Mainstreet Announces Approximately 80% Shareholder Participation at Annual General Meeting

CALGARY, Alberta--(BUSINESS WIRE)--Mainstreet Equity Corp. – TSX:MEQ

Mainstreet is pleased to announce the successful completion of its Annual General Meeting (AGM), held March 5, 2026, where approximately 80% of shares were represented, in person or by proxy, reflecting strong shareholder engagement and confidence.

"We are incredibly pleased with this year’s high participation of 80%," said Bob Dhillon, CEO and Founder of Mainstreet. "This strong voter turnout highlights our shareholders' commitment and confidence in our strategic direction."

Navjeet (Bob) Dhillon, Joseph Amantea, Ron Anderson, Karanveer Dhillon, Richard Grimaldi and John Irwin were re-elected to the board of directors of the Corporation for the upcoming year as follows:

	Outcome of Vote	Votes For	%	Withheld	%
Navjeet (Bob) Dhillon	Elected	6,642,198	90.8	676,357	9.2
Joseph Amantea	Elected	6,022,570	82.3	1,295,985	17.7
Ron B. Anderson	Elected	6,231,881	85.2	1,086,674	14.8
Karanveer Dhillon	Elected	6,223,020	85.0	1,095,535	15.0
Richard Grimaldi	Elected	6,033,794	82.5	1,284,761	17.5
John Irwin	Elected	6,052,930	82.7	1,265,625	17.3

PricewaterhouseCoopers LLP was re-appointed as the Corporation’s auditor.

Details in respect of all of the resolutions approved at the AGM may be found in the Management Information Circular prepared in connection with the meeting dated January 29, 2026, available at www.sedarplus.ca.

Mainstreet remains committed to fostering transparency and engagement with its shareholders as it moves forward with its strategic priorities.

About Mainstreet

Mainstreet Equity Corp. (“Mainstreet”) is a Calgary-based real estate operating company, traded on the Toronto Stock Exchange (TSX:MEQ). Mainstreet is a top provider of high-quality, affordable multi-family rental units in western Canada, covering BC, AB, SK, and MB, with year-to-date holdings of over 19,200 units. The company's long-term value is anchored by a counter-cyclical strategy to aggressively acquire undervalued units at distressed prices, using low-cost capital. Once acquired, Mainstreet rapidly stabilizes the assets to minimize cycle times and boost net operating income. The company employs a 100% organic, non-dilutive growth model, leveraging its robust liquidity position. As at Q1 2026, Mainstreet’s assets were valued at approximately CDN $3.8 billion based on IFRS value.

SOURCE: Mainstreet Equity Corp. (TSX: MEQ)