Mr. Ben Lui reports

YORKTON EQUITY GROUP INC. ANNOUNCES RESULTS OF ITS ANNUAL GENERAL AND SPECIAL MEETING

Yorkton Equity Group Inc. held its annual general and special meeting for the fiscal year ended Dec. 31, 2022. A total of 86,124,963 common shares were voted at the meeting, representing 76.45 per cent of the issued and outstanding shares of the company as at the record date. All matters to be acted upon, as set out in the company's notice of annual general and special meeting and management information circular dated May 8, 2023, were approved by shareholders at the meeting.

The company's shareholders voted to:

• Fix the number of directors at four;
• Elect Ben Lui, Bill Smith, Mark Wilbert and Jason Theiss as directors of the company for the ensuing year;
• Appoint Kenway Mack Slusarchuk Stewart LLP, chartered professional accountants, as the company's auditor for the ensuing year;
• Reapprove the company's 10-per-cent rolling stock option plan, as further described in the notice of annual general and special meeting and management information circular dated May 8, 2023.

Disinterested shareholders also voted to approve the company's omnibus security-based compensation plan, which includes a 10-per-cent rolling stock option plan with cashless and net exercise provisions together with a 10-per-cent fixed equity compensation plan (other than stock options), as further described in the notice of annual general and special meeting and management information circular dated May 8, 2023, subject to the acceptance of the TSX Venture Exchange.

After the meeting, shareholders were given a presentation on current real estate market conditions and the company's business model and recent property acquisitions.

Mr. Lui, president and chief executive officer of Yorkton, remarked: "We are delighted to announce the resounding success of our annual general and special meeting. This event showcased the exceptional progress we have made, fuelled by rapid growth and strategic investments. We appreciate the support demonstrated by our shareholders and would like to thank all the shareholders for their participation at the meeting."

About Yorkton Equity Group Inc.

Yorkton Equity Group is a growth-oriented real estate investment company committed to providing shareholders with growing assets through accretive acquisitions, organic growth and the active management of multifamily rental properties with significant upside potential. The company's current geographical focus is markets in Alberta and British Columbia with diversified and growing economies, and strong population in-migration. Yorkton's business objectives are to achieve growing net operating income (NOI) as well as the asset values in its multifamily rental property portfolio in strategic markets across Western Canada.

We seek Safe Harbor.