le 1&nbsp;mars/March 2023

	Algernon Pharmaceuticals Inc. has announced a four&nbsp;(4) for one (1) stock split of its issued and outstanding common shares. Each shareholder of record as of the close of business on the record date will receive three&nbsp;(3) additional shares for each share held on such date.

	The shares will begin trading on a split basis (ex-distribution) on March 3, 2023.

	Upon completion of the split, there will be approximately 9,653,724&nbsp;shares issued and outstanding.

	All open orders will be purged from the book at the market close on March 2, 2023. Dealers are reminded to re-enter their orders taking into account the four&nbsp;for one stock split.

	&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ________________________

	Algernon Pharmaceuticals Inc. a annoncé un fractionnement de quatre (4) pour une (1) action de ses actions ordinaires émises et en circulation. Chaque actionnaire inscrit à la fermeture des bureaux à la date de référence recevra&nbsp;trois&nbsp;(3) action supplémentaire pour chaque action détenue à cette date.

	Les actions commenceront à être négociées sur une base fractionnée (ex-distribution) le 3&nbsp;mars&nbsp;2023.

	Une fois la scission terminée, environ 9&nbsp;653&nbsp;724&nbsp;actions seront émises et en circulation.

	Tous les ordres ouverts seront purgés du livre à la clôture du marché le 2&nbsp;mars&nbsp;2023. Il est rappelé aux courtiers de ressaisir leurs ordres en tenant compte du fractionnement d'actions&nbsp;quatre&nbsp;pour un.
<table border="1" cellpadding="1" cellspacing="1" >
<tbody>
<tr>
<td>
				Trading on a Split Basis/Négociation&nbsp;sur une base&nbsp;divisé:</td>
<td>
				le 3&nbsp;mars/March 2023</td>
</tr>
<tr>
<td>
				Record Date/Date&nbsp;d'enregistrement:</td>
<td>
				le 6 mars/March 2023</td>
</tr>
<tr>
<td>
				CUSIP&nbsp;&amp;&nbsp;ISIN:</td>
<td>
				01559R400/CA01559R4008</td>
</tr>
</tbody>
</table>

	If you have any questions or require further information please contact Listings at&nbsp;(416) 367-7340&nbsp;or E-mail:&nbsp;<a href="mailto:Listings@thecse.com" >Listings@thecse.com</a>

	Pour toute question, pour obtenir de l’information supplémentaire veuillez communiquer avec le service des inscriptions au&nbsp;416 367-7340&nbsp;ou par courriel à l’adresse:&nbsp;&nbsp;<a href="mailto:Listings@thecse.com" >Listings@thecse.com</a>

	&nbsp;

Algernon Health Inc.

2023-0303 – Stock Split - Algernon Pharmaceuticals Inc. (AGN)

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