September 12, 2022 – Kelowna, British Columbia: Decisive Dividend Corporation (TSXV:DE) (“Decisive” or the “Corporation”) is pleased to announce that it has entered into an agreement with its senior lenders, Canadian Western Bank and CWB Maxium Financial Inc., a wholly-owned division of Canadian Western Bank (collectively “CWB”), to increase the Corporation’s overall debt availability from $36 million to $53 million and extend the term of the credit agreement by one year.

Comparative details of the increase in debt availability are as follows:

"P" in the table above denotes prime rate

In conjunction with the increases in availability above, the $7 million currently drawn on the acquisition facility will be added to the non-amortizing term facility and will result in Decisive having $15 million in dedicated acquisition financing available to fund future acquisitions. The potential fixed interest rate on the repositioned $7 million in non-amortizing term debt is expected to be in-line with the current variable rate on the acquisition facility. The 6.25% on the currently drawn $21 million of non-amortizing term debt remains unchanged.

The renewal and extension of the credit agreement maintains the committed term of the agreement at three years and all drawn amounts now mature in October 2025.

Rick Torriero, Chief Financial Officer of Decisive, noted:

“We are very pleased to announce the renewal, extension and increase of our credit facilities with CWB. They have been a great financial partner and this first annual renewal demonstrates their commitment to working with Decisive to help us achieve our objectives. The agreement with CWB provides flexibility to fund growth in our existing operations as well as through acquisition opportunities, and the non-amortizing nature of each our debt facilities with them aligns very well with our overall business model.

We do intend to maintain our overall acquisition funding target at 50% debt and 50% equity, however the increased availability on the acquisition line allows us to opportunistically fund acquisitions when required and then look to the capital markets to rebalance our target debt and equity split. Each of the acquisitions completed to date by Decisive have been under $15 million, so having $15 million in dedicated revolving acquisition financing available to us is a strong competitive advantage as we look to acquire businesses from our healthy and growing pipeline of potential targets.”

About Decisive Dividend Corporation

Decisive Dividend Corporation is an acquisition-oriented company, focused on opportunities in manufacturing. The Corporation’s purpose is to be the sought-out choice for exiting legacy-minded business owners, while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established, high quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established, strong leadership.

FOR FURTHER INFORMATION PLEASE CONTACT:

Rick Torriero, Chief Financial Officer

#260 – 1855 Kirschner Road

Kelowna, BC V1Y 4N7

Telephone: (250) 870-9146

Cautionary Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the contents of this News Release.

This press release contains forward-looking statements. These statements relate to the proposed repositioning of term debt and the expectation of the interest rate thereon, which is subject to the terms of the credit agreement in place with CWB and market interest rates at funding. Forward-looking statements are necessarily based upon a number of expectations and assumptions that, while considered reasonable by management at the time the statements are made, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies, many of which are beyond the Company’s control and many of which are subject to change. Readers are cautioned to not place undue reliance on forward-looking statements which only speak as to the date they are made. Although management believes that the expectations and assumptions underlying such forward-looking statements are reasonable, there can be no assurance that such expectations or assumptions will prove to be correct. A number of factors could cause actual future results, performance, achievements and developments of the Company to differ materially from anticipated results, performance, achievements and developments expressed or implied by such forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation is not obligated to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information.