Tranche Update on Reko International Group Inc.'s Equity Buyback Plan announced on December 28, 2021.

Reko International Group Inc. is a Canada-based diversified, technology-driven manufacturing company. The Company provides support to manufacturers and producers as their go-to supplier in automation equipment and machining services. It designs and manufactures a variety of engineered products and services for original equipment manufacturers and their tier suppliers. These products include design and construction of specialty machines and lean cell factory automation solutions and robotics integration, and high precision, custom machining of critical components and assemblies. The Company has diversified beyond automotive and into a number of sectors, including aerospace, rail, power generation and capital equipment. For the transportation and power generation industries, the Company machines customer supplied metal castings to customer indicated specifications. For the automotive industry, it conceptualizes, designs and builds solutions to manufacturing challenges.