Mr. Mehdi Azodi reports

BELGRAVIA HARTFORD ACQUIRES ADDITIONAL 25 BITCOIN

Belgravia Hartford Capital Inc. has acquired an additional 25.03 bitcoin, representing the company's largest single-day BTC purchase to date. The acquisition was financed from the proceeds of Belgravia's recently completed private placement, which closed on July 16, 2025, raising $4,022,955.55, of which 100 per cent was used for this bitcoin purchase.

As of July 24, 2025, Belgravia's total bitcoin holdings have increased to 40.7719114 BTC. The company has 126,482,409 common shares issued and outstanding, with a fully diluted share count of 154,533,079. Its yield on BTC holdings since initial purchase on June 5, 2025 is 13 per cent.

Details of bitcoin purchases on July 23, 2025:

• 10:05 a.m. EST -- 2.79874108 BTC purchased for $330,814.25 (U.S.) at an average price of $118,201.09 (U.S.) per BTC;
• 10:07 a.m. EST -- 20.95320474 BTC purchased for $2,475,846.92 (U.S.) at an average price of $118,160.78 (U.S.) per BTC;
• 12:46 p.m. EST -- 0.18522816 BTC purchased for $22,054.28 (U.S.) at an average price of $119,065.50 (U.S.) per BTC;
• 1:07 p.m. EST -- 1.08861755 BTC purchased for $128,649.98 (U.S.) at an average price of $118,177.39 (U.S.) per BTC.

All purchases were executed through Coinsquare's regulated OTC desk.

Management commentary

"Belgravia has consistently communicated its strategic intent to deploy financing proceeds into bitcoin acquisitions, and I'm pleased to confirm that 100 per cent of our recent private placement has been allocated accordingly," said Mehdi Azodi, president and chief executive officer of Belgravia Hartford. "We are now finalizing the documentation of our agreement with Round13, as disclosed on July 16, 2025, and we plan to deploy an additional $5-million (U.S.) for further bitcoin purchases immediately upon closing."

Capital structure overview:

• Warrants outstanding: 21,175,670, representing a potential capital injection of $4,846,192 (Canadian);
• Options outstanding: 6,875,000, representing a potential capital injection of $1,109,400 (Canadian).