Urban Infrastructure Group Adds Capital Markets Depth as Steve Kaszas Joins as Board Director

Brampton, Ontario--(Newsfile Corp. - May 27, 2025) - Urban Infrastructure Group Inc. (TSXV: UIG) (the "Company") is thrilled to announce the addition of Steve Kaszas to its board of directors.

Steve brings over four decades of experience in the financial services industry and has built a distinguished career characterized by strategic leadership, client-focused investment management, and a deep commitment to community engagement.

Steve began his career at Burns Fry in 1983 and quickly rose to become a shareholder in 1984. As a senior leader with The Altberg Kaszas Group at BMO Nesbitt Burns, Steve leveraged his expertise and global network to deliver investment strategies and superior client service while leveraging his insights from a broad spectrum of international financial resources.

Beyond his professional accomplishments, Steve is a dedicated community advocate and a recipient of the Queen Elizabeth II Golden Jubilee Medal (2003) in recognition of his significant contributions to Canada and the broader community.

The Board firmly believes Steve will be a valuable addition to the Company. "We, at Urban, are fortunate to be able to add a director of Steve's calibre to our board. Steve's impeccable track record at BMO Nesbitt Burns as well as his vast network deliver an advantage that we will leverage on behalf of the Company and its shareholders," said Gary Alves, President and C.O.O.

"I am excited to join the ranks of this hard-working team and assist in their goal of creating homes for all Canadians," said Steve Kaszas.

About Urban Infrastructure Group Inc.

Urban Infrastructure Group stands as a premier provider of concrete and drainage infrastructure construction services, specializing in Stage 1 development-—the critical foundation phase of the construction process. As industry leaders in early-stage infrastructure development, the Company delivers essential groundwork for large-scale, master-planned residential communities throughout Ontario.

With a distinguished portfolio of partnerships, Urban Infrastructure Group collaborates with prominent developers and stakeholders behind Ontario's most ambitious and transformative residential development projects. The Company's expertise in foundational infrastructure enables the successful realization of complex, community-shaping initiatives that form the backbone of the region's expanding residential landscape.

Connect with UIG: https://urbaninfrastructuregroup.com/

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Forward-Looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain acts, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of UIG, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the "Caution on Forward-Looking Information" section and "Risk Factors" section of the MD&A. Although UIG has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. UIG does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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