Mr. Todd Hudson reports

AXIS ANNOUNCES FILING OF CREDIT AGREEMENT AND AMENDMENTS

At the request of the Ontario Securities Commission, Axis Auto Finance Inc. has filed a copy of the credit agreement and associated amendments in respect of the company's senior financing facility. If the transaction described in the company's press release dated Oct. 21, 2024, and its management information circular dated Oct. 30, 2024, are approved and completed, then a portion of the proceeds from such transaction will be used to repay the amounts outstanding under the facility.

About Axis Auto Finance Inc.

Axis is a fintech (financial technology) lender providing alternative used vehicle financing options to non-prime borrowers. Axis loans are offered through automotive dealers to approximately 30 per cent of Canadians (source: Equifax) that have credit scores in the non-prime range. All Axis auto loans report to the credit bureau, resulting in over 70 per cent of customers seeing a significant improvement of their credit scores.

We seek Safe Harbor.