Mr. Thomas Caldwell reports

URBANA CORPORATION DECLARATION OF DIVIDEND

Urbana Corp.'s board of directors has declared a dividend of 13 cents per share on the issued and outstanding common and non-voting Class A shares of Urbana. The 2025 dividend represents an 8.3-per-cent increase from the dividend the corporation paid in 2024, which was 12 cents per share. The dividend is payable on the Jan. 31, 2025, to the shareholders of record at the close of business on Jan. 17, 2025. The ex dividend date is Jan. 16, 2025.

Eligible dividend designation

Pursuant to Subsection 89(14) of the Income Tax Act of Canada (ITA), each dividend paid by Urbana qualifies as and is designated an eligible dividend for Canadian income tax purposes, as defined in Subsection 89(1) of the ITA.

For a copy of Urbana's current dividend policy, please visit the company's website.

We seek Safe Harbor.