Niagara-on-the-Lake, Ontario--(Newsfile Corp. - October 30, 2025) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or the "Company") is pleased to announce the results of voting at its annual general and special meeting of shareholders (the "Meeting") held today by teleconference. The voting results for the election of directors were as follows: Director Nominees Number of Shares Percentage of Votes Cast For Withheld For Withheld Guy Blanchette 38,685,784 126,428 99.674% 0.326% John De Sousa 38,625,909 106,303 99.726% 0.274% Claude Gilbert 38,645,584 86,628 99.776% 0.224% Keith Harris 38,625,909 106,303 99.726% 0.274% Andrew Howard 38,645,584 86,628 99.776% 0.224% Ron McEachern 38,637,184 95,028 99.755% 0.245% Vince Timpano 38,636,584 95,628 99.753% 0.247% The voting results for other matters before the Meeting (which are fully outlined in the Company's management information circular for the Meeting (the "Circular"), which is available on SEDAR+ at www.sedarplus.ca and on the Company's website, www.diamondwines.com, under the "Investors" tab) were as follows: Appointment of Auditors: 99.839% of the votes were in favour of the resolution appointing MNP LLC as auditors of the Company until the next annual meeting, and 0.161% of the votes were withheld; Approval of the Amended Stock Option Plan: 99.579% of the votes were in favour of the resolution to approve the amended stock option plan (the "Stock Option Plan"), as further outlined below, and 0.421% of the votes were withheld; Approval of the Amended Deferred Share Unit Plan: 99.503% of the votes were in favour of the resolution to approve the amended deferred share unit plan (the "Deferred Share Unit Plan"), as further outlined below, and 0.497% of the votes were withheld; and Approval of Possible 2025 Convertible Replacement Debentures: 92.132% of the votes of disinterested shareholders were in favour of the amendments to the replacement convertible debentures held by Mr.