated April 30, 2026, Mainstreet entered into an automatic securities purchase plan (ASPP) with its designated broker to allow for the purchase of shares under its NCIB during predetermined times when Mainstreet would ordinarily not be permitted to purchase shares due to customary blackout periods. Under the ASPP the designated broker is permitted to make purchases during such periods in its sole discretion based on certain parameters as to price and number set by Mainstreet, in accordance with the rules of the TSX, applicable securities laws and the terms of the ASPP.

The ASPP constitutes an automatic plan for the purposes of applicable securities laws and has been precleared by the TSX. In connection with the renewal of Mainstreet's NCIB, Mainstreet has entered into an ASPP renewal agreement with its designated broker to renew the ASPP so that it will now expire when the renewed NCIB expires, unless terminated earlier in accordance with its terms. All share purchases under the ASPP will be included in computing the number of shares purchase under the NCIB.

Mainstreet intends to acquire common shares from time to time in amounts and prices which its management believes are favourable and consistent with prudent economic and financial considerations. During the period between June 3, 2025, and the date hereof, Mainstreet repurchased 42,000 shares under its previous normal course issuer bid. Mainstreet had approval from the TSX to acquire up to 475,359 shares under such previous normal course issuer bid.

Mainstreet's board of directors believes that, from time to time, the market price of its shares may not reflect their underlying value. At such times, the board of directors believe that the purchase of shares for cancellation pursuant to the normal course issuer bid is in the best interests of Mainstreet and its shareholders, as the cancellation of the shares will increase the value of the remaining shares.

We seek Safe Harbor.