51-102F3
MATERIAL CHANGE REPORT
Item 1 Name and Address of Company
Tower One Wireless Corp. (the "Company")
600 - 535 Howe Street
Vancouver, BC, V6C 2Z4
Item 2 Date of Material Change
July 14, 2020.
Item 3 News Release
The news release dated July 14, 2020 was disseminated via Globe NewsWire.
Item 4 Summary of Material Change
On July 14, 2020, the Company announced the sale of a select portfolio of towers in Mexico for US$2.8 million.
The transaction includes 28 towers for $2.8 million in cash. The Company will remain in the tower business as a developer and operator of towers. The Company expects to receive new assignments for immediate commencement of construction during the third quarter of 2020.
Item 5 Full Description of Material Change
The material change is fully described in Item 4 above and in the attached news release which has been filed on SEDAR.
Item 6 Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
N/A
Item 7 Omitted Information
None
Item 8 Executive Officer
Santiago Rossi, Chief Financial Officer
Telephone: 1-917-546-3016
Item 9 Date of Report
July 15, 2020