Mr. Harris Kupperman reports

MONGOLIA GROWTH GROUP ANNOUNCES VOTING RESULTS OF ITS ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

Mongolia Growth Group Ltd. today released the voting results from its annual general and special meeting of shareholders held on Oct. 7, 2025. A total of 14,550,463 common shares of the company, representing 57.15 per cent of the issued and outstanding common shares of the company, were voted in connection with the meeting by shareholders and proxy holders. All of the matters put forward before the company's shareholders for consideration and approval, as set out in the company's information circular dated Aug. 27, 2025, were approved by the requisite majority of the votes cast at the meeting. In particular, at the meeting, shareholders approved fixing the number of directors at five, electing Harris Kupperman, Nick Cousyn, Jim Dwyer, Brad Farquhar and Robert Scott as the directors of the company for the ensuing year, and appointing Davidson & Company LLP as auditor of the company for the ensuing year at such remuneration as may be fixed by the board of directors. In addition to the foregoing, at the meeting, shareholders (99.1 per cent of shareholders in favour) also approved the sale of the company's KEDM business to an arm's-length purchaser and shareholders (99.1 per cent of all shareholders in favour as well as 98.1 per cent of shareholders in favour after excluding the votes of any non-arm's-length shareholders as required by the rules of the TSX Venture Exchange) approved the sale of the company's office property in Rincon, Puerto, Rico to Lemontree LLC, an entity owned by Harris Kupperman, the company's chairman, president and chief executive officer.

The company currently expects closing of the KEDM and office sale transactions to occur on or about Oct. 31, 2025. Upon completion of such transactions, the company expects the listing of the company's common shares will be transferred to the NEX board of the TSX Venture Exchange. The company expects to provide further information on such transfer in connection with announcing the closing of the transactions.

We seek Safe Harbor.