Mr. Piyush Sawhney reports

DR. PHONE FIX ANNOUNCES CLOSING OF NON-BROKERED CONVERTIBLE DEBENTURE UNIT FINANCING

Dr. Phone Fix Canada Corp. has closed its previously announced non-brokered private placement of convertible debenture units of the company. The company issued an aggregate of 1,608 units, at a price of $1,000 per unit, for aggregate gross proceeds of $1,608,000. Each unit comprises: (i) one $1,000 principal amount unsecured convertible debenture of the company; and (ii) 3,125 common share purchase warrants of the company. Additional detail on the offering, including terms of the convertible debentures and warrants, is set out in the news release dated May 19, 2026.

In connection with the offering, the company paid finders' fees consisting of an aggregate cash fee of $110,810 and issued an aggregate of 692,562 common share purchase warrants of the company to certain qualified arm's-length parties. Each finder's warrant is exercisable to acquire one common share of the company at an exercise price of 22 cents prior to the date that is 24 months from the date of issuance.

All securities issued pursuant to the offering, including any common shares issuable upon conversion of the convertible debentures or exercise of the warrants and finders' warrants, are subject to a statutory hold period of four months and one day from the closing of the offering, in accordance with applicable securities laws and TSX Venture Exchange policies.

The offering remains subject to final acceptance of the TSX-V.

About Dr. Phone Fix Canada Corp.

Dr. Phone Fix is Canada's award-winning, eco-friendly integrated device care platform providing repair, refurbishment, certified preowned devices, trade-in solutions, accessories and related services through its growing national retail network. Founded in 2019, the company serves consumers and businesses across multiple Canadian markets, delivering convenient and reliable device care solutions through its corporately owned retail network. With a focus on operational execution, customer service and sustainability, Dr. Phone Fix continues to expand its national platform while supporting the repair, reuse and extension of the useful life of connected devices.

We seek Safe Harbor.