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Route1 Inc. Audit Report / Information 2022

Oct 13, 2022

44272_rns_2022-10-13_1b3aa52f-2b47-4fab-b1f8-66f210c15011.pdf

Audit Report / Information

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NOTICE OF CHANGE OF AUDITOR

Notice is hereby given by Route1 Inc. (“ Corporation ”) pursuant to National Instrument 51‐102 ‐ Continuous Disclosure Obligations (the “ NI 51‐102 ”) that:

  1. On October 13, 2022, the audit committee of the Corporation’s board of directors (the “ Audit Committee ”) has resolved to propose to the shareholders of the Corporation at the annual general and special meeting of the Corporation to be held on November 30, 2022, to appoint RSM Canada LLP (the “ Successor Auditor ”) upon the expiry of the term of appointment as auditor of Grant Thornton LLP (the “ Predecessor Auditor ”).

  2. The Predecessor Auditor has not been proposed for reappointment.

  3. The termination (as that term is defined in NI 51‐102) of the Predecessor Auditor and the appointment (as that term is defined in NI 51‐102) of the Successor Auditor were considered by the Audit Committee for approval, and the termination of the Predecessor Auditor and the appointment of the Successor Auditor were approved by the Audit Committee.

  4. None of the Predecessor Auditor’s reports express a modified opinion on any of the Corporation’s financial statements relating to the period commencing at the beginning of the Corporation’s most recently completed financial year and ending on the date of the termination of the Predecessor Auditor.

  5. There are no reportable events (as that term is defined in NI 51‐102).

Dated: October 13, 2022

ROUTE1 INC.

By: “ Peter F. Chodos

Name: Peter F. Chodos

Title: Executive Vice President and Chief Financial Officer