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EquityLine Mortgage Investment Corporation Announces Board of Director Change

EquityLine Director Update Announcement

Richmond Hill, Ontario, October 20, 2023 – EquityLine Group of Companies is announcing that Brian Koscak has resigned due to personal reasons as a Director for EquityLine Mortgage Investment Corporation effective October 20, 2023. President and CEO Sergiy Shchavyelyev stated, “We would like to thank Brian for his valued contributions during his tenure and we wish him the best in all his future endeavours.”

Brian Koscak served as an Independent Director for EquityLine Mortgage Investment Corporation from November 10, 2022, and transitioned to Director on August 15, 2023.

EquityLine Mortgage Investment Corporation is a Canadian mortgage investment corporation (MIC) incorporated under the laws of the Province of Ontario and located in Richmond Hill, Ontario. The EquityLine MIC was founded in 2018 and is listed on the Jamaica Stock Exchange (www.jamstockex.com) under the symbol ELMIC.

For more information please contact:

EquityLine Mortgage Corporation

Sergiy Shchavyelyev, CEO

Sergiy@EquityLineMic.com

416.939.6376

Mark Simone

Chief Operating Officer

Mark@EquityLineMic.com

416.882.1025