Skylight Health Group Inc. (Skylight Health or the Company) announced that its Board of Directors has suspended the payment of dividends on the Company's 9.25% Series A Cumulative Redeemable Perpetual Preferred Shares (the Series A Preferred Shares) until further notice. The Company has decided to cancel the monthly dividend scheduled for payment on March 20, 2023, as previously announced on February 9, 2023. The Company believes cancelling the dividend is in the best interests of the Company and its stakeholders as a capital preservations strategy while maintaining flexibility during a critical phase as the global capital markets have significantly pulled back in recent months.