#1A SIMPLER APPROACH TO INVESTING INVESTOR PRESENTATION JUNE 2023 #2IMPORTANT DISCLOSURE The following presentation is for discussion purposes only. It is intended to give potential investors a brief overview of Blue Stripe Financial Inc. (“Blue Stripe”). Neither the information nor any opinion expressed in this document constitutes an offer to sell securities or financial instruments or provide any investment advice or service. The historic returns discussed in the document are not necessarily indicative of future returns. If a potential investor is interested in Blue Stripe, he / she should review this product with their financial advisor or discuss with a Amur Capital Dealing Representative. There are restrictions on eligibility of investors to invest in this product. This product is only eligible for sale to Accredited Investors in British Columbia or Alberta, not for sale in Ontario. All investments carry risk, including Blue Stripe so please discuss with your financial advisor. The data in this presentation, including but not limited to, any guidance on future results, has not been audited and may be management’s “most reasonable estimate”. Leverage comes with increased risk to the shareholders. Two of the Directors of Blue Stripe have a controlling and financial interest in Amur Financial Group (“AFG”) and are directors of other companies that are subsidiaries and related to AFG. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This presentation includes information, statements, beliefs and opinions that are forward-looking information and forward-looking statements under applicable Canadian securities laws (collectively, "forward-looking statements"), and that reflect current estimates, expectations and projections about future events. Forward-looking statements are often, but not always, identified by the words "believe", "expect", "anticipate", "intend", "estimate", "may" and other similar expressions or future or conditional verbs such as "will", "should", "would" and "could". While the information contained herein is believed to be accurate and reliable, neither of Blue Stripe nor its affiliates, officers, directors, agents and representatives make any representation or warranty, expressed or implied, as to the accuracy of such forward-looking statements or any other written or oral information communicated in connection with this presentation, and Blue Stripe, its affiliates, officers, directors, agents, representatives and advisors disclaim any responsibility or liability in connection therewith or arising therefrom. Blue Stripe disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law. The forward-looking statements may not be appropriate for other purposes. The forward- looking statements contained in these materials are expressly qualified by this cautionary statement. Although Blue Stripe believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because Blue Stripe can give no assurances that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature such statements involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks that affect the operations of Blue Stripe and the distributable cash generated by Blue Stripe. These include, but are not limited to, (i) uncertainties associated with mortgage loans, including but not limited to costs of operation and financing and fluctuating demand for developed real estate; (ii) risks associated with mortgage loans, including but not limited to in respect of credit, liquidity, mortgage insurance, declines in property values, default, impaired loans, priority in the event of default and losses; (iii) competition in the mortgage loan industry; (iv) the impact of any changes in government regulations; (v) the effect of general economic conditions, local real estate markets, demand for leased premises, fluctuation in occupancy rates and operating expenses and various other facts; (vi) the availability of suitable investments and the amount of mortgages available; (vii) any changes in Canadian federal and provincial tax laws, proposals, other governmental policies or regulations and governmental, administrative or judicial interpretation of same; (viii) natural disasters, terrorist acts, health crises and other disruptions or dislocations; and (ix) loss of business and disruptions to our business plans and operations