Mr. Grant Schuetrumpf reports

YANGAROO ANNOUNCES REVOCATION OF CTO AND RESULTS OF 2024 ANNUAL GENERAL MEETING

Yangaroo Inc. has received a revocation order to the failure to file cease trade order (FFCTO) issued by the Ontario Securities Commission (OSC) on May 7, 2024, as previously announced, and has released the voting results from the company's annual general meeting of shareholders held on June 27, 2024.

Cease Trade Order and Suspension of Trading

The Company has received a revocation order from the OSC regarding the lifting of the FFCTO effective June 27th, 2024. The Company is in the process of applying to the TSX Venture Exchange for reinstatement to trading of its common shares and will provide further updates as they become available.

Meeting

Shareholders voted in favour of all items of business put forth at the Meeting. Each of the resolutions are explained in detail in the Management Information Circular dated May 14, 2024, which is available on the Company's website and under the Company's profile on SEDAR+ at www.sedarplus.ca.

The three nominees as proposed by the Company were re-elected to the board of directors, being Mr. Grant Schuetrumpf, Mr. Philip Benson and Mr. H. Shepard Boone. Mr. Anthony Miller did not stand for re-election at this year's Meeting. The shareholders also approved a resolution appointing Baker Tilly WM LLP as auditors for the Company for the ensuing year.

Grant Schuetrumpf, Chief Executive Officer of the Company, commented: "We extend our deepest gratitude to Tony Miller for his 14 years of dedicated service on the board of Yangaroo. Since joining us in 2010, Tony has been an instrumental part of our growth and success.

Tony's extensive background in the media and advertising industry, including his tenure as Chairman Emeritus of MacLaren McCann, one of Canada's leading advertising and marketing communications firms, and Vice Chairman of their global parent, McCann Worldgroup in New York, brought invaluable insights to our team. With over 40 years of experience holding senior positions in advertising agencies across the United States and Canada, his strategic guidance and leadership have significantly contributed to Yangaroo's achievements.

Tony's influence extended beyond the corporate world; he is a former chairman of the Canadian Institute of Communication and Advertising, showcasing his commitment to advancing the industry as a whole. We are deeply appreciative of his dedication and wish him all the best in his future endeavors."

About YANGAROO

Yangaroo is a technology provider in the media and entertainment industry, offering a cloud-based software platform for the management and distribution of digital media content. Yangaroo's Digital Media Distribution System ("DMDS") platform is a patented cloud-based platform that provides customers with a centralised and fully integrated workflow directly connecting radio and television broadcasters, digital display networks, and video publishers for centralised digital asset management, delivery and promotion. DMDS is used across the advertising, music, and entertainment awards show markets.

YANGAROO Inc. is a publicly listed company incorporated on July 28, 1999 under the laws of Ontario as Musicrypt.com Inc. and changed to its present name on July 17, 2007. YANGAROO trades on the TSX Venture Exchange ("TSX-V") under the symbol YOO and in the U.S. under OTCPK: YOOIF.

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