Mr. Mike Marrandino reports

MARBLE FINANCIAL STRENGTHENS ITS ADVISORY AND ACCOUNTING TEAM

Marble Financial Inc. has made additions to its advisory team and accounting department.

Ryan Hartigan -- adviser: Mr. Hartigan is an experienced technology professional with considerable expertise in sales and marketing in the automotive industry. The company is looking forward to his contributions in multiple areas, especially, in growth opportunities with Accumulate.ai.

Jozef De Ruysscher -- adviser: Mr. De Ruysscher brings significant industry experience in automotive finance, as well as helping consumers rehabilitate their credit and debt situations. The company looks forward to utilizing his unique set of skills and experience in strategic growth areas related to Accumulate.ai and Marble Financial's CreditMeds solution.

Bennet Liu -- controller: Mr. Liu has eight years of professional experience, during which he served as both controller and chief financial officer with various TSX Venture Exchange- and Canadian Securities Exchange-listed companies. His skill set involves financial reporting, audit functions and cash management, with a particular focus in the technology and mining sectors. He acquired his CPA designation in 2021 and is currently pursuing his CFA charter, having cleared both Level 1 and 2 exams with success.

The company also announces that it expects to be delayed in the filing of its annual audited financial statements, associated management's discussion and analysis, and officer certifications for the fiscal year ended Dec. 31, 2022, which are due on May 1, 2023. The company expects this delay will further result in insufficient time to allow for the preparation and filing of its quarterly financial statements, associated MD&A and officer certifications for the succeeding interim period ended March 31 2023, which will be due on May 30, 2023. The company has applied for a management cease trade order pursuant to National Policy 12-203 (Management Cease Trade Orders).

The delay in the annual filings (and the directly resulting delay in the interim filings) is due to the implementation of new audit procedures requiring additional audit reviews and verifications. As a result, the company's auditor requires additional time to complete the audit process. The company is not aware of any disagreements or issues in the audit process itself, and therefore expects the audit process to be completed and the annual filings to be filed as early as 15 days (on or before May 15, 2023) and not more than 60 days (on or before June 29, 2023) of the noted deadline. Likewise, the company expects the interim filings to be prepared and filed within five business days of the filing of the annual filings.

The company intends to satisfy the provisions of the alternative information guidelines set forth in sections 9 and 10 of National Policy 12-203 (Management Cease Trade Orders) so long as it remains in default of the annual filings and so long as it anticipates or is in default of the interim filings. The company further advises that it is not subject to any insolvency proceedings and that there is no other material information concerning the affairs of the company at this time that has not been generally disclosed.

Marble Financial also announces the grant of an aggregate of 700,000 stock options and one million performance restricted share units to employees and advisers, pursuant to the company's stock option and long-term performance incentive plan. Each PRSU represents the right to receive, once vested, one common share in the capital of the company.

The stock options expire in five years from the date of grant, vest in equal one-quarter amounts starting on the date of grant, and in each of the first-year, second-year and third-year anniversaries from the date of grant, and are exercisable at eight cents per share.

The PRSUs expire in one year from the date of the grant and vest based on specific performance-based criteria with AccumulateAi. Each PRSU vested entitles the holder to receive one common share of the company. Up to 125,000 PRSUs can be earned and vest per financial quarter.

The grant of the stock options and PRSUs is subject to approval from the CSE.

About Marble Financial Inc.

Marble Financial is a leading provider of software-as-a-service (SaaS) solutions that empower businesses to acquire and use real-time financial data to better transact with consumers. Along with enabling smarter marketing return on investment for partners seeking increased conversion rates to those consumers who require further monitoring, predictive financial recommendations and guidance to rehabilitate them to transact in the future. Utilizing Marble Financial's proprietary and proven artificial intelligence data-driven technology platforms, Inverite, Accumulate.ai and MyMarble, businesses and consumers are empowered in real time, have access to a 360-degree financial profile that includes credit and banking data. Marble Financial leverages machine learning, artificial intelligence, predictive financial recommendations, risk scores and open-banking strategies to put the power of financial data into the hands of businesses and consumers, promoting more robust relationships and higher intent toward future engagements.

We seek Safe Harbor.