Mr. Mark Pajak reports

WINCHESTER EQUITY CORPORATION ANNOUNCES NEW LOAN AGREEMENT

Further to Winchester Equity Corp.'s news release dated Oct. 3, 2025, the secured convertible promissory note provided to Selma House LLC has been repaid in full.

Background

As previously disclosed, the company made a loan of up to $2-million (U.S.) to Selma, an arm's-length company in the business of real estate investment and private credit. The promissory note was due and payable on Oct. 2, 2026, bearing an interest rate of 10 per cent.

The company accordingly confirms that the promissory note has been repaid in full, including all accrued interest.

Regulatory considerations

The promissory note constitutes an arm's-length transaction (as such term is defined in Policy 1.1 of the TSX Venture Exchange). No non-arm's-length parties of the company (as such term is defined in Policy 1.1 of the TSX-V) have any direct or indirect interest in, or relationship with, Selma, nor are they insiders of Selma.

We seek Safe Harbor.