Mr. Sheldon Bennett reports

DMG BLOCKCHAIN SOLUTIONS ANNOUNCES 75 MW UTILITY APPROVAL EXPANDING CHRISTINA LAKE DATA CENTER POWER, FEBRUARY PRELIMINARY OPERATIONAL RESULTS

DMG Blockchain Solutions Inc. has received verbal approval by its utility for an additional 10 megawatts of non-firm power. This raises DMG's total available power capacity to 75 megawatts based on a combination of 15 megawatts of firm power and 60 megawatts of non-firm (curtailable) power. While the company has previously submitted an application for 150 megawatts of firm power, it now plans to submit a new application for additional non-firm power, which, if approved, may be more readily available at a lower capital cost.

DMG's use of non-firm power has been an unqualified success to date. It has not only helped to modestly reduce its energy costs but has also resulted in only three days of curtailment, which occurred in February, 2025. DMG has the option to utilize financial hedging contracts that could effectively eliminate financial curtailment events, albeit at a higher average energy rate than utilizing unhedged energy. While this hedged rate would typically not be financially attractive for bitcoin mining, it would be appropriate for an artificial intelligence data centre.

The company is also exploring with its utility the ability to utilize the natural gas transmission line located on its Christina Lake property for backup power generation and potentially primary generation in the future, combined with the possibility of utilizing renewable natural gas that provides offtakers the option of a fully carbon neutral operation.

DMG's chief executive officer, Sheldon Bennett, commented: "Even as we are focused on finding the right AI offtakers for our Christina Lake data centre, in parallel, we are seeking options that will position the property to be more valuable, especially if we can provide power expansion opportunities that go well beyond 50 megawatts of critical IT load. Energy availability is most important, but we are also working to ensure that our Christina Lake data centre offers world-class connectivity and that we are building a broad supply chain that will help us ensure success."

DMG February, 2026, preliminary operational results:

• Bitcoin mined: 23 BTC (versus 23 BTC in January, 2026);
• Hash rate: 1.78 exahashes per second (versus 1.69 EH/s in January, 2026);
• Bitcoin balance: 410 BTC (versus 414 BTC in January, 2026).

DMG's hash rate averaged 1.78 EH/s in February, in line with recent guidance. At the end of February, DMG held 410 bitcoin as the company liquidated a portion of its mined bitcoin to finance operations.

About DMG Blockchain Solutions Inc.

DMG is a sustainable, vertically integrated blockchain and data centre technology company that develops, manages and operates comprehensive platform solutions to monetize the blockchain ecosystem. The company's operations are driven by two strategic pillars: Core and Core+, both unified by DMG's commitment to vertical integration and environmentally responsible practices. DMG's subsidiary Systemic Trust Corp. is focused on custody of digital assets.

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