Mr. Jake Kalpakian reports

JACKPOT DIGITAL ANNOUNCES PROPOSED REPRICING OF INSIDER STOCK OPTIONS

Jackpot Digital Inc. intends to seek disinterested shareholder approval at its coming annual general and special meeting of shareholders to be held on Friday, Dec. 18, 2026, to reprice an aggregate of 12.2 million outstanding stock options held by certain directors and officers of the company.

The insider options were originally granted on Nov. 5, 2025, and are currently exercisable at the price of 15 cents per common share. The company proposes to reduce the exercise price of these insider options to five cents per common share, which is the minimum allowable price as per the policies of the TSX Venture Exchange on Nov. 2, 2026.

A breakdown of the insider options proposed to be repriced is set out below.

All other terms and conditions of the insider options, including the expiry date and vesting provisions, will remain unchanged.

The board of directors believes that the repricing is necessary to restore the incentive value of the insider options. The current exercise price is significantly higher than the current market price of the company's shares. Repricing these options ensures the company can continue to retain and motivate key directors and personnel.

In accordance with the policies of the TSX-V, the proposed repricing of insider options is subject to the approval of the TSX-V and the approval of a majority of the votes cast by disinterested shareholders at the meeting. Insiders holding the options subject to the repricing, and their respective associates, will abstain from voting on the resolution.

Full details of the proposed repricing will be included in the management information circular of the company to be mailed to shareholders and filed under the company's profile on SEDAR+ in connection with the meeting.

About Jackpot Digital Inc.

A positive disruptor in the casino business, Jackpot Digital is the leading provider of electronic poker table games, offering innovative gaming solutions to casinos worldwide. The company specializes in the development and deployment of dealerless multiplayer electronic poker ETGs, providing operators with efficient, cost-effective and revenue-generating alternatives to traditional live dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings.

We seek Safe Harbor.