Company Announcements

Mainstreet Announces Approximately 80% Shareholder Participation at Annual General Meeting

CALGARY, Alberta--(BUSINESS WIRE)--Mar. 6, 2026-- Mainstreet Equity Corp. – TSX:MEQ

Mainstreet is pleased to announce the successful completion of its Annual General Meeting (AGM), held March 5, 2026, where approximately 80% of shares were represented, in person or by proxy, reflecting strong shareholder engagement and confidence.

"We are incredibly pleased with this year’s high participation of 80%," said Bob Dhillon, CEO and Founder of Mainstreet. "This strong voter turnout highlights our shareholders' commitment and confidence in our strategic direction."

Navjeet (Bob) Dhillon, Joseph Amantea, Ron Anderson, Karanveer Dhillon, Richard Grimaldi and John Irwin were re-elected to the board of directors of the Corporation for the upcoming year as follows:

 

Outcome of Vote

 

Votes For

 

%

Withheld

%

 
 

Navjeet (Bob) Dhillon

Elected

 

6,642,198

 

90.8

676,357

9.2

 
 

Joseph Amantea

Elected

 

6,022,570

 

82.3

1,295,985

17.7

 
 

Ron B. Anderson

Elected

 

6,231,881

 

85.2

1,086,674

14.8

 
 

Karanveer Dhillon

Elected

 

6,223,020

 

85.0

1,095,535

15.0

 
 

Richard Grimaldi

Elected

 

6,033,794

 

82.5

1,284,761

17.5

 
 

John Irwin

Elected

 

6,052,930

 

82.7

1,265,625

17.3

 

PricewaterhouseCoopers LLP was re-appointed as the Corporation’s auditor.

Details in respect of all of the resolutions approved at the AGM may be found in the Management Information Circular prepared in connection with the meeting dated January 29, 2026, available at www.sedarplus.ca.

Mainstreet remains committed to fostering transparency and engagement with its shareholders as it moves forward with its strategic priorities.

About Mainstreet

Mainstreet Equity Corp. (“Mainstreet”) is a Calgary-based real estate operating company, traded on the Toronto Stock Exchange (TSX:MEQ). Mainstreet is a top provider of high-quality, affordable multi-family rental units in western Canada, covering BC, AB, SK, and MB, with year-to-date holdings of over 19,200 units. The company's long-term value is anchored by a counter-cyclical strategy to aggressively acquire undervalued units at distressed prices, using low-cost capital. Once acquired, Mainstreet rapidly stabilizes the assets to minimize cycle times and boost net operating income. The company employs a 100% organic, non-dilutive growth model, leveraging its robust liquidity position. As at Q1 2026, Mainstreet’s assets were valued at approximately CDN $3.8 billion based on IFRS value.

SOURCE: Mainstreet Equity Corp. (TSX: MEQ)

For further information:
Bob Dhillon, O.C, MBA, DCom, LLD, ICD.D | Founder, President & CEO
Direct: 1.403.215.6063
Executive Assistant: 1.403.215.6070
305 - 10 Ave. SE, Calgary, AB T2G 0W2
www.mainst.biz
www.sedarplus.ca

Source: Mainstreet Equity Corp.