Mr. Cale Moodie reports

NEPTUNE HIGHLIGHTS SPACEX LIQUIDITY AND DERIVATIVE STRATEGY, PROVIDES TREASURY UPDATE

Neptune Digital Assets Corp. has provided an update on its SpaceX investment, derivative strategy and digital asset treasury holdings.

Key highlights:

• Substantial increase in SpaceX liquidity: Neptune now holds approximately 112,000 free-trading SpaceX shares, an increase from the initial 29,879 shares announced in August, 2026.
• Active cash generation through derivative strategy: The company has generated approximately $320,000 from premiums through its covered call options strategy since August, 2026.
• Strategic upside capital preservation: Neptune currently has options covering approximately 60,000 SpaceX shares with average strike prices of $206 (U.S.).
• Diversified blue-chip digital asset reserve: Neptune holds approximately 427 bitcoin and 37,900 solana, maintaining significant exposure to two leading digital assets.

Following the SpaceX initial public offering, Neptune has continued to receive additional freely tradable shares as lock-up restrictions expire. The company's current approximately 112,000 free-trading SpaceX shares provide greater flexibility in managing its frontier technology assets.

Neptune has also implemented a covered call options strategy on a portion of its SpaceX holdings, generating approximately $320,000 in premiums to date. The strategy provides an opportunity to generate cash flow from existing equity holdings while retaining exposure to potential appreciation on shares not subject to covered calls.

"Our early investment in SpaceX continues to mature into a highly liquid, institutional-grade balance sheet asset," said Cale Moodie, president and chief executive officer of Neptune. "We are actively demonstrating how Neptune can monetize frontier equity to support ongoing operations and fund new growth initiatives. Our focus is on building a portfolio of high-quality assets while generating cash flow and maintaining the flexibility to pursue new opportunities."

Neptune remains committed to expanding its dual-exposure model, maintaining disciplined exposure to liquid digital assets and premier frontier technologies, while actively generating cash and utilizing debt to minimize dilutive financings.

About Neptune Digital Assets Corp.

Neptune Digital is one of the first publicly traded blockchain companies in Canada, and is at the forefront of the cryptocurrency and blockchain landscape. Neptune engages in operations across the digital asset ecosystem including proof-of-stake mining, blockchain nodes, decentralized finance and other associated cutting-edge technology. Its unwavering commitment to innovation and strategic growth enables it to continually explore new opportunities and maximize value for its shareholders.

We seek Safe Harbor.