06:17:11 EST Tue 03 Feb 2026
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Marvel Discovery Corp
Symbol MARV
Shares Issued 151,659,941
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Marvel Discovery clarifies shareholdings of Rayani

2026-02-02 16:50 ET - News Release

Subject: Marvel News Release attached. Word Document

File: '\\swfile\EmailIn\20260202 134247 Attachment Marv Insider Clarification Final.docx'

5 | Page

Marvel Discovery Corp.

Suite 200-3310 South Service Rd.

Burlington, Ontario L7N 3M6

Tel: +1 604-716 0551

www.marveldiscovery.ca

info@marveldiscovery.ca

www.falcongold.ca

info@falcongold.ca

NEWS RELEASE

Insider Holding Clarification

February 2, 2026, Toronto, Ontario- Marvel Discovery Corp. (TSX-V: MARV), (Frankfurt: O4T), (MARVF:OTC Pinks); ("Marvel" or the "Company") reports as a review by the British Columbia Securities Commission the following press release to clarify disclosure in management information circulars filed November 19, 2020, April 9, 2021 November 6, 2022, November 20, 2023, and May 30, 2025 (collectively, the "Circulars") with regards to beneficial ownership of common shares reported for Karim Rayani. Mr. Rayani's reported holdings in the Circulars did not match his actual holdings. As of the date of this press release Mr. Rayani's filings on the System for Electronic Disclosure by Insiders ("SEDI") are now current and he holds 3,069,000 common shares of the Company directly and 11,775,140 common shares of the Company indirectly. The Company states that all represented Shareholdings for Mr. Rayani are accurate and that filings for insiders and officers of the Company are available on www.sedi.ca.

ON BEHALF OF THE BOARD

Marvel Discovery Corp.

"Karim Rayani"

Karim Rayani

President/Chief Executive Officer, Director

Tel: 604 716 0551 email: k@r7.capital

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Forward-looking statements in this press release relate to, among other things: completion of the proposed Arrangement. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. There is no assurance any of the conditions for closing will be met. Forward-looking statements reflect the beliefs, opinions, and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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