Urbana Corporation – Results of Voting For Directors at Annual Shareholders’ Meeting

Urbana Corporation (the “Corporation”) (TSX & CSE: URB, URB.A) reports the results of the vote on the election of directors at its June 15, 2022 Annual Shareholders' Meeting. Each of the five nominee directors listed in the Corporation's management information circular, dated May 6, 2022, was elected as a director of the Corporation, without a vote by ballot being conducted. The Corporation received proxies with regard to voting on the five directors nominated for election, directing as set forth in the table below:

Name of Nominee	% of votes “for”	% of votes “withhold”
Thomas S. Caldwell	99.82	0.18
Beth Colle	99.78	0.22
George D. Elliott	99.76	0.24
Michael B.C. Gundy	99.75	0.25
Charles A.V. Pennock	99.66	0.34

On behalf of Urbana’s Board of Directors, Thomas S. Caldwell, C.M.

For further information:

Elizabeth Naumovski Investor Relations [phone] [e-mail]