due to the ongoing coronavirus (COVID-19) global pandemic. The British Columbia Financial Services Authority (“BCFSA”) regulates the mortgage brokering and lending activities of Mortgage Investment Corporations (“MICs”) under the Mortgage Brokers Act (BC). The Registrar and the Mortgage Brokers Act do not regulate the capital raising and investment marketing activities of MICs which are subject to securities legislation and regulation. Amur Capital Management Corporation (“Amur Capital”) is a selling party and a related entity, and is registered under the securities laws of the Provinces of British Columbia and Alberta to act as Blue Stripe's exempt market dealer ("EMD") to sell its Preferred Shares in those jurisdictions pursuant to exemptions from the prospectus requirements.. If you are interested in purchasing Preferred Shares in Blue Stripe please contact your financial advisor or Amur Capital Investor Relations to better understand the risks and your suitability for the product. There are restrictions on eligibility to purchase this product, contact your financial advisor or Amur Capital Investor Relations to learn more. 2#3▪ Amur Capital Management Corporation (“Amur Capital”) is focused on providing investors with a simpler approach to investing ▪ Amur Capital is part of Amur Financial Group Inc. (“AFG”) which has been operating in the Canadian mortgage lending industry for over 50 years and is one of the largest privately-held near-prime residential mortgage lenders in Canada with nearly $1 billion of assets under management ▪ Our investment alternatives provide both individual and institutional investors with access to residential mortgage funds that have demonstrated track records of delivering stable returns across a variety of risk/reward objectives ▪ Our vision is to be a leader in innovation, prudent governance and relentless pursuit of excellence for our stakeholders AMUR CAPITAL OVERVIEW 3#4Mortgage Origination ▪ Blue Stripe Financial Inc. (“Blue Stripe”) is managed by AFG, a vertically-integrated mortgage originator, administrator and fund management firm that has underwritten over $3 billion of home equity loans through strong origination in every major population centre across Canada ▪ Mortgages originated by AFG are sold immediately and primarily to AFG’s mortgage investment funds THE AMUR FINANCIAL GROUP ECOSYSTEM Fund Management & Mortgage Administration o Nationally-recognized brands originating over $600M in mortgages annually o Licensed to lend in British Columbia, Ontario, Alberta and Quebec The Amur Financial Group Ecosystem Investor Relations o Responsible for delivering annual returns in alignment with fund objectives across three risk/reward return profiles o A dedicated team that administers and services in excess of 7,000 mortgages o Comprised of over 20 team members o Registered Exempt Market Dealer (“EMD”) with the BC Securities Commission and the Alberta Securities Commission o Oversees all investor relations and capital raising activity Direct to consumer channel Broker to broker channel Full service brokerage 4 #5▪ Blue Stripe was established in 2017 as a Mortgage Investment Corporation (“MIC”) as per the Canadian Income Tax Act ▪ All MICs are “Flow Through Investments” in which 100% of profits are distributed annually to the participating shareholders ▪ All of Amur Capital’s funds focus on Canadian residential mortgages ▪ Blue Stripe’s investment objective is to achieve long-term capital appreciation through mortgage investments that offer high return potential Fund Fund Size Fund Objective % Portfolio in 1st/ 2nd Mortgages2 Yield Target LTV Risk Profile Manchester Investments $174 Million Conservative 79% / 21% +7.0% 47% Medium Ryan Mortgage $699 Million Balanced 32% / 56% +9.5% 52% Medium Blue Stripe Financial $20 Million Growth 1% / 85% +13.0% 73% High AMUR CAPITAL’S GROUP OF FUNDS1 BLUE STRIPE OVERVIEW 5 Notes: 1) As of 30 June 2023. 2) % of Portfolio by total dollar value of mortgage exposure. Each fund also includes a proportion of non first and second mortgages that make up the remaining balance of the fund. Manchester – 2%; Ryan – 12%; Blue Stripe – 18%.