Mr. David Michaud reports

PARVIS ANNOUNCES LEADERSHIP CHANGES TO DRIVE GROWTH AND ALIGNMENT

Jas Bagry has submitted his resignation as chief financial officer (CFO) of the company, effective Jan. 31, 2025. Mr. Bagry will remain on the board of directors. Following Mr. Bagry's resignation, Thomas Chan, the company's director of finance, will assume the role of interim CFO. The team updates include the promotion of Zoe Seguev to chief compliance officer (CCO) and head of operations and Guillermo O'Byrne to director of product.

Highlights:

• Jas Bagry to resign as chief financial officer; will remain a member of its board of director;
• Tommy Chan promoted to interim chief financial officer;
• Zoe Seguev promoted to chief compliance officer and head of operations;
• Guillermo O'Byrne promoted to director of product.

"With the launch of our direct access fund and growing demand for real estate investment opportunities, Parvis is at an exciting juncture," said David Michaud, co-founder and chief executive officer. "Having the right people in the right roles is critical to ensuring we continue to execute effectively. The contributions Jas has made have been instrumental to our success, and I'm grateful for his continued guidance as a board member. At the same time, I'm thrilled to see Zoe, Guillermo and Tommy step into these critical roles. Their expertise and dedication position Parvis to deliver on our vision of making real estate investing more accessible, transparent and impactful."

• Chief financial officer: Mr. Bagry, who has played an instrumental role in shaping Parvis's financial strategy during a critical period of growth, will remain engaged with Parvis as a member of its board of director. Mr. Chan brings over 15 years of experience in corporate finance, financial planning and analysis, and leadership across a variety of industries, including insurtech (insurance technology), retail, and investment banking. Before joining Parvis, Mr. Chan held senior roles at Apollo Insurance, Trader Corp., Walmart Canada, Deloitte Corporate Finance and NewPoint Capital Partners. He is a CFA charterholder and holds a bachelor of business administration from Wilfrid Laurier University.
• Chief compliance officer and head of operations: Since joining Parvis in March, 2023, Ms. Seguev has been instrumental in building the company's operational and compliance framework. With over a decade of regulatory compliance and operational leadership experience, she previously held senior roles at Soho House & Co., WeWork, and Coinsquare, where she contributed to securing Canada's first Investment Industry Regulatory Organization of Canada-regulated crypto broker-dealer status. In her expanded role, Ms. Seguev will oversee compliance, align operations with regulatory standards, and play a key role in launching the Parvis Direct Access Fund and expanding the secondary market.
• Director of product: Mr. O'Byrne, promoted to director of product, has been integral to advancing Parvis's platform and technology initiatives since joining in 2022 during the company's early days. With over seven years of experience in product management, Mr. O'Byrne has a proven record of delivering impactful results at Method: CRM and BMO Capital Markets. He holds a bachelor's degree in industrial engineering from the University of Toronto. In his role, Mr. O'Byrne will lead product strategy and innovation, ensuring Parvis continues to deliver exceptional solutions for its investors while driving the platform's evolution as a leader in private real estate investing.

These leadership updates reflect Parvis's commitment to building a world-class team capable of driving the company's strategic goals. As Parvis expands its marketplace and introduces new investment opportunities, the team's enhanced expertise will ensure operational excellence and continued growth.

About Parvis Invest Inc.

Parvis is a technology-driven investment platform dedicated to democratizing access to institutional-quality opportunities. Utilizing AI (artificial intelligence) and blockchain technology, Parvis streamlines the investment process, making it more accessible and efficient. Headquartered in Vancouver, Parvis operates with experts in Toronto, Vancouver, Kelowna and Montreal.

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