TORONTO - Propel Holdings Inc. ('Propel' or the 'Company') (TSX: PRL) announced the voting results from its Annual General Meeting of the Shareholders (the 'Meeting'), held on June 23, 2022. A total of 25,217,961 shares were represented in person or by proxy at the Meeting, constituting approximately 73.47% of the Company's total issued and outstanding common shares as of the record date.

Each of the matters put forward before shareholders for consideration and approval at the Meeting, as described in the Management Information Circular, was duly approved by the requisite number of votes.

About Propel

Propel is an innovative, online financial technology ('fintech') company, committed to credit inclusion by providing and facilitating fair, fast and transparent access to credit with exceptional service using its proprietary online lending platform. Through its operating brands, MoneyKey and CreditFresh, Propel is focused on providing access to credit to underserved consumers who struggle to access credit from mainstream credit providers. Propel's revenue growth and profitability have accelerated significantly over the past two years as Propel has been able to facilitate access to credit for an increasing number of consumers, helping them move forward in their credit journeys.

Contact:

Sarika Ahluwalia

Senior Vice President

Corporate Affairs & Chief Compliance Officer

T: (647) 776-5468

E: IR@propelholdings.com

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