#6BLUE STRIPE INVESTMENT OBJECTIVES & POLICIES INVESTMENT OBJECTIVES ▪ To earn the preferred shareholders a net return of 13.00% ▪ Maintain a weighted average LTV of not greater than 80% of the total mortgage portfolio (current loan to value is 74%) KEY INVESTMENT GUIDELINES ▪ Loans are to be on client’s primary residence ▪ Home ownership length to be a minimum of 2 years ▪ The term on any mortgage is not to exceed 5 years, amortizations not to exceed 15 years ▪ Credit history to determine (i) size of loan and (ii) LTV maximum ▪ Verification of income is required 6#7$ 2 $ 8 $ 10 $ 12 $ 13 $ 17 $ 17 13.60% 13.04% 14.31% 13.09% 14.44% 12.58% 14.11% 5.00% 6.00% 7.00% 8.00% 9.00% 10.00% 11.00% 12.00% 13.00% 14.00% 15.00% $ $ 5 $ 10 $ 15 $ 20 $ 25 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 2Q 2023* BLUE STRIPE ASSETS MANAGED & ANNUAL YIELD ▪ Since inception in 2017, Blue Stripe has consistently provided its shareholders with a positive yield ranging from 12.31%2 to 14.44% 5 Year Average Yield**: 13.49% Notes: * Unaudited year to date as of June 30, 2023, is 7.06%, annualized yield is projected to be 14.11%. ** 5 Year average yield for the period from fiscal year 2018 to 2022. 7#8▪ Critical to any mortgage fund’s success is its ability to source high quality loans. Most industry mortgage funds rely on its relationship with third-party mortgage brokers to source their mortgages. ▪ Blue Stripe’s strategy is unique in that it bypasses the “middle man” and lends directly to borrowers via its financial services providers Alpine Credits and Sequence Capital, which are part of AFG ▪ AFG has been involved in the private mortgage market since 1969 o Recognized brands with significant advertising budget focused exclusively on private mortgages o Proprietary IT & business systems o Over 120 employees in a central location allowing for economies of scale to administer a very large volume of loans o “Geographically agnostic” marketing strategy - allowing Alpine Credits to shift markets based on current market conditions: • Advertising can be used in any province • Loans officers are licensed in multiple provinces MORTGAGE ORIGINATION STRATEGY The relationships with Alpine and Sequence provide Blue Stripe with a distinct competitive advantage over other private mortgage funds. 8#9PORTFOLIO COMPOSITION GEOGRAPHIC COMPOSITION MORTGAGE MATURITY PORTFOLIO LTV & AVERAGE EXPOSURE PER LOAN ▪ 100% of the mortgage portfolio is secured against residential real estate ▪ The fund concentrates predominantly on second mortgages that have higher LTVs than our other funds, but at much smaller mortgage sizes with shorter terms Data as of 30 June 2023. 1) Total value of mortgages in the portfolio, excludes cash balance. 9 Position # Files Total Value1 LTV Average Exposure Average Yield First Mortgages 1 $0.11 M 59.0% $112,638 12.75% Second Mortgages 295 $14.53 M 74.2% $49,245 15.66% Other 47 $2.53 M 67.3% $53,788 14.89% TOTAL MORTGAGES 343 $17.17 M 73.1% $50,053 15.53% 39.5% 21.6% 38.9% ON BC AB 51.0%44.4% 4.6% 1 Year or Less 1 to 2 Years Over 2 Years#10KEY FUND PERFORMANCE METRICS Year Mortgages Held Yield Loss Provision1 Loss Provisionas % of Portfolio Actual Losses Incurred1 Actual Losses Incurred as % Portfolio 2017 $3.6 Million 13.60% $30,800 2.05% - 0.00% 2018 $7.5 Million 13.04% $184,200 2.46% $29,000 0.39% 2019 $10.0 Million 14.31% $361,700 3.60% - 0.00% 2020 $11.2 Million 13.09% $564,700 5.05% $34,700 0.31% 2021 $11.9 Million 14.44% $481,700 4.04% $3,500 0.03% 2022 $16.5 Million 12.58% $576,100 3.75% $18,700 0.11% Jun 2023 $17.2 Million 14.11%2 $643,804 3.75% $ - 0.0% ▪ Blue Stripe has incurred minimal loan losses and maintains a conservative loan loss provision Notes: 1) Loss Provision and Actual Losses Incurred are rounded to the nearest hundred. 2) Unaudited year to date as of June 30, 2023 is 7.06%, annualized yield is projected to be 14.11%. 