Mr. Rob Fia reports

CITY VIEW GREEN HOLDINGS INC. COMPLETES DEBT SETTLEMENTS

Further to City View Green Holdings Inc.'s press release of April 23, 2026, it has now issued an aggregate of 12,815,807 common shares at a deemed price of seven cents per share to settle aggregate debt of $897,106.66. All shares issued in relation to these debt settlements are subject to a hold period expiring Aug. 31, 2026, in accordance with applicable securities laws and CSE (Canadian Securities Exchange) policies.

Certain directors and officers participated in the debt settlement transactions and received an aggregate 9,596,685 shares in consideration for settlement of an aggregate of $671,768 debt. Director and officer participation in the debt settlement transactions constitutes a related party transaction within the meaning of Multilateral Instrument 61-101. Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(b) and 5.7(1)(a) of MI 61-101, as the company is not listed on any of the exchanges or markets outlined in Subsection 5.5(b) of MI 61-101, and the insiders' debt settlement transactions do not exceed 25 per cent of the fair market value of the company's market capitalization.

Rob Fia, the chief executive officer, president and a director of the company, received 4,953,828 shares in settlement of $346,768 debt. Prior to the issuance of the debt settlement shares, Mr. Fia owned or controlled 4,823,220 shares of the company representing approximately 9.7 per cent of the outstanding City View shares. Upon receipt of the 4,953,828 debt settlement shares, Mr. Fia now owns or controls 9,777,048 shares of the company, representing approximately 15.6 per cent of the outstanding City View shares, on a non-diluted basis. On a partially diluted basis (assuming the exercise of all 2.2 million stock options and 462,500 warrants held by Mr. Fia), Mr. Fia would have ownership and control over approximately 19.1 per cent of the then issued City View shares.

The debt settlement shares acquired by Mr. Fia are held for investment purposes only. Mr. Fia may acquire additional securities of the company or dispose of City View shares (through market or private transaction) from time to time.

We seek Safe Harbor.