Mr. Kevin Hoffman reports

KADESTONE CAPITAL CORP. ANNOUNCES NEW CHIEF EXECUTIVE OFFICER

Kadestone Capital Corp. has appointed Kevin Hoffman as its new chief executive officer and as a director.

Mr. Hoffman is the current chief development officer of the company and has a wealth of experience in developing large masterplanned communities within the real estate sector. Mr. Hoffman joined Kadestone in 2025 after a successful tenure as CEO of Vanprop Investments, where he spearheaded the redevelopment of a significant 50-acre mall site. Previously, as president of Aquilini Development and Construction, Mr. Hoffman managed an impressive portfolio that included a variety of residential, commercial and mixed-use projects, often collaborating with first nations to foster inclusive communities. His career spans over two decades, with prior roles at Concord Pacific Group and as a founding partner of Bluestone Construction. Armed with a master's degree in business administration and a strong dedication to community engagement, Mr. Hoffman is well regarded for his innovative strategies and exceptional leadership in property development.

Mr. Hoffman said: "I am honoured to become chief executive officer of Kadestone. This is an exciting time for the organization, and I'm grateful to the board for their confidence and support. I look forward to working closely with our team to build on the strong foundation already in place, deepen our relationships with our partners and drive the next phase of our business. Together, I am confident we will create value and pursue opportunities that strengthen our position for the future."

Dr. Anthony Holler, chairman of the company board, said: "The board is delighted to welcome Kevin as our next chief executive officer. Kevin brings deep industry experience, a strong strategic vision, and a demonstrated ability to lead organizations through growth and transformation. We are confident that his leadership will guide our company into its next chapter. We look forward to working closely with Kevin and supporting him as he takes on this important role."

Brent Billey will retain the role of president and remain on the company board of directors. "Brent has been fundamental to the development of the organization from founding to its current stage," said Dr. Holler. "On behalf of the board, I want to express our sincere gratitude to Brent for his exceptional leadership and unwavering commitment to our organization. During his tenure as CEO, Brent guided the company through its IPO and other significant milestones. We continue to appreciate the vision, dedication and integrity he has brought to the company."

About Kadestone Capital Corp.

Kadestone was established to pursue the investment in, acquisition, development and management of residential and commercial income-producing properties, and procurement and sale of building materials within major urban centres and high-growth, emerging markets in Canada. The company operates five complimentary business lines spanning building materials procurement and supply, property development and construction, construction finance, asset ownership and property management. These synergistic business lines have solidified Kadestone's vision to become a market-leading vertically integrated property company.

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