[Markham, Ontario, November 3, 2023] - RIFO Holding Group Inc., a prominent player in the Canadian real estate industry, hosted a simultaneous live-streamed press conference from its Canadian headquarters in Markham, Ontario on November 3, 2023, at 1:00 PM EDT. The event marked a significant milestone in the company's journey. With an unwavering commitment to growth and innovation, RIFO has achieved the impressive milestone of $30 billion in sales through a series of meticulously executed mergers and acquisitions, thereby solidifying its presence in the vibrant Vancouver market.The press conference featured distinguished speakers, including Mr. Johnson Ji, Founder and CEO of RIFO Holding Group, Mr. Robert Fotheringham, Member of the Board of Directors, of RIFO Holding Group, and Mr. Michael Lam, CEO of Sutton Group Management. The event was broadcast live on the YouTube platform, extending its reach to RIFO’s business partners, shareholders, and employees in Canada, the United States, China, and beyond.<figure class="image"><img src="https://files.rifo.co/CompanySite/98/98_Speakers.jpg"></figure>Mr. Johnson Ji, Founder and CEO of RIFO Holding Group, reflected on the significance of this accomplishment: “This remarkable milestone signifies a pivotal moment in RIFO's journey as we embark on a strategic foray into the Vancouver market. Vancouver serves as the initial phase in our North American expansion strategy, and our unwavering commitment to shaping the future of this industry remains resolute.”<img src="https://files.rifo.co/CompanySite/98/98_Johnson Ji.jpg"> Mr. Robert Fotheringham, Member of the Board of Directors, added: “Our success in Vancouver is the result of exhaustive planning and the dedication of our team. We believe in nurturing strong relationships with our partners and customers, and this milestone reflects those efforts. We eagerly anticipate continuing our journey in North America, extending our expertise and business model to new communities.”<img src="https://files.rifo.co/CompanySite/98/98_Robert Fotheringham.jpg"> Mr. Michael Lam, CEO of Sutton Group Management, emphasized: "Technology and service will be the driving forces behind our future achievements. The RIFO platform empowers real estate agents, enhancing their efficiency, effectiveness, and profitability. We take pride in the positive impact this technology will have on our customers and business partners in Vancouver and look forward to extending these benefits to more regions in the future."&nbsp;In addition to his current ownership of Sutton Group Management and position as CEO therein, Michael Lam has also taken on the new role of CEO of RIFO BC Group, in leadership of over 4,000 agents operating from 37 physical locations across British Columbia.<figure class="image"><img src="https://files.rifo.co/CompanySite/98/98_Michael Lam.jpg"></figure>Key Highlights:<ul style="list-style-type:disc;"><li>Strategic Expansion:&nbsp;RIFO Holding Group strategically focused on Vancouver, Western Canada's largest city, and achieved a series of significant acquisitions, including Sutton Group - 1st West Realty, Sutton Group WestCoast Realty, Team 3000 Realty, Multiple Realty, LeHomes Premier, Laboutique Realty, Metro Edge Realty, RA Realty Alliance Realty, and Green Team Realty, totaling approximately $30 billioni in sales. This encompassed residential resale, new home development, property management, and commercial real estate projects.</li><li>Inaugural Step:&nbsp;This milestone marks the first step in RIFO Group's expansion plan, which will ultimately span major centers in North America, underlining its commitment to growth and innovation in the real estate industry.</li><li>Technology and AI-Driven Efficiency:&nbsp;The Company’s in-house research and development team has created a user-friendly platform that maximizes efficiency and profitability for real estate agents, attracting business partners in the Vancouver market who recognize the potential of technology and artificial intelligence in driving sales and serving customers.</li><li>Business Model:&nbsp;The RIFO business model centers on the home and the lifelong relationship that can be established with a customer and their family, not only on the initial buy/sell transaction. The acquisitions are significant in themselves, but they also represent the potential of the opportunity available and are a gateway for expansion into other service areas.</li><li>Plan to Go Public:&nbsp;RIFO Holding Group has outlined a clear and strategic pathway towards a public offering. This underscores its unwavering commitment to upholding the highest standards of financial transparency and corporate governance. This proactive approach adds anticipation to RIFO Holding Group's expansion into the Vancouver market, emphasizing its dedication to growth and innovation within the real estate sector.</li></ul>RIFO Holding Group, known for its unwavering commitment to excellence, has consistently pursued a core philosophy centered on the concept of “home," streamlining the connections of all aspects of home buying, selling, renting, and finance products and services related to the home. This dedication extends to contributing positively to the industry’s future, with the goal of providing benefits to all participants.Efficiency Benefits:The RIFO platform, designed by RIFO's in-house research and development team, has enhanced efficiency for affiliated agents, customers, and partner suppliers, offering transaction management and marketing tools that maximize efficiency and profitability for their business. The overarching goal is to save time and money for all parties involved in business dealings with RIFO.Forward-Thinking Approach:RIFO's commitment to efficiency is one of the key factors behind its attraction for business partners in the Vancouver market. Recognizing the potential for technology platforms to aid in sales, many have placed their trust in RIFO and joined the company in its outstanding journey to success. They have witnessed the substantial benefits of leveraging technology to drive sales, further reinforcing their confidence in RIFO and its forward-thinking approach.RIFO Holding Group's achievement of $30 billion in sales through successful mergers and acquisitions in the Vancouver market marks a significant milestone in the company's growth trajectory. As it expands its footprint across North America, RIFO remains dedicated to redefining the real estate industry through innovation, efficiency, and a commitment to excellence.

RIFO Holding Group Positions for Capital Market Entry After Securing a Landmark $30 Billion in Sales through Successful Mergers and Acquisitions in Vancouver and Area Markets: The RIFO Platform is Poised to Revolutionize How Real Estate Markets Operate Across North America

RIFO Holding Group Inc., a prominent player in the Canadian real estate industry, hosted a simultaneous live-streamed press conference from its Canadian headquarters in Markham, Ontario on November 3, 2023, at 1:00 PM EDT. The event marked a significant milestone in the company's journey. With an unwavering commitment to growth and innovation, RIFO has achieved the impressive milestone of $30 billion in sales through a series of meticulously executed mergers and acquisitions, thereby solidifying its presence in the vibrant Vancouver market.

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