RF CAPITAL ANNOUNCES VOTING RESULTS FROM ANNUAL MEETING OF SHAREHOLDERS

TORONTO, May 5, 2022 /CNW/ - RF Capital Group Inc. (the Company) (TSX: RCG) today announced the voting results from its virtual Annual Meeting of Shareholders (the Meeting) held on May 4, 2022. At the Meeting, President & Chief Executive Officer, Kish Kapoor, provided an update on the Company's strategic progress and priorities, and discussed the Company's financial results. Interested parties can access that presentation by clicking here.

1. ELECTION OF DIRECTORS

Each of the ten nominees listed in the Company's management information circular (the 2022 Circular) dated
March 21, 2022, were elected to serve as a director of the Company until the next annual meeting or until their successor is elected or appointed, with the outcome of the vote being as follows:

Nominee	Votes For	% of Votes For	Votes Withheld	% of Votes Withheld
Nathalie Bernier	91,308,361	97.86%	2,000,464	2.14%
David Brown	90,219,024	96.69%	3,089,801	3.31%
Marc Dalpé	90,865,087	97.38%	2,443,738	2.62%
Vincent Duhamel	90,826,978	97.34%	2,481,847	2.66%
David Ferguson	90,814,934	97.33%	2,493,891	2.67%
Kishore Kapoor	89,943,409	96.39%	3,365,416	3.61%
David Leith	90,287,249	96.76%	3,021,576	3.24%
Jane Mowat	90,874,214	97.39%	2,434,611	2.61%
H. Sanford Riley	90,132,549	96.60%	3,176,276	3.40%
Donald Wright	90,051,458	96.51%	3,257,367	3.49%

2. APPOINTMENT OF AUDITORS

KPMG LLP was appointed as the Company's auditor for 2022.

Detailed voting results for the Meeting can be accessed on SEDAR at www.sedar.com.

ABOUT RF CAPITAL GROUP INC.

RF Capital Group Inc. is a TSX-listed (TSX: RCG) wealth management-focused company. Operating under the Richardson Wealth brand, the Company is one of the largest independent wealth management firms in Canada with $35.9 billion in assets under administration (as of April 30, 2022) and 20 offices across the country. The firm's Advisor teams are focused exclusively on providing strategic wealth advice and innovative investment solutions customized for high net worth or ultra-high net worth families and entrepreneurs. The Company is committed to maintaining exceptional fiduciary standards and has earned certification – determined annually – from the Center for Fiduciary Excellence for its Separately Managed and Portfolio Management Account platforms. Richardson Wealth has also been recognized as a Great Place to Work™ for the past four years, a Best Workplace for Women, a Best Workplace in Canada and Ontario, a Best Workplace for Mental Wellness, for Financial Services and Insurance, and for Hybrid Work. For further information, please visit www.rfcapgroup.com and www.RichardsonWealth.com.

SOURCE RF Capital Group Inc.

RF Capital Group Inc., Rocco Colella, Managing Director, Investor Relations, Tel: [phone]; e-mail [email protected]