Mr. Chris Dobbin reports

NOVA LEAP HEALTH CORP. ANNOUNCES CLOSING OF STRATEGIC ACQUISITION IN NOVA SCOTIA

Nova Leap Health Corp.'s Canadian subsidiary, Earth Angels Home Care, has completed the acquisition of the shares of Parkwood Home Care Ltd., an arm's-length company with operations in Nova Scotia. Parkwood reported unaudited revenues of approximately $3.8-million and adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of approximately $785,000 for its 2025 fiscal year.

All amounts are in Canadian dollars unless otherwise specified.

Under the terms of the definitive agreement executed on May 1, 2026, the transaction, which closed on May 1, 2026, was made for total consideration of $3.5-million, subject to closing adjustments, of which $3.2-million was paid with cash on closing and $300,000 by way of a promissory note repayable over a three-year period. The cash on closing was funded by way of a $2.2-million draw on the company's acquisition debt facility with its lender and by $1-million of cash on hand. The new debt is repayable over a five-year term. Following the draw on the acquisition debt facility, the company has access to up to $3.05-million (U.S.) in remaining available credit to support its long-term growth strategy. No finder fees were paid in relation to the acquisition.

"Our Nova Scotia operations were Nova Leap's fastest-growing geography and delivered record results in 2025," said Chris Dobbin, president and chief executive officer of Nova Leap. "The acquisition of Parkwood by Earth Angels represents a logical next step in building further density in a market we know well. It enhances our ability to scale efficiently, deepens our presence in the province and expands our role across the continuum of care, positioning our Nova Scotia platform for sustained growth. We're very much looking forward to working with the Parkwood team."

About Nova Leap Health Corp.

Nova Leap is a North American health care services company providing home-based and community-based care. Through its network of local agencies, the company delivers personal care, dementia care, companion services, care management and palliative care, enabling individuals to remain safely and independently in their homes.

Nova Leap operates an integrated platform across the continuum of care, with a focus on scale, operational excellence, and high-quality outcomes for clients and communities.

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