Mr. David Michaud reports

PARVIS ANNOUNCES GRANT OF RESTRICTED SHARE UNITS

Parvis Invest Inc. has granted 2,174,020 restricted share units of the company (the RSUs) to certain directors, officers and employees of the company pursuant to restricted share unit agreements (the RSU agreements), the terms and conditions of the omnibus equity incentive plan of the company and the policies of the TSX Venture Exchange. A total of 33.33 per cent of the RSUs will vest one year after the grant date, following which 8.33 per cent of the RSUs will vest quarterly until the date that is three years after the grant date. Each RSU shall be settled by the issuance of one common share of the company, or an equivalent cash value, to the holder of the RSU following each vesting date.

Certain of the RSU agreements are considered related party transactions under Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions because of the participation of the directors and officers of the company. These transactions are exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value of the securities issued nor the consideration provided therefor exceed 25 per cent of the company's market capitalization.

About Parvis Invest Inc.

Parvis is a technology-driven real estate investing platform. Focused on broadening access to institutional quality real estate investment opportunities, Parvis promotes greater access in this historically inaccessible and illiquid asset class. Enabled by blockchain technology, Parvis makes finding, tracking and maximizing investments an experience that is both frictionless and empowering. Parvis, headquartered in Vancouver, employs experts in Toronto, Vancouver, Kelowna and Montreal.

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