File: Attachment 2026-05-26 Press Release Q1 2026 Financial Results - final.pdf

REGENT PACIFIC PROPERTIES INC. ANNOUNCES ITS FINANCIAL RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2026

May 26, 2026

For Immediate Release

Edmonton, Canada Regent Pacific Properties Inc. (TSXV: "RPP") ("Regent" or the "Company") is pleased to announce its financial results for the three months ended March 31, 2026, and the related Management's Discussion and Analysis.

The Company recorded net rental income of $404,488 for the three months ended March 31, 2026, compared to $438,480 in the same period in 2025. Net income and comprehensive income for the three months ended March 31, 2026 was $108,150, compared to $215,653 in the same period in 2025.

The changes are primarily due to: dot changes in leased space by a tenant; dot higher direct operating and general and administrative expenses; dot increased finance costs following the renewal of the commercial mortgage; dot fair value adjustments on the commercial investment property; and dot the sale of a unit within the Company's commercial investment property ("Cassel Centre"), as previously announced on April 9, 2026, for gross proceeds of $3,350,000 to an arm's length purchaser, of which $2,500,000 of the net proceeds has been applied to repayment of a portion of mortgage on Cassel Centre in April 2026.

The Company's financial results for the three months ended March 31, 2026, and the related Management's Discussion and Analysis, have been filed and are available on the System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca. For further information contact:

Eddie W. W. Yu, President and Chief Executive Officer Telephone: (780) 424-9898 Email: info@cassel.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.