Mr. Puneet Khanna reports

CARERX CORPORATION ESTABLISHES AUTOMATIC SHARE PURCHASE PLAN

CareRx Corp., in connection with its previously announced normal course issuer bid (NCIB) to purchase up to one million of its common shares during the 12-month period beginning Sept. 7, 2023, and ending Sept. 6, 2024, has entered into an automatic share purchase plan (ASPP) with a designated broker. The ASPP is intended to allow for the purchase of Shares under the NCIB during pre-determined times when CareRx would ordinarily not be permitted to purchase Shares due to regulatory restrictions and customary blackout periods.

The Company has authorized the designated broker to make purchases under the NCIB in accordance with the terms of the ASPP. Such purchases will be determined by the designated broker at its sole discretion based on certain parameters as to price and number of Shares set by CareRx in accordance with the rules of the Toronto Stock Exchange ("TSX"), applicable securities laws and the terms of the ASPP. The ASPP constitutes an "automatic plan" for the purposes of applicable securities laws and has been pre-cleared by the TSX. The ASPP will commence immediately and terminate when the NCIB expires, unless terminated earlier in accordance with the terms of the ASPP.

Outside of pre-determined blackout periods, Shares may be purchased under the NCIB based on management's discretion, in compliance with TSX rules and applicable securities laws. All purchases made under the ASPP will be included in computing the number of Shares purchased under the NCIB.

About CareRx Corporation

CareRx is Canada's leading provider of pharmacy services to seniors living communities. We serve approximately 91,000 residents in over 1,500 seniors and other congregate care communities (long-term care homes, retirement homes, assisted living facilities, and group homes). We are a national organization with a large network of pharmacy fulfillment centres strategically located across the country. This allows us to deliver medications in a timely and cost-effective manner and quickly respond to routine changes in medication management. We use best-in-class technology that automates the preparation and verification of multi-dose compliance packaging of medication, providing the highest levels of safety and adherence for individuals with complex medication regimens. We take an active role in working with our home operator partners to promote resident health, staff education, and medication system quality and efficiency.

We seek Safe Harbor.