Ms. Irene Eddy reports

ACCORD ANNOUNCES APPROVAL OF DEBENTURE AMENDMENTS

Holders of Accord Financial Corp.'s 10 per cent unsecured subordinated debentures approved previously announced amendments to the terms of the debentures at a special meeting of holders of debentures held earlier today. The amendments were outlined in a management proxy circular mailed to debentureholders in connection with the meeting and include: (i) extending the maturity date of the debentures from Jan. 31, 2026, to July 31, 2026; and (ii) increasing the interest rate to 12 per cent commencing Jan. 31, 2026, such that on the July 31, 2026, maturity date, debentureholders will receive 13 months worth of accrued interest, calculated at a rate of 10 per cent for the period from July 1, 2025, to and including Jan. 30, 2026, and a rate of 12 per cent for the period from Jan. 31, 2026, to and excluding July 31, 2026. The debentures trade on the TSX under the symbol ACD.DB and since Dec. 15, 2025, have traded on an interest-flat basis.

The company's president and chief executive officer, Simon Hitzig, commented: "Accord continues to pursue a refinancing of its outstanding debt obligations. The company has signed a non-binding letter of intent for the sale of a majority of the loans of Accord Financial Inc. and is working to close that transaction. Discussions are also continuing with its senior lenders, as well as a number of potential new lenders to refinance its senior credit facility due Feb. 27, 2026. While there is no assurance that these initiatives will yield a successful result, the debenture amendments allow the company additional time to continue its refinancing efforts. We sincerely appreciate debentureholders' support through this critical period."

The company also announced that holders of the unlisted 10.00 per cent unsecured subordinated debentures (Series B) have approved similar amendments to the terms of those debentures.

Full terms of the debenture amendments will be incorporated into a supplemental trust indenture, which will be filed under the company's profile on SEDAR+.

About Accord Financial Corp.

Accord Financial is one of North America's most dynamic commercial finance companies providing fast, versatile financing solutions, including asset-based lending, factoring, inventory finance, equipment finance, trade finance and film/media finance. By leveraging its unique combination of deep experience and independent thinking, the company crafts winning financial solutions for small and medium-sized businesses, simply delivered, so its clients can thrive.

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