Mr. David Michaud reports

PARVIS SIGNS BINDING LETTER OF INTENT TO ACQUIRE FAVORPOINT CAPITAL, A U.S. FINRA-REGISTERED BROKER-DEALER, EXPANDING INTO AMERICAN PRIVATE MARKETS

Parvis Invest Inc. has entered into a binding letter of intent (the LOI) to acquire 100 per cent of the outstanding equity interests of FavorPoint Capital LLC, a Financial Industry Regulatory Authority-registered broker-dealer headquartered in Scottsdale, Ariz.

According to a 2025 Securities and Exchange Commission research, the United States accredited investor population exceeds 33.6 million while Canada's is estimated at approximately 1.7 million. For Canadian private market issuers, that gap has represented both an obvious opportunity and a structural barrier: accessing U.S. capital has historically required a separate distribution relationship, a separate compliance regime and a separate regulatory registration. Through FavorPoint's FINRA membership, Parvis removes all three.

Following closing, a single Parvis issuer will be able to raise from Canadian and U.S. accredited investors through one platform, one onboarding process, and one regulated distribution relationship. Parvis will also be able to act as a placement agent for U.S. Regulation D private offerings, onboard U.S.-based accredited investors directly, and originate new mandates from U.S. real estate sponsors and fund managers.

The transaction is structured as a two-stage all cash acquisition. Under the terms of the LOI, Parvis will acquire an initial 24.9-per-cent minority interest in FavorPoint, with the remaining 75.1-per-cent interest to be acquired following the approval of a Continuing Membership Application (CMA) by the Financial Industry Regulatory Authority (FINRA). Expected to close on or about June 15, the transaction is subject to customary closing conditions and required regulatory approvals, including TSX Venture Exchange acceptance as a reviewable transaction under Policy 5.3, FINRA approval of the change in ownership of FavorPoint Capital LLC under Rule 1017, completion of due diligence, execution of a definitive share purchase agreement and any other required third party approvals. Parvis's board of directors has approved the transaction. There can be no assurance that all conditions will be satisfied or that the transaction will be completed on the terms described, or at all.

"Canadian private market issuers on our platform have been asking for U.S. distribution access for some time," said David Michaud, founder and chief executive officer of Parvis. "This acquisition gives them a regulated path to U.S. capital through a single platform, without managing separate distribution relationships or compliance regimes on each side of the border. Through FavorPoint, a single Parvis issuer can now raise from Canadian and U.S. accredited investors through one regulated platform. The U.S. accredited investor market is significantly larger than Canada's, and our issuers have been underserved by the lack of a direct, compliant path to it. This acquisition closes that gap."

The combined entity will extend Parvis's existing artificial-intelligence-powered deal sourcing and digital distribution infrastructure across the U.S. market without requiring a material technology rebuild. FavorPoint's existing leadership team will remain in place following closing to ensure regulatory continuity across the firm's FINRA-regulated operations.

FavorPoint Capital is a FINRA/SIPC member broker-dealer focused on curating and distributing private real estate investment opportunities to U.S. accredited investors. The firm was founded by Brandon Poulin, chief executive officer, and Nicholas Bayerle, chief capital markets officer, both of whom hold FINRA Series 82, 63 and 24 registrations. Its leadership team also includes David Hunt, chief compliance officer, with nearly 30 years of senior securities compliance experience, and Ken George, financial operations officer, a licensed CPA with 40 years in broker-dealer operations.

"Joining the Parvis platform is a natural evolution for FavorPoint," said Brandon Poulin, founder and chief executive officer of FavorPoint Capital. "We have always believed that the everyday accredited investor deserves access to the same calibre of private investment opportunities that institutions have long enjoyed. Parvis shares that conviction, and brings technology, regulatory infrastructure and a cross-border network that will allow us to serve more investors, more issuers and ultimately create more meaningful impact. We are proud to be part of this next stage of growth."

The transaction follows Parvis's acquisition of Richmond Global Wealth Inc., a full-service Canadian wealth and investment advisory firm, completed in April, 2026, and its entering into a letter of intent to purchase all of the shares of Atlas One Digital Securities Inc., announced last week. Taken together, these transactions reflect a deliberate buildout, Parvis is assembling the regulated infrastructure required to operate as a fully integrated North American private investment marketplace, serving issuers and investors across the full spectrum of the private capital market.

Following closing of the transaction, FavorPoint Capital will become a wholly owned U.S. subsidiary of Parvis, registered with FINRA as a broker-dealer and operating in compliance with applicable U.S. securities laws. Parvis's Canadian operations will continue to be conducted through its subsidiary, Parvis Investment Services Inc., registered as an exempt market dealer with securities commissions across Canada.

About FavorPoint Capital LLC

FavorPoint Capital is a FINRA/SIPC member broker-dealer helping everyday accredited investors access professionally curated private real estate investments. The firm sources and filters American real estate opportunities, conducts rigorous multiparty diligence, negotiates investor-friendly terms where available and facilitates deal-by-deal access to private placements offered through formal offering materials. FavorPoint was founded by Brandon Poulin, founder and CEO, and Nicholas Bayerle, co-founder and chief capital markets officer, both of whom hold FINRA Series 82, 63 and 24 registrations. The firm is further supported by a seasoned compliance, financial operations and broker-dealer infrastructure team with decades of experience across securities compliance, FINOP oversight, regulatory operations and private placement execution.

About Parvis Invest Inc.

Parvis is a technology-driven investment platform dedicated to expanding access to institutional-quality private market opportunities. Headquartered in Vancouver, Parvis operates across Canada with teams in Toronto, Vancouver and Montreal. The company is registered as an exempt market dealer under National Instrument 31-103 and listed on the TSX Venture Exchange (TSX-V: PVIS).

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