Mr. Andrew Tamlin reports

TWC ENTERPRISES LIMITED ANNOUNCES VOTING RESULTS FROM THE 2024 ANNUAL MEETING OF SHAREHOLDERS

TWC Enterprises Ltd. has released the results of matters voted on at its annual shareholders meeting held on May 8, 2024, which included the election of directors of the corporation, all of the nominees listed in its management information circular dated March 21, 2024. The voting results for each of the matters presented at the meeting are presented herein.

There were 46 shareholders holding 21,984,771 common shares represented in person or by proxy at this meeting. This represents 89.74 per cent of the 24,497,649 issued and outstanding common shares.

1. Election of directors

The eight nominees proposed by management were elected as directors of the corporation to hold office until the termination of the next annual meeting of shareholders or until their successors are duly elected or appointed, subject to the provisions of the corporation. Proxies were received on this matter as shown in an attached table.

2. Appointment of auditor

The firm of Deloitte LLP, chartered professional accountants, was appointed as auditor of the corporation to hold office until the close of the next annual meeting of shareholders or until their successors are duly appointed and to authorize the directors to fix the remuneration of the auditor. Proxies were received on this matter as shown in an attached table.

Votes for         %      Votes withheld          %  

21,982,333    99.99               2,438       0.01

About TWC Enterprises Ltd.

TWC is engaged in golf club operations under the trademark ClubLink One Membership More Golf. TWC is Canada's largest owner, operator and manager of golf clubs with 45.5 18-hole-equivalent championship courses and two 18-hole equivalent academy courses (including three managed properties) at 35 locations in Ontario, Quebec and Florida.