File: '\\swfile\EmailIn\20260129 145328 Attachment Digital Asset Technologies - news release announcing settlement agreement with Michael Aucoin - January 2026.docx'

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LEGAL_48751669.3

LEGAL_48751669.3

Digital Asset Technologies Announces

Settlement Agreement with Former CEO

- NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH

U.S. NEWSWIRE SERVICES -

VANCOUVER, BC, January 29, 2026 - Digital Asset Technologies Inc. (CSE: DATT) (OTCPK: EATBF) (FSE: 988) ("DATT" or the "Company"), announces, that the Company has entered into an agreement (the "Agreement") with the former Chief Executive Officer of the Company (the "Employee") to settle and terminate a court case application (the "Claim"). Pursuant to the Agreement, the Company will pay the Employee a gross amount of CAD $125,000.00 and issue to the Employee 6,250,000 shares of the Company (the "Settlement Shares") at a deemed price of $0.032 per Settlement Share, as approved by the Canadian Securities Exchange (the "CSE"), with an aggregate value of CAD $200,000.

The Settlement Shares will be subject to a statutory hold period of four months plus a day from the date of issuance, in accordance with applicable securities legislation and the policies of the CSE.

The Agreement contains standard confidentiality provisions and does not include any admission of liability or fault by either party and resolves all claims asserted in the Claim and pursuant to the Dispute. No further details will be disclosed regarding the settlement.

The Agreement and issuance of the Settlement Shares are subject to certain conditions, including receipt of all necessary corporate and regulatory approvals, including from the CSE.

About Digital Asset Technologies Inc.

Digital Asset Technologies (CSE: DATT) is a publicly traded investment issuer that identifies and makes equity investments in global companies that are developing and commercializing technology.

Email: info@datech.ca

Learn more: https://www.datech.ca

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.

For further information, please contact Geoff Balderson, CFO at gb@corporateminds.ca

Cautionary Note regarding Forward Looking Statements

This press release includes "forward-looking information" that is subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements are subject to all of the risks and uncertainties normally incident to such events. Such forward-looking statements represent management's best judgment based on information currently available. No securities regulatory authority has either approved or disapproved of the contents of this news release. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.