Idle Lifestyle Inc. announced that its Board of Directors has declared the payment of a special dividend, and approved the return of capital, on its Subordinate Voting Shares (SVS) and Multiple Voting Shares ("MVS") together amounting to a distribution of CAD 0.41 per SVS, and CAD 0.41 per MVS on an as-converted to SVS basis. The Distribution is expected to be paid on or about August 10, 2022 to holders of record of SVS and MVS on August 3, 2022. The ex-dividend date is August 2, 2022.