Mr. Jim Rakievich reports

MCCOY GLOBAL INC. ANNOUNCES APPROVAL OF NORMAL COURSE ISSUER BID

McCoy Global Inc. has received approval from the Toronto Stock Exchange to extend a proposed normal course issuer bid to purchase up to 2,537,833 common shares, representing approximately 10 per cent of the public float common shares of McCoy as at Aug. 19, 2025.

McCoy's management and board of directors believe that the current market price of the company's common shares does not represent the underlying value of the corporation, and has determined that the repurchase of its common shares is a desirable use of funds, and in the best interests of the corporation and its shareholders.

Purchases under the bid will be made through the facilities of the TSX or any Canadian alternative trading system. The period of the bid will extend from Aug. 22, 2025, to Aug. 21, 2026, or an earlier date should McCoy complete its purchases.

As of Aug. 19, 2025, 26,766,899 common shares of McCoy were issued and outstanding. Under the rules of the TSX and subject to certain exemptions for block purchases, the maximum number of common shares that the corporation may purchase on any single trading day is 22,415 common shares, representing 25 per cent of the average daily trading volume of 89,663 common shares for the previous six calendar months.

In conjunction with the NCIB, McCoy established an automatic share purchase plan (ASPP) with its broker to facilitate repurchases of common shares. Under the terms of the ASPP, the corporation's broker will be permitted to make purchases at its sole discretion based on parameters set by the corporation in accordance with TSX rules, applicable securities law and the terms of the ASPP, during periods when the corporation would ordinarily not be permitted to make purchases, whether due to regulatory restriction or customary self-imposed blackout periods. Outside of such periods, common shares can be purchased based on management's discretion, in compliance with TSX rules and applicable securities law. All purchases of common shares made under the ASPP will be included in determining the number of common shares purchased under the NCIB. The corporation is not currently in possession of any material undisclosed information in relation to the corporation. The ASPP has been precleared by the TSX and will be effective on Aug. 22, 2025. The ASPP will terminate on the earliest of the date on which: (a) the maximum purchase limits under the NCIB are reached; (b) Aug. 21, 2026; or (c) the corporation terminates the ASPP in accordance with its terms. All common shares purchased under the NCIB, including those under the ASPP, will be cancelled. The actual number of common shares purchased, the time of purchases and the price at which the common shares will be acquired will depend on future market conditions.

Under its previous normal course issuer bid, which commenced on Aug. .22, 2024, and which will end on Aug. 21, 2025, McCoy obtained approval from the TSX to purchase up to 1,594,179 common shares. As at Aug. 20, 2025, McCoy had purchased an aggregate of 518,500 common shares for cancellation under the bid in the past 12 months at a weighted average price of $2.67 per common share. All repurchases under the bid within the past 12 months were conducted through the facilities of the TSX and/or alternative Canadian trading systems.

About McCoy Global Inc.

McCoy Global is transforming well construction using automation and machine learning to maximize wellbore integrity and collect precise connection data critical to the global energy industry. The corporation has offices in Canada, the United States and the United Arab Emirates, and operates internationally in more than 50 countries through a combination of direct sales and key distributors.

Throughout McCoy's 100-year history, it has proudly called Edmonton, Alta., Canada, its corporate headquarters. The corporation's shares are listed on the TSX and trade under the symbol MCB.

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