Mr. Andrew Abouchar reports

MONTFORT CAPITAL ANNOUNCES QUARTERLY CASH DIVIDEND ON SERIES A CLASS A PREFERRED SHARES

Montfort Capital Corp.'s board of directors has declared a quarterly cash dividend of two cents per Series A Class A preferred share, payable on June 30, 2023, to holders of preferred shares of record as at June 21, 2023. The quarterly dividend qualifies as an eligible dividend for Canadian income tax purposes.

Holders of the preferred shares are entitled to receive fixed non-cumulative preferential cash dividends, if, as and when declared by the board of directors of the company. Under the company's dividend policy, the annual dividend rate for the preferred shares is targeted to be eight cents per preferred share and dividends, if declared, will be payable on the last day of December, March, June and September in each year, or if such day is not a business day, on the next business day, at a quarterly rate of two cents per preferred share. The amount and distribution dates of future dividends remain at the discretion of the company's board of directors.

About Montfort Capital Corp.

Montfort manages a diversified group of specialized private credit brands that utilize focused strategies and experienced management teams combined with advanced technology to improve fee-related performance. Montfort facilitates transparency for all of its investors through public company reporting.

We seek Safe Harbor.