Element Lifestyle Retirement Inc. (the 'Company' or 'Element') (TSX.V: ELM) is pleased to announce the results of its Annual General Meeting held on Wednesday, December 4, 2019.

All matters of business (including setting the number of Directors at four, appointing MNP LLP as auditors, and the Stock Option Plan) were approved along with Messrs Don Ho, John Gilbert, Stanley Kwok and Michael Diao being re-elected to the Board of Directors. Of the 70,478,300 issued and outstanding shares, 31,523,361 shares were voted representing 44.73% of the voting shares.

About Element Lifestyle

Retirement Element was established in June 2013 in Vancouver, British Columbia. It is in the business of providing specialized development expertise and flexible, innovative management services for senior retirement communities. The core business of Element is the development and management of third-party assets in the 'senior retirement community' space. Element aspires to be one of the most respected senior living specialists in North America, emphasizing the 'Continuum-of-Lifestyles' model, which encompasses a smooth, seamless transition for seniors from independence to assisted living to complex care. The management team of Element has over 20 years of experience developing and operating retirement communities.

Contact:

Tel: (604) 676-1418

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