LXRandCo ANNOUNCES VOTING RESULTS OF ANNUAL MEETING

MONTREAL, July 11, 2022 /CNW/ - LXRandCo, Inc. ("LXRandCo" or the "Company") (TSX: LXR), a North American, digital-first omni-channel retailer of authenticated pre-owned luxury products, today announced the voting results of its annual meeting of shareholders, which was held June 9^th at 10:30 a.m. EDT in Montreal.

Each of the nominees listed in LXRandCo's Management Information Circular dated May 5^th, 2022, were re-elected as directors of the Company. Each of the Company's directors was re-elected by a majority of the votes cast by shareholders present or represented by proxy.

Director Nominee	Votes For	% For	Votes Withheld	% Withheld
Camillo (Cam) di Prata	49,808,573	93.24	3,613,333	6.76
Joseph Mimran	52,072,073	97.47	1,349,833	2.53
Javier San Juan	53,405,856	99.97	16,050	0.03
Eric Graveline	53,405,856	99.97	16,050	0.03
Nicolas Topiol	53,405,856	99.97	16,050	0.03
Valerie Sorbie	53,322,073	99.81	99,833	0.19

In addition, shareholders voted in favour of resolutions, by a majority of the votes cast by shareholders present or represented by proxy, appointing PricewaterhouseCoopers LLP, as auditor for the Company, as described in the Company's Management Information Circular dated May 5^th, 2022.

Item		For		% For		Against		%  Against		Withheld/ Abstain		% Withheld/ Abstain		Non- Vote
Appointment of Auditor		53,425,901		99.99		0		0.00		7,050		0.01		0

Final voting results on all matters voted on at the annual meeting of shareholders held on June 9^th, 2022, will be filed on SEDAR (www.sedar.com).

About LXRandCo

LXRandCo is a socially responsible, digital-first omni-channel retailer of authenticated pre-owned luxury handbags and personal accessories. Since 2010, we have been providing consumers with authenticated branded luxury products by promoting their reuse and providing an environmentally responsible way for consumers to purchase luxury products. We achieve this through our digital-first strategy by selling directly to consumers through our website at www.lxrco.com and indirectly by powering the e-commerce and other platforms of key channel partners. Our omni-channel model is also supported by retail 'shop-in-shop' experience centers and by wholesale activities with select retail partners across North America.

SOURCE LXRandCo, Inc.

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