File: '\\swfile\EmailIn\20260430 233637 Attachment 2026-04 - Transition to semi-annual reporting - final.docx'

PRESS RELEASE

ALTEREGO VENTURES 24 CORP. ADOPTS

SEMI-ANNUAL FINANCIAL REPORTING PILOT

Toronto, Ontario May 1, 2026

Alterego Ventures 24 Corp. (TSXV: ALTR.P) (the "Company"), a capital pool company ("CPC") listed on the TSX Venture Exchange (the "Exchange") intends to participate in the semi-annual reporting (SAR) pilot program introduced by the Canadian Securities Administrators (CSA) on March 19, 2026.

The SAR pilot has been implemented through Coordinated Blanket Order 51-933 and allows eligible venture issuers listed on the Exchange to voluntarily move from a quarterly to a semi-annual financial reporting framework. By adopting SAR, the Company aims to reduce the administrative and financial burden associated with quarterly reporting.

The Company's fiscal year ends on December 31. Under the SAR pilot, the Company will be exempt from filing interim financial reports and related management's discussion and analysis ("MD&A") for its first and third quarters.

Initial interim periods: The Company will not file an interim financial report including MD&A for either the first quarter (Q1) ending March 31, 2026 or the third quarter (Q3) ending September 30.

Continuing reporting: The Company will continue to file audited annual financial statements and related MD&A for the year ended December 31 (due within 120 days of December 31) and six-month interim financial statements and related MD&A for the period ending June 30 (due within 60 days of June 30).

Continued disclosure: The company remains committed to timely disclosure and will continue to report all material changes and significant developments as required under National Instrument 51-102.

The Company confirms it meets the pilot program's eligibility criteria, which include, among other things, being a venture issuer with annual revenues of less than $10-million, having at least a 12 month continuous disclosure record, having filed all required periodic and timely continuous disclosure documents, and not having been subject to any penalties, sanctions, or cease trade orders in the preceding 12 months.

This news release is being filed pursuant to Coordinated Blanket Order 51 -- 933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.

For further information, please contact:

Hillar Lilles

CEO

Telephone: 403-608-2896

E-mail: hillar@lilles.ca

NEITHER THE TSX VENTURE EXCHANGE INC. NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.