Mr. Eddie Yu reports

REGENT PACIFIC PROPERTIES INC. ANNOUNCES ITS FINANCIAL RESULTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2026

Regent Pacific Properties Inc. has released its financial results for the three and six months ended June 30, 2026, and the related management's discussion and analysis.

The company recorded net rental income of $244,798 and $649,286, respectively, for the three and six months ended June 30, 2026, compared with $341,116 and $799,596, respectively, in the same periods in 2025. Net loss and comprehensive loss for the three and six months ended June 30, 2026, were $195,997 and $87,847, respectively, compared with net income and comprehensive income of $103,709 and $319,362, respectively, in the same periods in 2025.

The changes are primarily due to:

• Changes in leased space by a tenant;
• Higher direct operating and general and administrative expenses;
• Increased finance costs following the renewal of the commercial mortgage;
• Fair value adjustments on the commercial investment property; and
• The sale of a unit within the company's commercial investment property (Cassel Centre), as previously announced on April 9, 2026.

The company's financial results for the three and six months ended June 30, 2026, and the related management's discussion and analysis have been filed and are available on SEDAR+.