Mr. Alex MacKay reports

BLUE HORIZON GLOBAL CAPITAL CORP. REPORTS 2025 FINANCIAL RESULTS OF SENSOR TECHNOLOGIES INC AND AMENDS CREDIT FACILITY

Blue Horizon Global Capital Corp. has released the financial results of its investment in Sensor Technologies Inc. (STI), for the year ended Dec. 31, 2025, as compared with the year ended Dec. 31, 2024. The company holds a 25-per-cent equity interest. Further to its news release of Aug. 7, 2024, the company also announces that it has amended the terms of the secured revolving line of credit facility dated July 23, 2024, entered into between the corporation and an arm's-length third party.

The following financial information has been derived from STI's financial statements for the year ended Dec. 31, 2025.

Financial highlights:

• Sales revenue of $889,712, compared with $517,817 in 2024, representing an increase of approximately 72 per cent;
• Gross profit of $599,790, compared with $410,016 in 2024, representing an increase of approximately 46 per cent;
• Income before royalty payable to parent company of $180,255, compared with $18,520 in 2024;
• Net income of $175,749, compared with $18,520 in 2024, representing an increase of approximately 849 per cent.

Revenue growth was primarily attributable to expanded commercial deployments and increased customer adoption of STI's sensor technology platform. Gross margins remained strong despite increased cost of sales associated with higher production volumes.

Total operating expenses for 2025 were $419,535, compared with $391,496 in 2024. The increase was primarily driven by higher professional fees and insurance expenses. Research and development expenditures remained consistent year o er-year, reflecting continued investment in product development and innovation. Payroll and finance costs declined compared to the prior year.

After accounting for a royalty payable to the parent company in the amount of $4,506 (2024: nil), STI generated net income of $175,749 for fiscal 2025.

Management believes the significant improvement in financial performance reflects the successful commercialization of STI's technology, disciplined cost management and increased recurring revenue traction.

Amendment to credit facility

The 2024 credit facility could not have exceeded $200,000 at any given time, had a maturity date of Aug. 1, 2024, bore interest at a fixed annual rate of 14.96 per cent, and was secured against all of the assets of the corporation.

The 2024 credit facility was amended as follows:

1. The maximum amount permissible under the facility was increased from $200,000 to $400,000;
2. Maturity date extended to March 10, 2027.

All other terms of the 2024 credit facility remain the same.

Clarification

The corporation wishes to issue a clarification regarding its news release dated Feb. 9, 2026. In that announcement, it was stated that the transaction with C2 Technology Innovations Ltd. was terminated due to a requirement by the Canadian Securities Exchange for an independent third party valuation of C2 and its technologies. The actual reason for terminating the transaction was the absence of sufficient evidence to support the proposed valuation for the acquisition.

About Sensor Technologies Inc.

Sensor Technologies is a technology-focused company engaged in the development and commercialization of advanced sensor systems designed to enhance monitoring, data acquisition and operational efficiency across industrial and environmental applications.

About Blue Horizon Global Capital Corp.

Blue Horizon is an investment company, the primary objective of which is to identify promising companies with excellent projects, innovative technologies or both, using management's extensive experience in deal sourcing and capital combination to maximize returns for its shareholders.

We seek Safe Harbor.