BREAKING NEWS

Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ( UPI or the Company ) is pleased to announce that on July 19, 2021 the Company signed a Letter of Intent ( Agreement ) to acquire the exclusive Canadian rights to several microgrid technologies and sales leads with respect to the PACE (propertyassessed clean energy) Program from a Canadian microgrid energy services company ( AssetCo ). The Company intends to complete its due diligence and enter into a definitive agreement within sixty days. Universal PropTech is intending to acquire the exclusive rights to develop a municipal program of microgrid technologies and services across Canada, stated Frank Carnevale, Chief Growth Officer, Universal PropTech Inc. The PACE Program is a unique way to bring lowcarbon solutions to the masses, and expand our The Company intends to sell, deploy, service microgrid technologies towards the development of PACE Programs, existing