Ms. Christine Mastrangelo reports

MINILUXE ANNOUNCES PLANNED SHARE ISSUANCE FOR A NEW STUDIO LOCATION ACQUISITION IN THE DFW (DALLAS FORT WORTH) REGION

Miniluxe Holding Corp. is planning to issue 437,500 subordinate voting shares of the company at a price of 40 U.S. cents per share, in connection with the formation of a limited liability company established to acquire a new studio location in the Dallas-Fort Worth market.

The acquisition of an existing salon business that Miniluxe will convert to its own brand does not represent a material transaction in terms of cash value or size. This announcement is being made to communicate the issuance of 437,500 new shares from treasury, representing well under 1 per cent of the company's fully diluted share ownership.

This planned transaction is with a non-related party and is subject to approval by the TSX Venture Exchange.

About Miniluxe Holding Corp.

Miniluxe, a Delaware corporation based in Boston, Mass., is a lifestyle brand and talent empowerment platform servicing the beauty and self-care industry. The company focuses on delivering high-quality nail care and esthetic services, and offers a suite of trusted proprietary products that are used in the company's owned-and-operated studio services. For over a decade, Miniluxe has been elevating industry standards through healthier, ultrahygienic services, a modern design esthetic, socially responsible labour practices and better-for-you, cleaner products. Miniluxe aims to radically transform a highly fragmented and underregulated self-care and nail care industry through its brand, standards and technology platform that collectively enable better talent and client experiences.

In addition to creating long-term durable economic returns for stakeholders, Miniluxe is expanding its reach through franchising and acquisition of existing nail salons, offering entrepreneurs the opportunity to partner with a brand recognized as the best nail salon franchise. Miniluxe seeks to empower one of the most diverse and largest hourly worker segments through professional development, economic mobility and ownership opportunities. For its clients, Miniluxe offers best-in-class self-care services and better-for-you products, and for nail care and beauty professionals, Miniluxe seeks to become the employer of choice. Since its inception, Miniluxe has performed over four million services.