Mr. Emmanuel Mounouchos reports

AVANTE CORP. ANNOUNCES ELECTION OF DIRECTORS AND RESULTS OF 2023 ANNUAL GENERAL AND SPECIAL MEETING

The nominees set forth in Avante Corp.'s management information circular dated Aug. 28, 2023, being Daniel Argiros, Wade Burton, Robert Klopot, Emmanuel Mounouchos and Bruce Bronfman, were elected as directors of the company at the annual general and special meeting of shareholders held today. The directors elected at the meeting will hold office until the next annual general meeting of the company or until their earlier resignation or removal.

At the meeting, shareholders also approved the reappointment of RSM Canada LLP as the auditor of the company for the 2023 fiscal year and the ratification of the company's stock option plan. Further information with respect to the matters considered at the meeting can be found in the circular, which is available under Avante's issuer profile at SEDAR+.

About Avante Corp.

Avante (TSX Venture Exchange: XX) is a Toronto-based provider of high-end security services. It acquires, manages and builds industry-leading businesses, which provide specialized, mission-critical solutions that address the needs of its customers. Its businesses continuously develop innovative solutions that enable its customers to achieve their objectives. With an experienced team and a proven record of solid growth, it is taking steps to establish a broad portfolio of security businesses to provide its customers and shareholders with exceptional returns.