Mr. Chris Giordano reports

MIMEDIA ANNOUNCES NON-BROKERED PRIVATE PLACEMENT FOR GROSS PROCCEDS OF UP TO $6,000,000

Mimedia Holdings Inc. intends to complete a non-brokered private placement of up to 24 million subordinate voting shares in the capital of the company, at a price of 25 cents per offered share, for aggregate gross proceeds of up to $6-million.

The company is also announcing a new business development partnership with Credico, an international leader in outsourced sales and customer acquisition, with over 35 years of continued expansion and operations throughout North America, Europe, India and South Africa. Credico's client base includes global telecommunications, energy and non-profit clients that have continuously relied on Credico's expertise to expand their customer base. In the partnership, Credico will make available Mimedia's platform globally to its clients, with the goal of continuing to offer best in class tech to power its sales campaigns.

It is also anticipated that Credico's founders will personally invest a majority of the new offering.

One co-founder of Credico noted: "My partner and I are excited to be investing in Mimedia and forming a broader business development partnership between our two companies -- Credico and Mimedia. We believe the market opportunity for our partnership is significant. Our telecom carrier clients are looking for new streams of recurring revenue at high margins, as well as new ways to keep their customers sticky. Mimedia's offering is the best independent platform we have seen in this market and we are confident that the Mimedia platform can deliver impactful recurring revenue and margin growth to our Telco clients."

Chris Giordano, chief executive officer of Mimedia, added: "We are thrilled to announce this offering and new business development partnership, both aimed to fuel exciting growth opportunities for Mimedia in 2026. We are also honoured to have some of Credico's founders join our team as investors. We cannot wait to start targeting together the high number of new potential partnerships both teams see ahead."

Additional information about the offering

The net proceeds from the offering are expected to be used to support growth initiatives and operations, and for general working capital purposes.

The offering is subject to certain conditions, including, but not limited to, receipt of all necessary approvals, including approval of the TSX Venture Exchange. In connection with the offering and subject to applicable securities laws and TSX-V policies, the company may pay finders' fees to eligible parties who assist in introducing subscribers to the company. All securities issued pursuant to the offering will be subject to a statutory four-month hold period from their date of issuance.

About Mimedia Holdings Inc.

Mimedia Holdings provides a next-generation consumer cloud platform that enables all types of personal media to be secured in the cloud, accessed seamlessly at any time, across all devices and on all operating systems. The company's platform differentiates with its rich media experience, robust organization tools, private sharing capabilities and features that drive content re-engagement. Mimedia partners with smart phone makers and telecom carriers globally, and provides its partners with recurring revenue streams, improved customer retention and market differentiation. The platform services millions of engaged users around the world.

About Credico

Credico is one of the world's leading face-to-face customer acquisition agency, helping its clients attract and retain loyal customers. Founded in 1991, Credico connects internationally recognized brands with high-quality, local-market outsourced sales teams that help clients acquire new customers via retail, events, door-to-door and street market sales. Credico has quadrupled its partnerships with independent sales offices around the world over the past 10 years and has increased new customer acquisition at a generous rate year over year.

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