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MCAN Mortgage Corporation Announces First Quarter Results for 2019

Toronto, Ontario – May 7, 2019. MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: “MKP”)
announced net income of $14.3 million ($0.60 per share) for the first quarter ended March 31, 2019, an increase
of 35% from $10.6 million ($0.45 per share) in the first quarter of 2018. Q1 2019 income included an $8.0
million unrealized gain on securities, which impacted earnings per share by $0.34.

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