Mr. Michel Amar reports

DIGIPOWER X ANNOUNCES CLOSING OF SETTLEMENT

Digi Power X Inc.'s settlement, previously announced on Jan. 9, 2026, has closed. The settlement received final approval by the TSX Venture Exchange on Feb. 17, 2026. In connection with the settlement, the company issued a warrant exercisable for up to an aggregate of 269,231 of the company's subordinate voting shares at a price of $2.85 (U.S.) per share for a period of five years from the date of issuance.

Stock option grant

The company also announces the grant of a total of 200,000 stock options to certain directors of the company in accordance with the company's stock option plan. A total of 100,000 stock options are exercisable into subordinate voting shares of the company at a price of $2.60 (U.S.) per share, and 100,000 stock options are exercisable into subordinate voting shares of the company at a price of $6 (U.S.) per share, with an expiry of Jan. 30, 2031. The stock options vest fully on the date of grant, and are subject to the terms and conditions of the plan and the policies of the TSX Venture Exchange.

About Digi Power X Inc.

Digi Power X is an innovative energy infrastructure company that develops Tier 3-certified modular artificial intelligence data centres and drives the expansion of sustainable energy assets.

We seek Safe Harbor.