Dr. Shaun Passley of ZenaTech, a shareholder, reports

ZENATECH FILES EARLY WARNING REPORT PURSUANT TO NATIONAL INSTRUMENT 61-103

Effective April 16, 2026, ZenaTech Inc. has acquired an aggregate of 7,635,000 common shares of Boardwalktech Software Corp. (the issuer) at prices ranging from 3.5 cents to five cents per share over the TSX Venture Exchange representing approximately 9.40 per cent of the outstanding common shares of the issuer. In addition, during the same period, Dr. Shaun Passley, the chief executive officer of the acquiror, acquired an aggregate of 500,000 common shares of the issuer at prices ranging from 3.5 cents to five cents per share over the TSX Venture Exchange representing approximately 0.61 per cent of the outstanding common shares of the issuer. Together, the acquiror and Dr. Passley hold approximately 8,315,000 common shares of the issuer representing approximately 10.1 per cent of the issued and outstanding common shares of the issuer. Neither ZenaTech nor Dr. Passley owned any common shares of the issuer prior to the purchases.

The acquiror and Dr. Passley have an understanding to coordinate their acquisition and ownership of securities of the issuer. While there is no written agreement, the parties have agreed to consult with each other regarding the voting and disposition of such securities.

Each of ZenaTech and Dr. Passley acquired the common shares of the issuer for investment purposes. ZenaTech or Dr. Passley may, in the future, participate in financings, and/or acquire or dispose of securities of the issuer in the market, privately or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities, or may undertake any action similar to any of those enumerated in items (a) to (k) of Section 5 of its early warning report.

A copy of the early warning report filed by ZenaTech under applicable securities laws shall be available under the issuer's profile on SEDAR+.

About ZenaTech Inc.

ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company specializing in AI (artificial intelligence) drone, drone-as-a-service (DaaS), enterprise SaaS (software-as-a-service) and quantum computing solutions for mission-critical applications for commercial, government and defence. Since 2017, the company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, government and industrial sectors, and drones being implemented in these plus agriculture, defence and logistics sectors, ZenaTech's portfolio of solutions helps drive speed, accuracy and cost savings. The company operates through global offices in North America, Europe, Taiwan and United Arab Emirates, and is growing its DaaS business and global network of locations through acquisitions.

We seek Safe Harbor.