File: Attachment 2026 04 08 Press Release announcing sale of unit (Regent Pacific Properties Inc.) final.pdf

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REGENT PACIFIC PROPERTIES INC. ANNOUNCES SALE OF UNIT AT COMMERCIAL INVESTMENT PROPERTY

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April 9, 2026

For Immediate Release

Edmonton, Alberta Regent Pacific Properties Inc. (TSXV: "RPP") ("Regent" or the "Company") announces that it has completed the sale of a unit within Cassel Centre (the "Unit"), located in Edmonton, Alberta.

The Unit was sold for gross proceeds of $3,350,000 to an arm's length purchaser on March 31, 2026. Of the net proceeds, $2,500,000 was applied to repayment of a portion of the existing mortgage on Cassel Centre, with the remaining net proceeds expected to be used for general working capital purposes.

The transaction forms part of the Company's ongoing management of its real estate portfolio.

Forward-Looking Information

This press release contains certain forward-looking information and reflects the Company's present assumptions regarding future events. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results, levels of activity, performance, and/or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements.

Certain statements contained in this document constitute forward-looking statements and information within the meaning of the applicable Canadian securities legislation. When used in this document, the words "may", "would", "could", "should", "will", "intend", "plan", "propose", "anticipate", "believe", "forecast", "estimate", "expect" and similar expressions used by any of the Company's management, are intended to identify forward-looking statements. Such statements reflect the Company's internal projections, expectations, future growth, performance and business prospects and opportunities and are based on information currently available to the Company. Since they relate to the Company's current views with respect to future events, they are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward- looking statements. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The Company does not intend, and does not assume any obligation, to update any such factors or to publicly announce the result of any revisions to any of the forward- looking statements contained herein to reflect future results, events or developments except as required by applicable securities legislation, regulations or policies.

For further information contact:

Eddie W. W. Yu, President and Chief Executive Officer Telephone: (780) 424-9898 Email: info@cassel.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.