Mr. Craig Armitage reports

MOGO ANNOUNCES RESULTS OF ITS ANNUAL MEETING OF SHAREHOLDERS

The annual general meeting of shareholders of Mogo Inc. was held today via live audiocast on-line and all resolutions put forward, being the election of directors, the appointment of the auditor of the company, and the renewal of the company's stock option plan and all unallocated options thereunder, were approved. Each of the matters voted upon at the meeting is discussed in detail in the company's management information circular dated May 24, 2022, which can be found under the company's profile on SEDAR.

The total number of votes cast by shareholders by proxy or on-line at the meeting was 29,013,586 votes, representing 37.8 per cent of the company's outstanding shares as at May 24, 2022. The voting results are detailed herein.

Election of directors

The nominees listed in the circular were elected as directors of Mogo. Detailed results of the vote are as shown in the attached table.

Appointment of auditor

KPMG LLP was reappointed as auditor of the company until the next annual general meeting of shareholders of the company at remuneration to be fixed by the company's board of directors. Detailed results of the vote are as shown in the attached table.

Approval of unallocated options

The company's stock option plan and all unallocated options under the company's stock option plan were renewed. Detailed results of the vote are as shown in the attached table.

The company has filed a report of voting results on all resolutions voted upon at the meeting under its profile on SEDAR.

About Mogo Inc.

Mogo, one of Canada's leading financial technology companies, is empowering its 1.9 million members with simple digital solutions to help them get in control of their financial health while also making a positive impact with their money. Through the free Mogo app, consumers can access a digital spending account with the Mogo Visa Platinum prepaid card, featuring automatic carbon offsetting, easily buy and sell bitcoin, get free monthly credit score monitoring and ID fraud protection, and access personal loans and mortgages. Mogo's new MogoTrade app offers commission-free stock trading that helps users make a positive impact with every investment and together with Moka, Mogo's wholly owned subsidiary, bringing automated, fully managed flat-fee investing to Canadians, forms the heart of Mogo's digital wealth platform. Mogo's wholly owned subsidiary, Carta Worldwide, also offers a digital payments platform that powers the next-generation card programs from innovative fintech companies in Europe, North America and Asia Pacific.