Mr. Gediminas Klepackas reports

TONY G CO-INVESTMENT HOLDINGS ANNOUNCES ELECTION OF DIRECTOR

At Tony G Co-Investment Holdings Ltd.'s annual and special shareholder meeting held on Oct. 16, 2023, Peter Tutlys was elected as a new director of the company.

Mr. Tutlys has 30 years of experience as an innovative and results-driven brand and business operations leader gained as an investor, business owner, board member, strategy and marketing leader. Mr. Tutlys has held senior marketing roles at Royal Bank of Canada, Norway's largest bank, DNB Bank, and Germany's NORD Landesbank. He has launched many successful digital-client-facing brands, including Canada's first Digital Electronic Cash Card and Canada's largest on-line banking system. Currently and since 2014, Mr. Tutlys has been and is the owner and vice-president of marketing and sales, Toronto, at MarketVest Financial Network, a financial network targeting distressed property owners providing full financial solutions. As president of MarketBanga (SwiftTrade), Mr. Tutlys launched an on-line day trading company that was sold to a private equity company. Mr. Tutlys has an economics degree from University of Toronto.

Bruno Macchialli did not stand for re-election at the meeting. The company would like to thank Mr. Macchialli for his contributions to the company and wishes his success in future endeavours.

We seek Safe Harbor.