Mr. Hamed Shahbazi reports

WELL HEALTH SUBSIDIARY WELLSTAR ANNOUNCES CONDITIONAL APPROVAL FOR TSX-V LISTING AND FILES FILING STATEMENT

In connection with the previously announced amalgamation of Well Health Technologies Corp.'s subsidiary, WellStar Technologies Corp., and 1587818 B.C. Ltd. (818), WellStar and 818 have received conditional approval from the TSX Venture Exchange and 818 has filed a filing statement dated Sept. 25, 2026, on 818's SEDAR+ profile.

Through the transaction, WellStar and 818 will amalgamate to form an entity that will be listed on the TSX-V, the resulting issuer, which will continue on with the business of WellStar.

The TSX-V has conditionally approved the listing of the subordinate voting shares of the resulting issuer on the TSX-V as a Tier 1 issuer under ticker symbol WSTR. Final approval remains subject to satisfaction of the TSX-V's customary listing conditions.

The transaction is anticipated to close on Sept. 29, 2026, with trading of the resulting issuer subordinate voting shares commencing two trading days later, on or around Oct. 1, 2026, under ticker symbol WSTR.

Immediately prior to completion of the transaction, WellStar will consolidate its subordinate voting shares and multiple voting shares on a six-for-one basis. Every six shares of each class will become one share of the same class.

Following the consolidation and completion of the transaction, the resulting issuer is expected to have a total of 77,223,308 shares issued and outstanding, comprising 35,603,308 resulting issuer subordinate voting shares and 41.62 million multiple voting shares. Well Health will hold all of the resulting issuer's multiple voting shares. A total of 30,296,464 resulting issuer subordinate voting shares will be subject to voluntary lock-up arrangements.

shareholders who hold their WellStar or 818 subordinate voting shares in registered form will receive their resulting issuer subordinate voting shares in registered form. Shareholders who wish to hold these shares through a brokerage account should contact their broker.

Well is also providing an update on WellStar's previously announced treasury offering and secondary offering by an existing WellStar shareholder. The net proceeds available to WellStar from the treasury offering and the proceeds available to the existing shareholder from the secondary offering are being held in escrow pending satisfaction of applicable release conditions, including the closing of the transaction.

The subscription receipts issued in the treasury offering were priced at $1.03 each, equivalent to a price of $6.18 per postconsolidation share.

Once the applicable release conditions are satisfied, each subscription receipt issued in the treasury offering will entitle its holder to receive one-sixth of a postconsolidation WellStar subordinate voting share. These shares will then be exchanged on a one-for-one basis for resulting issuer subordinate voting shares.

For further details on the transaction, please refer to the filing statement, which has been posted on 818's profile on SEDAR+, as well as Well's news releases dated July 7, 2026, and July 31, 2026. The filing statement provides detailed information about, among other things, the transaction, WellStar, 818 and the resulting issuer.

About WellStar Technologies Corp.

WellStar is a leading health care technology company dedicated to reshaping health care through digital enablement. It provides a comprehensive, holistic solution for health care providers across Canada, with over 40 per cent of practitioners currently using WellStar's products and services. WellStar's solutions serve primary care and specialist physicians, health systems, and public-sector organizations through a complete suite of artificial-intelligence-enabled offerings, including billing and practice management systems, electronic medical record (EMR) systems, digital health applications, and digital health network solutions. As a majority-owned subsidiary of Well Health, WellStar continues to drive innovation and transformation in the Canadian health care landscape, reducing administrative burden and empowering providers to deliver better patient outcomes through advanced technology solutions.

About Well Health Technologies Corp.

Well Health Technologies is Canada's largest outpatient health care company and a leading provider of technology-enabled health care solutions. Well is building the infrastructure for a healthier Canada, where every patient gets better care, every provider is empowered by AI and every piece of health data is protected. Well owns and operates 275 clinics in Canada, supporting more than five million annual patient visits. Through its subsidiary WellStar, Well provides electronic medical records, AI-powered clinical tools, patient engagement platforms and IT management services. Well provides cybersecurity services through its CyberWell subsidiary. Well is publicly traded on the Toronto Stock Exchange under the symbol WELL and on the OTC Exchange under the symbol WHTCF.

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