Mr. Christopher Way reports

CANAF REPORTS FINANCIAL RESULTS FOR Q1 2026 AND LAUNCH OF SELF-STORAGE PLATFORM

Canaf Investments Inc. has released its audited financial statements and management discussion and analysis for the three-month period ended Jan. 31, 2026.

Revenue for the quarter was recorded at $6,229,047 (2025: $8,411,513), with a net income attributable to shareholders of $520,120 (2025: $676,557). The results reflect a 12-month trailing earnings per share at Jan. 31, 2026, of 4.8 cents per share.

As at Jan. 31, 2026, shareholders' equity increased to $15.92-million (Oct. 31, 2025: $14.76-million), representing a record book value per share of 33.6 cents (Oct. 31, 2025: 31.1 cents).

During the quarter, Canaf established Urbanhold Pty. Ltd., a 50/50 joint venture with a South African partner, focused on developing a scalable network of self-storage facilities in South Africa through the conversion of underused retail space within shopping centres. Subsequent to the quarter-end, Urbanhold invested approximately $180,000 in its first pilot site, comprising 100 self-storage units. Construction commenced in March, 2026, with the facility expected to open in early April, 2026. Urbanhold intends to initially roll out a further one to two pilot sites, each comprising approximately 100 to 150 units, in order to validate operating performance, demand and returns. Subject to achieving targeted performance metrics across these pilot locations, Urbanhold plans to scale the platform to approximately 1,500 units across seven to 10 locations, following which Urbanhold will evaluate opportunities to expand the platform further.

For more details and discussion on the results, the financial statements and management discussion and analysis can be viewed on SEDAR+ or the company's website.

About Canaf Investments Inc.

Canaf is a public company listed on the TSX Venture Exchange. Canaf's registered office is in Vancouver, Canada, with offices in the United Kingdom and South Africa. Canaf owns 100 per cent of Quantum Screening and Crushing Pty. Ltd., a South African company that owns 70 per cent of Southern Coal Pty. Ltd., a company that produces a high-carbon, devolatized (calcined) anthracite. Canaf also owns 100 per cent of Canaf Investments Pty. Ltd., a South African holding company that owns 100 per cent of Canaf Estate Holdings Pty. Ltd., 100 per cent of Canaf Agri Pty. Ltd., 100 per cent of Canaf Capital Pty. Ltd. and 50 per cent of Urbanhold Pty. Ltd.

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