Lendified Announces Management Change

Toronto, Ontario--(Newsfile Corp. - June 9, 2020) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") announces that Mr. Norman Tan has resigned as the Company's Chief Financial Officer for personal reasons, effective immediately. Mr. Tan has agreed to continue to provide services to the Company on a consulting basis until his replacement has been identified. The board of directors of the Company has initiated a search for a new Chief Financial Officer and is considering candidates to fill the vacancy.

Lendified wishes to express its thanks and appreciation to Mr. Tan for his time and dedication to the Company and wishes him the best in his future endeavours.

Mr. Tan states, "I would like to thank the board for the opportunity to be a part of the evolution of Lendified through its recent going-public transaction and I want wish the company all the best in its continued growth."

ABOUT LENDIFIED HOLDINGS INC.

Lendified, a company located in Ontario, Canada, is a leading Canadian FinTech company operating both a lending platform which provides working capital loans to small businesses across Canada through its wholly-owned subsidiary, Lendified Inc., as well as a software as a service technology platform providing AI-enabled credit origination and analytics to financial institutions across Canada through its wholly-owned subsidiary, JUDI.AI.

Further Information

For further information regarding Lendified, please contact:

Troy Wright, Chief Executive Officer and Director
(647) 381-9218
troy.wright@lendified.com

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

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