Mr. Jeff Berman reports

UNIVERSAL PROPTECH INC. ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

Universal Proptech Inc. has released the results of voting on all resolutions presented to its annual general and special meeting of shareholders held on May 31, 2024. A total of 11,327,469 common shares, or 23% of the 49,217,408 issued and outstanding common shares of the Company as at the record date of the Meeting, were voted at the Meeting by proxy.

The following matters were approved by the affirmative vote of the requisite majority of the votes represented at the Meeting:

Re-appointment of MNP LLP as auditor of the Company for the ensuing year and authorizing the directors to fix their remuneration;

The election of Jeff Berman, Al Quong, and Brian Illion to serve as directors until the effective time of the proposed change of business transaction between the Company and Xemoto Media Ltd. ("Xemoto") within the meaning of Policy 5.2 - Changes of Business and Change of Business of the TSX Venture Exchange (the "TSXV") Corporate Finance Manual (the "Change of Board Time");

Setting the number of directors of the Company to be elected following the Change of Board Time to seven (7);

The election of Brandon Mina, Adam Szweras, Brian Presement, Andres Tinajero, Randall Craig, Jeremy Goldman, and Jillian Bannister to serve as directors following the Change of Board Time;

The change of the Company's name to "BrandPilot AI Inc." or such other name as may be determined and acceptable to the board of directors and the applicable regulatory authorities;

The delisting of the Company from the NEX board of the TSXV and its subsequent listing on the Canadian Securities Exchange;The approval of the change of the Company's business to a marketing and technology company; and

The adoption of the Company's new omnibus long-term incentive plan.

Jeff Berman, Chief Executive Officer of UPI, said, "We are delighted that the change of business transaction has been approved, and confident that this will create significant value for UPI shareholders in the short and long term. We look forward to closing the transaction and transitioning leadership to Brandon Mina and his management team, as well as the new board members. We are excited about the future of the combined company and believe that Brandon and his team will lead it to even greater success, with the BrandPilot AI vision."

"I am honored to have had the opportunity to work with Jeff Berman and the outgoing board of UPI. I look forward to working with our talented team and leading the combined company through a period of significant growth. We are enthusiastic about the future of the company and excited to integrate UPI into BrandPilot AI," said Brandon Mina, Chief Executive Officer of Xemoto.

The annual general and special shareholder meeting for Xemoto shareholders will be held on June 7, 2024 at 11:00 a.m. (Toronto time) at the offices of Fogler, Rubinoff LLP, 3000-77 King St. W., Toronto, Ontario M5K 1G8.

About Universal PropTech Inc.

Universal PropTech Inc. (TSXV: UPI.H) is a TSX Venture Exchange listed company focused on evaluating acquisition opportunities in order to enhance shareholder value.

About Xemoto Media Ltd.

Xemoto is an influencer marketing platform focused on helping publicly traded companies and businesses in highly regulated and complex industries better connect with customers. Its proprietary digital technology is uniquely designed to engage investor, business-to-business, and business-to-consumer audiences.

Xemoto's easy-to-navigate automated platform, data-driven insights and commitment to agility ensures that clients can not only execute campaigns quickly but evaluate results efficiently through real-time insights into campaign performance.

Xemoto uses best practices to create brand-safe content with compliance-savvy creators to deliver a strong return on investment for its customers.

We seek Safe Harbor.