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Appointment of Director

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NEWS RELEASE

VANCOUVER, BC – October 4, 2024 – LUXXFOLIO Holdings Inc. (the “Company” or “Luxxfolio”) (CSE: LUXX) is pleased to announce that Mr. Anthony Wong (JD) has been appointed to the Board of Directors.

Geoffrey McCord, the Company’s CFO and interim CEO, commented, “Anthony is well known to the Luxxfolio family, having previously served as a Director and Officer. He brings a valuable background in corporate finance law and experience with mergers and acquisitions. His decision to serve as a member of the Board is well-timed and will support Luxxfolio’s objectives as it continues to seek new business and financing opportunities.

Mr. Wong, mentioned, “I am excited to rejoin Luxxfolio’s Board. I believe the Company has great potential. I look forward to working with the other Board members and management and to using my experience to help the Company harness its opportunities.” Mr. Wong is a practicing member of the Law Society of British Columbia. He was initially called to the Bar in 1993 and has worked in both the private and public spheres of securities law, policy and legislation, corporate and commercial transactions, and marketing and communications. He has served on both national and international committees in the finance industry.

Mr. Jason Cihelka has decided to resign from his position as Director effective October 3, 2024. The Company thanks Jason for his contribution over the past 14 months.

Contact Information:

For more information, please contact:
Geoffrey McCord, Director
Tel: (833) 928-8883
Email: info@luxxfolio.com
www.luxxfolio.com

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “intends”, “will”, or variations of such words and phrases or statements that certain actions, events, or results “will” occur. Forward-looking statements regarding the Company and its business and strategies are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company and its subsidiaries to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

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