Timbercreek Financial announces Voting Results from Annual Meeting of Shareholders

Timbercreek Financial Corp. (the "

Company

") (TSX:TF) announced the voting results for the election of its board of directors, which took place at the Company’s annual meeting of shareholders held on May 15, 2023 (the “

Annual Meeting

”). The nominees listed in the management information circular dated March 29, 2023 were elected as directors of the Company and detailed results of the votes cast by proxy are set out below:

Name of Nominee	Votes For	% For	Votes Withheld	% Withheld
Amar Bhalla	21,274,137	96.49	773,097	3.51
Deborah Robinson	21,829,946	99.01	217,288	0.99
Scott Rowland	21,957,598	99.59	89,636	0.41
W. Glenn Shyba	21,900,508	99.33	146,726	0.67
Pamela Spackman	21,944,586	99.53	102,648	0.47
R. Blair Tamblyn	21,892,987	99.30	154,247	0.70

At the Annual Meeting, KPMG LLP was reappointed as the Company’s auditor to hold office until the next annual meeting of shareholders of the Company and the directors were authorized to fix the auditor’s remuneration.

About the Company

Timbercreek Financial is a leading non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors. Our sophisticated, service-oriented approach allows us to meet the needs of borrowers, including faster execution and more flexible terms that are not typically provided by Canadian financial institutions. By employing thorough underwriting, active management and strong governance, we are able to meet these needs while targeting strong risk-adjusted returns for investors.

CONTACT:Timbercreek FinancialBlair Tamblyn Chief Executive [e-mail] www.timbercreekfinancial.com.