Treviso Capital Corp. — Capital/Financing Update 2021

Oct 28, 2021

THIS PRESS RELEASE IS NOT FOR PUBLICATION OR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.

These securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or the securities laws of any state, and may not be offered or sold in the United States unless an exemption from registration is available. This press release does not constitute an offer to sell or the solicitation of any offer to buy these securities in the United States.

TREVISO CAPITAL CORP. c/o Suite 1500 – 800 West Pender Street Vancouver, British Columbia V6C 2V6 Telephone: 778.835.2798

VANCOUVER, BRITISH COLUMBIA – October 27, 2021. Treviso Capital Corp. (" TRV " or the " Company ") (TSX Venture Exchange symbol: TRV.P) is pleased to announce that on October 27, 2021, it has successfully completed its initial public offering (" Offering "), raising gross proceeds of $500,000 pursuant to a prospectus dated September 9, 2021. An aggregate of 5,000,000 common shares in the capital of the Company (the " Shares ") were issued at a price of $0.10 per Share.

Canaccord Genuity Corp. (the " Agent ") acted as the agent for the Offering. Pursuant to an agency agreement between the Company and the Agent, the Agent received a cash commission equal to 10% of the gross proceeds of the Offering and compensation warrants entitling the Agent to purchase up to 500,000 Shares at a price of $0.10 per Share for a period of 60 months from the closing date of the Offering.

The Company is a "capital pool company" and intends to use the net proceeds of the Offering to identify and evaluate assets or businesses for acquisition with a view to completing a "Qualifying Transaction" under the policies of the TSX Venture Exchange (the " Exchange "). On October 25, 2021, the Exchange issued a bulletin announcing the listing of the Shares as of market open on October 27, 2021 and immediately halted trading pending completion of closing of the Offering. Upon closing of the Offering, the Company expects that the Shares will resume trading under the trading symbol "TRV.P" on Friday, October 29, 2021.

Upon closing of the Offering, the Company granted 800,000 stock options to its directors and officers which are exercisable within ten years from the date of the grant at an exercise price of $0.10 per Share. As a result of the closing of its initial public offering, the Company now has 9,000,000 Shares issued and outstanding, of which 4,000,000 are subject to escrow restrictions.

About Treviso Capital Corp.

TRV is a capital pool company (" CPC ") within the meaning of the policies of the Exchange that has not commenced commercial operations and has no assets other than cash. The board of directors of the Company consists of Messrs. David Melillo, Alexander Helmel, Mauro Palumbo and R. Timothy Henneberry. The officers of the Company are David Melillo, President, Chief Executive Officer and Secretary, and Alexander Helmel, Chief Financial Officer. Except as specifically contemplated in the Exchange's CPC policy, until the completion of its Qualifying Transaction, the Company will not carry on business, other than the identification and evaluation of companies, business or assets with a view to completing a proposed Qualifying Transaction.

Forward Looking Statements

This news release contains statements about the Company's expectations regarding the completion of the application for listing, and the commencement of trading, on the Exchange that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as final listing approval from the Exchange. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as the Company assumes it will be able to fulfill the terms of the conditional listing approval granted by the Exchange, undue reliance should not be placed on them as actual results

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may differ materially from the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include failure to fulfill conditions of listing and inability to obtain required regulatory approvals. The forward-looking statements contained in this news release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

For further information, please contact:

David Melillo , President and Chief Executive Officer

T: 778.835.2798

• E: davidemelillo@gmail.com