Ms. Lana Castleman reports

THUNDERBIRD ENTERTAINMENT GROUP ANNOUNCES ARRANGEMENTS TO ADDRESS MAILING DELAYS RESULTING FROM CANADA POST STRIKE

Thunderbird Entertainment Group Inc. has provided an update to shareholders on the impact of the strike by the Canadian Union of Postal Workers on the company's ability to comply with its obligations to deliver to shareholders its financial statements and related disclosure and proxy-related materials in respect of the company's annual general and special meeting of shareholders scheduled to be held virtually on Dec. 12, 2024, at 9 a.m. PT.

As a result of the strike, and pursuant to CSA Coordinated Blanket Order 51-931 -- Temporary Exemption from requirements in National Instrument 51-102 -- Continuous Disclosure Requirements and National Instrument 54-101 -- Communication with Beneficial Owners of Securities of a Reporting Issuer to send certain proxy-related materials during a postal strike, the company is advising shareholders that:

1. At the meeting, shareholders will be asked to vote on the following matters, all as more particularly described in the information circular:
   1. To fix the number of directors of the company for the ensuing year at seven;
   2. To elect the seven directors of the company for the ensuing year;
   3. To reapprove the company's existing stock option plan;
   4. To reapprove the company's existing equity incentive compensation plan;
   5. To consider, and if deemed appropriate, to pass, with or without variation, an ordinary resolution to replace the existing stock option plan and equity incentive compensation plan of the company with an omnibus share compensation plan;
   6. To appoint PricewaterhouseCoopers LLP, chartered professional accounts as the company's auditor for the ensuing year and to authorize the directors of the company to fix the remuneration to be paid to the auditor;
   7. To transact any other business as may be properly transacted at the meeting.
2. Electronic versions of the information circular, the form of proxy and all other proxy-related materials, as applicable, have been filed and are available on SEDAR+ and are posted to the company's website.
3. The company has satisfied all of the conditions to rely on, and is relying on, the exemption provided by the blanket order from the requirement to send proxy-related materials to its shareholders.
4. The company will provide copies of the applicable proxy-related materials by e-mail to each entitled shareholder who requests same while the strike is continuing, at no charge.
5. If you are a registered shareholder, please contact the company's transfer agent, Odyssey Trust Company, to submit a request for your individual control number to vote by selecting "I am a shareholder" then "obtain proxy control number" to cast your vote for the upcoming meeting.
6. Beneficial shareholders are shareholders who hold their investment through a brokerage house, depository company or other intermediary. Beneficial shareholders should contact their brokerage house or depository company or other intermediary and ask to obtain their voting control number and the steps of how to vote, which could include Internet voting, completing a form of proxy and e-mailing it, directing your broker over the phone on how you wish to vote or some other method as described by your brokerage house or depository company. The voting deadline for the company's upcoming meeting is 9 a.m. PT, on Dec. 10, 2024.
7. Shareholders can direct requests under (4), (5) or (6) above to the company's transfer agent, Odyssey Trust Company.

About Thunderbird Entertainment Group Inc.

Thunderbird is a global award-winning, full-service multiplatform production, distribution and rights management company, headquartered in Vancouver, with additional offices in Los Angeles and Ottawa. Thunderbird creates award-winning scripted, unscripted and animated programming for the world's leading digital platforms, as well as Canadian and international broadcasters. The company develops, produces and distributes animated, factual and scripted content through its various content arms, including Thunderbird Kids and Family (Atomic Cartoons), Thunderbird Unscripted (Great Pacific Media), and Thunderbird Scripted. Productions under the Thunderbird umbrella include Mermicorno: Starfall, Super Team Canada, Molly of Denali, Highway Thru Hell, Kim's Convenience, Boot Camp, and Sidelined: The QB and Me. Thunderbird Distribution and Thunderbird Brands manage global media and consumer products rights, respectively, for the company and select third parties.

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