Mr. Gordon Reykdal reports

EVERYDAY PEOPLE FINANCIAL SIGNS PURCHASE AGREEMENT TO ACQUIRE ARVATO FINANCIAL SOLUTIONS LIMITED

Everyday People Financial Corp.'s wholly owned subsidiary, BPO Collections Ltd. (BPO), entered into a share purchase agreement on Oct. 2, 2023, to acquire 100 per cent of the issued and outstanding shares in the capital of Arvato Financial Solutions Ltd. (AFS U.K.), a wholly owned company of Arvato Group.

AFS UK is a leading provider of accounts receivable management services in the United Kingdom ("UK"). AFS UK primarily focuses on providing financial and collection management services in the regulated environment overseen by the UK's Financial Conduct Authority ("FCA"). AFS UK caters to major creditors operating within the financial services, utilities, telecommunications, and debt purchase sectors.

Details of the Acquisition

Pursuant to the terms of the Purchase Agreement, BPO will acquire AFS UK on a debt-free basis. The proposed acquisition (the "Acquisition") is an arm's-length transaction, the Company will not assume any debt, and no finder's fee are to be paid, in connection with the Acquisition. Since no common shares in the capital of Everyday People will be issued under the Acquisition, there will be no new insiders or control persons of Everyday People after the closing of the Acquisition. Shareholder approval of the Acquisition is not required in accordance with the TSX Venture Exchange ("TSX-V") Policy 5.3. This transaction is considered not material, does not involve the issuance of Everyday People securities, does not constitute a fundamental acquisition, and meets other criteria of an "Exempt Transaction" under TSX-V Policy 5.3. Completion of the Acquisition is subject to conditions customary for transactions of this nature, including, but not limited to, the receipt of all requisite third party and regulatory approvals, including the acceptance of the TSX Venture Exchange and the FCA in the UK. The Acquisition is anticipated to close on or before October 31, 2023.

About Everyday People Financial Corp.

Everyday People is a revenue cycle management consolidator founded on the belief that everyone deserves a second chance to reestablish and build credit and have access to affordable credit options. We are headquartered in Edmonton, Alberta Canada with operations in Canada and the UK. We are changing the way revenue cycle management agencies work by enhancing our client services with affordable financial products and literacy programs. Utilizing our own specialized credit facilitation products, we're helping debtors rebuild their financial health and generational wealth.

We seek Safe Harbor.