Mr. Cale Moodie reports

NEPTUNE ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID SHARE BUYBACK PROGRAM

Neptune Digital Assets Corp.'s principal regulator, the TSX Venture Exchange, has accepted the company's notice of intention to renew its normal course issuer bid (NCIB) to purchase outstanding common shares of Neptune through the facilities of the exchange or alternative trading systems.

Under the terms of the NCIB, the company may purchase for cancellation up to 11,352,259 common shares, representing 10 per cent of its public float (as defined by the exchange) as of Aug. 25, 2026. The renewed NCIB will commence on Aug. 31, 2026, and will terminate on Aug. 30, 2027, or at such earlier time as the purchases under the NCIB are completed or the NCIB is terminated at the option of Neptune.

Neptune is renewing the NCIB because it believes that the market price of the common shares may not, from time to time, fully reflect their value and, accordingly, the purchase of the common shares would be in the best interest of the company and an attractive and appropriate use of available funds. It is expected that any purchases made by the company could also enhance value and liquidity for its shareholders.

The purchase and payment for the common shares will be made by Neptune through the facilities of the exchange or alternative trading systems. All purchases by the company under the NCIB will be made through Haywood Securities Inc., as broker-dealer of the company, and all common shares purchased under the NCIB will be cancelled. The price paid for the common shares will be, subject to NCIB pricing rules contained in securities laws, the prevailing market price of such common shares on the exchange at the time of such purchase. Neptune intends to fund the purchases out of available cash and working capital.

Under its prior NCIB, which expired on April 4, 2026, the company purchased an aggregate of 276,500 common shares through the facilities of the exchange and alternative trading systems.

About Neptune Digital Assets Corp.

Neptune Digital Assets is one of the first publicly traded blockchain companies in Canada and is at the forefront of the cryptocurrency and blockchain landscape.

We seek Safe Harbor.