Ms. Christine Mastrangelo reports

MINILUXE ANNOUNCES PROPOSED SHARES FOR DEBT ISSUANCE

Miniluxe Holding Corp. intends to issue an aggregate of 1,428,571 Class A subordinate voting shares at a deemed price of 35 U.S. cents per share to an arm's-length third party in settlement of $500,000 (U.S.) owing pursuant to the terms of a previously entered into asset purchase agreement between the parties.

Completion of this shares-for-debt settlement is subject to the satisfaction of customary closing conditions, including the approval of the TSX Venture Exchange. All securities issued will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities legislation.

About Miniluxe Holding Corp.

Miniluxe, a Delaware corporation based in Boston, Mass., is a lifestyle brand and talent empowerment platform servicing the beauty and self-care industry. Through its company-owned and partner-operated studios, the company delivers high-quality nail care and esthetic services that incorporate the brand's proprietary products. For over a decade, Miniluxe has been elevating industry standards through healthier, ultrahygienic services, modern design, ethical labour practices and better-for-you, cleaner products. Miniluxe's vision is to radically transform the highly fragmented and underregulated self-care and nail care industry through its brand, standards and technology platform that together enable better talent and client experiences.

Toward building long-term durable value for its stakeholders, Miniluxe is expanding its reach through franchising and operating JV partners seeking ownership and impact with a brand recognized as the best nail salon franchise. Through self-care and self-expression, Miniluxe is empowering one of the largest hourly work forces through professional development, economic mobility and equity ownership. Since its founding, Miniluxe has performed over 4.5 million services.

We seek Safe Harbor.