Mr. Richard Beresford reports

GREENBANK CAPITAL INC. - RESULTS OF SHAREHOLDER MEETING

GreenBank Capital Inc. has released the results of its annual general meeting of shareholders held on July 29, 2022.

Shareholders present at the meeting or represented by proxy represented an aggregate of 25,673,046 common shares, being 56.53 per cent of all GreenBank Capital shareholders (as at the record date for the meeting).

Shareholders approved all matters recommended by management, namely:

• The resolution to receive the audited financial statements of the corporation for the periods ending July 31, 2019, and July 31, 2020;
• The resolution to appoint the four nominees as directors of the corporation to serve until the next annual meeting of shareholders of the corporation or until their successors are elected or appointed;
• The nominated directors received votes for their election (no votes were cast against the resolutions to elect them).

             VOTING RESULTS FOR ELECTION OF DIRECTORS

Nominee              Votes for   Per cent   Votes withheld   Per cent 

Richard Beresford   18,567,388      99.99%           6,217       0.01%   
Steve O'Carroll,    18,567,388      99.99%           6,217       0.01%   
Terry Pullen        18,535,123      99.94%          38,482       0.06%   
Peter Wanner        18,573,584   99.99997%              21    0.00003%

• The resolution to appoint PFK Littlejohn LLP, chartered accountants, as auditor of the company for the current year and authorizing the directors to fix its renumeration;
• The resolution to reapprove the company's 10-per-cent rolling stock option plan;
• The resolution to permit the directors to effect a change of the company's name to such name as the board of directors of the company in its discretion may resolve and as may be acceptable to applicable regulatory authorities.

About GreenBank Capital Inc.

GreenBank Capital is a publicly traded next-generation investment company that has a flexible low-cost overhead structure designed to maximize profitability. Its management is based in Toronto, Dallas and London, and is used to working across borders remotely. GreenBank Capital invests in multisector undervalued public and private growth companies focused on building consistent capital appreciation for its shareholders. Its model of remote working, dynamic space and flexible contracts -- rather than large, fixed costs -- establishes GreenBank Capital as a global investment company for the future.

GreenBank Capital is listed on the Canadian Securities Exchange (GBC), the Frankfurt Boerse (2TL) and the OTC Markets in the United States (GRNB).