Queen's Road Capital Investment Ltd. Declared its annual dividend of CAD 0.019/share payable on November 16, 2023 (the "Dividend Payment Date"). The dividend is payable to all shareholders of record as at November 6, 2023 (the "Dividend Record Date"). This year's dividend payment is an increase of CAD 0.002 over last year's dividend payment representing a one-year increase of 12% and a two-year increase of 27% reflecting the growth of convertible debenture portfolio.