Mr. Andrew Tamlin reports

TWC ENTERPRISES LIMITED ANNOUNCES VOTING RESULTS FROM THE 2026 ANNUAL MEETING OF SHAREHOLDERS

TWC Enterprises Ltd. has released the results of matters voted on at its annual shareholders meeting held on May 6, 2026, which included the election of directors of the corporation, all of the nominees listed in its management information circular dated March 19, 2026. The voting results for each of the matters presented at the meeting are presented in the attached table.

There were 43 shareholders holding 21,001,883 common shares represented in person or by proxy at this meeting. This represents 86.96 per cent of the 24,151,064 issued and outstanding common shares.

Election of directors

The eight nominees proposed by management were elected as directors of the corporation to hold office until the termination of the next annual meeting of shareholders or until their successors are duly elected or appointed, subject to the provisions of the corporation. Proxies were received on this matter as detailed in an attached table.

Appointment of auditor

The firm of Deloitte LLP, chartered professional accountants, was appointed as auditor of the corporation to hold office until the close of the next annual meeting of shareholders or until its successor is duly appointed, and to authorize the directors to fix the remuneration of the auditor. Proxies were received on this matter as detailed in an attached table.

TWC is engaged in golf club operations under the trademark, ClubLink One Membership More Golf. TWC is Canada's largest owner, operator and manager of golf clubs with 46 18-hole equivalent championship and 2.5 18-hole equivalent academy courses (including three managed properties) at 34 locations in Ontario, Quebec and Florida.