Mr. Paul Bissett reports

ELEVATE SERVICE GROUP COMMENCES OTCQB TRADING AND PROVIDES CORPORATE UPDATES

Elevate Service Group Inc. has provided a series of corporate updates, including the commencement of trading on the OTCQB Venture Market and DTC eligibility for its common shares in the United States.

OTCQB listing

The company announces that its common shares have commenced trading on the OTCQB Venture Market under the symbol ESVCF. The company's common shares are also eligible for electronic clearing and settlement in the United States through the Depository Trust Company. DTC eligibility is expected to simplify the process of trading and enhance the liquidity of the company's common shares in the United States. The OTCQB approval was received on July 21, 2026, and DTC eligibility approval was received on Aug. 27, 2026.

The OTCQB Venture Market is operated by OTC Markets Group Inc. in New York and is a recognized marketplace for entrepreneurial companies. The OTCQB provides U.S. investors with improved access to company information and electronic trading. The commencement of trading on the OTCQB is intended to expand the company's access to U.S. capital markets and provide an additional quotation venue for the company's common shares for U.S. broker dealers and investors, subject to prevailing market conditions.

Equity incentive grants

Elevate has granted 497,000 stock options to officers, employees and consultants in accordance with the company's omnibus incentive plan and issued 69,444 restricted share units with a grant value of $150,000 to an employee, all under employment and consulting agreements. A total of 150,000 options were granted to an officer, 100,000 options were granted to a consultant, and 247,000 options were granted to employees of Elevate and its subsidiaries. Each stock option has an exercise price of $2.20 and a term of five years. The stock options and RSUs are subject to vesting periods ranging from four months to three years. The grants were made primarily in connection with the recruitment and retention of new employees and consultants.

Annual general meeting results

The company also announces that all matters submitted to shareholders at its annual general meeting held on July 16, 2026, were approved, including the election of Romeo Di Battista Jr., Paul Bissett, Aaron Unger and Sebastien Koechli as directors, the appointment of MNP LLP as auditor, and approval of the company's long-term incentive plan.

Marketing service agreement

The company also announces that it has entered into a marketing service and investor relations agreement with Capital Gain Media Inc. to provide investor awareness, content development and digital marketing services designed to broaden awareness of the company among potential investors for a period of six months. In accordance with the terms and conditions of the agreement and as consideration for the services provided by CGM, the company agreed to pay a fee of $250,000 (U.S.) to CGM as compensation. As of the date hereof, to the company's knowledge, CGM (including its directors and officers) does not own any securities of the company and has an arm's-length relationship with the company.

About Elevate Service Group Inc.

Elevate is a national facility management and essential commercial service platform focused on building an integrated platform through disciplined acquisitions and organic growth. Through its operating companies, Elevate brings over 20 years of experience serving national, blue-chip customers. The company is building a scalable platform supported by shared infrastructure, technology and operational best practices. This approach drives efficiencies, expands service offerings, and delivers superior customer outcomes. Elevate trades on the TSX Venture Exchange under the ticker SERV.

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