Tranche Update on The Western Investment Company of Canada Limited (TSXV:WI)'s Equity Buyback Plan announced on February 4, 2022.

From January 1, 2023 to February 9, 2023, the company has repurchased 25,000 shares, representing 0.08% for CAD 0.008875 million. With this, the company has completed the repurchase of 76,000 shares, representing 0.25% for CAD 0.03 million under the buyback announced on February 4, 2022.