Mr. Antanas Guoga, a shareholder, reports

ANTANAS GUOGA ANNOUNCES FILING OF EARLY WARNING REPORT RELATED TO SOL STRATEGIES INC.

Antanas Guoga has filed an early warning report regarding: (i) the acquisition of an aggregate of 2,300,726 common shares in the capital of Sol Strategies Inc., at a deemed issuance price of $2.41 per common share, pursuant to a debt settlement and termination agreement dated Dec. 31, 2025, between the company and Mr. Guoga; and (ii) between March 5, 2026, and March 27, 2026, the disposition by Mr. Guoga of an aggregate of 725,581 common shares through the facilities of the Canadian Securities Exchange and the Nasdaq Stock Market.

Prior to the completion of the debt settlement, Mr. Guoga beneficially owned and controlled an aggregate of 3,844,634 common shares, representing approximately 11.89 per cent of the issuance and outstanding on an undiluted and partially diluted basis. On completion of the debt settlement, Mr. Guoga beneficially owned and controlled an aggregate of 6,145,360 common shares, representing approximately 18.85 per cent of the issuance and outstanding on an undiluted and partially diluted basis. On completion of the disposition, Mr. Guoga beneficially owned and controlled an aggregate of 5,419,778 common shares, representing approximately 16.31 per cent of the issuance and outstanding on an undiluted and partially diluted basis.

Mr. Guoga intends to review his investment in the company on a continuing basis, and, depending upon various factors, including without limitation, any discussion between Mr. Guoga, the company, and/or the company's board of directors and its advisers regarding, among other things, the company's financial position and strategic direction, overall market conditions, the composition of the company's board of directors and management team, other investment opportunities available to Mr. Guoga, and the availability of securities of the company at prices that would make the purchase or sale of such securities desirable, Mr. Guoga may: (i) increase or decrease his position in the company through, among other things, the purchase or sale of securities of the company, including through transactions involving the common shares and/or other equity, debt, notes, other securities, or derivative or other instruments that are based upon or relate to the value of securities of the company in the open market or otherwise; (ii) enter into transactions that increase or hedge his economic exposure to the common shares without affecting his beneficial ownership of the common shares.

For further details relating to the acquisition, please see the report, a copy of which is available under the company's profile on SEDAR+, or may be requested by mail at: Antanas Guoga care of Irwin Lowy LLP, 217 Queen St. West, Suite 401, Toronto, Ont., M5V 0R2, or by e-mail at tonyguoga@icloud.com.