10#11CAPITAL STRUCTURE, REGULATORY & GOVERNANCE ▪ As of 30 June 2023 there are approximately $19.7 million of Blue Stripe common shares outstanding ▪ Blue Stripe has a very simple capital structure: (i) 1 Common Share = $1.00 = 1 Vote (ii) Common Shares receive 100% profits ▪ Management is subject to quarterly board reviews, and beginning in 2022, an annual financial statement audit (MNP LLP) 11 Province Investors Mortgage Lending Activities BC BC Securities Commission British Columbia Financial Services Authority AB Alberta Securities Commission Real Estate Council of Alberta ON Ontario Securities Commission* Financial Services Regulatory Authority of Ontario REGULATORY OVERSIGHT * Amur Capital is not registered as an Exempt Market Dealer (“EMD”) in Ontario. #12BLUE STRIPE FUND SUMMARY Established: 2017 Type of Fund: Mortgage Investment Corporation (MIC) Investment Focus: Canadian Residential Mortgages Taxation: Flow Through Investment (taxes paid at the personal level as interest income) Funds Under Management: $20.35 million (includes $17.17 million in mortgages and $3.18 million in cash) Most Recent Return: 14.11%* 5 Year Average Return: 13.49% Capital Structure: 1 share = $1.00 = 1 vote Insider Holdings: 21.3% of total shares 12 Data as of 30 June 2023. * Unaudited year to date as of June 30, 2023, is 7.06%, annualized yield is projected to be 14.11%. #13KURT WIPP, PRESIDENT & DIRECTOR Kurt has over 20 years of experience in finance, marketing and business operations including roles involving private equity i nvestments, structured finance, capital allocation and investment banking. He holds an MBA from studies at the University of British Columbia and Universita Bocconi (Italy), a Joint Honors degree in Economics and Business from Simon Fraser University and has studied at various world class business schools including the Wharton School of Business, Columbia University, Chicago School of Busines s and the Oxford Said Business School (UK). BRENT WIPP, DIRECTOR Brent has been involved in the Western Canadian private mortgage market and consumer finance business since 1983 and has been on Blue Stripe’s board as a director since its inception. He holds a mortgage broker’s license in Alberta and British Columbia and received his Diploma of Technology from Selkirk College. KEVIN BUDD, DIRECTOR Kevin is President of Pacific Southshore Ventures & Monashee Capital. Kevin manages multiple investments in private business and provides M&A advisory and general co rporate finance advisory. Prior to this, Mr. Budd was a Senior Officer and Vice President of Methanex Corporation whose responsibilities were leading transaction and capital markets activities. He holds an MBA from studies at the University of British Columbia and the London Business School (United Kingdom). He is a professional engineer and receive d an honors degree in Mechanical Engineering from Waterloo University. WADE NESMITH, DIRECTOR Wade co-founded Creation Capital Corp. in 2018 and led that company through its acquisition of Greenlane Biogas in 2019, with th e resulting company, Greenlane Renewables Inc., being listed on the TSX Venture Exchange. Greenlane is now listed on the main board of the TSX and Wade chairs the company. Wade founded Primero Mining Corp. in 2008, acting as CEO until 2010 and Chairman until 2018. He was founding Board member of Westport Innovations Inc. and Silver Wheaton Corp. and was previously Superintendent of Brokers (Executive Director) of the British Columbia Securities Commission (1989 – 1992), and then a senior partner, specializing in securities law with Lang Michener LLP (now McMillan LLP) (1 993 to 1998). He has been a director of more than 20 companies since 1993. Wade obtained his LLB from Osgoode Hall Law School. BOARD OF DIRECTORS 13#141-866-888-4139 [email protected] For more information on Blue Stripe Financial Inc. and how to invest, please contact your financial advisor or Amur Capital Investor Relations: 14#15TERMINOLOGY MIC: Mortgage Investment Corporation (“MIC”) as defined by the Canadian Revenue Agency (CRA). Loan-to-Value: Loan-to-value (“LTV”) is the primary risk metric in the mortgage industry. It represents the total loans owing divided by the value of the property (at the time the mortgage was issued). For example, assume a client has a property worth $750k. The same client has a 1st mortgage of $300k and a 2nd mortgage of $100k. The LTVs would be as follows: 1st Mortgage LTV: $300,000 = 40.00% $750,000 2nd Mortgage LTV: ($300,000 + $100,000) = 53.33% $750,000 Loss Provision: The annual amount of profit held back in order to protect the portfolio from future losses. Annual Return: Always net to shareholder (i.e. after our financial services fee). Annualized: To annualize a number means to convert a short-term calculation or rate into an annual rate. Annualized Rates are estimates. Year to date return of Blue Stripe as of 30 June 2023 was 7.06%, to be 14.11% as presented in prior pages. 15