Ms. Mahtab Abbasigaravand reports

ALPHINAT ANNOUNCES A LOSS OF $(44,521) FOR QUARTER ENDED MAY 31, 2026

Alphinat Inc. had a net loss of $44,521 for the 2026 third quarter ended May 31, 2026, compared with a net profit of $29,127 for the same period ended May 31, 2025.

During the quarter ended May 31, 2026, Alphinat continued to focus the majority of its sales efforts on the public sector and its partners. SmartGuide is leveraged by federal, state/provincial and municipal government agencies to accelerate solution deliveries, improve productivity gains and user experiences.

In order to accelerate future growth, Alphinat has six main areas of solution deliveries:

1. The SmartGuide Grants and Contributions solution was developed in conjunction with a federal department of the Canadian government. This platform offers unparalleled productivity for federal, state and municipal clients creating calls for grants, including financial program creations for applications, adjudication and payments.
2. SmartGuide Portal Edition for Dynamics 365 has optimized the way that clients can now create and deploy on-line services on top of Microsoft Dynamics 365 CRM (customer relationship management) solutions. This offering is available in SaaS (software-as-a-service) mode as well as on-premises.
3. The SmartGuide Green House Gas Registry solution is a green fintech (financial technology) solution allowing governments and industry to work together in reducing the harmful effects of greenhouse gas. Alphinat currently has three provincial clients for its SmartGHGR.ca solution.
4. The SmartGuide Claims solution was developed in conjunction with a major IT (information technology) consulting partner, which aims at offering unparalleled productivity to federal, state and municipal clients for financial claims applications, adjudication and settlements for financial compensation and class action settlements.
5. SmartGuide Civic Portal, Civic Portal for Permits & Licensing, and SmartGuide Municipal Cloud are municipal cloud and on-premises solutions front-ending partner solutions and other digital services for improved user experience for both the cities and their citizens.
6. SmartProfile, a secure single-sign-on solution, is now a stand-alone solution, built on SmartGuide. It provides industry-leading flexible for full integration and end-user satisfaction.

SmartGuide brings faster agile development with LiveAIassist and SmartComponents to the cloud, Web and mobile and now extends its offering with the SmartProfile stand-alone secure single-sign-on (SSO) solution.

SmartProfile, an access management secure single-sign-on solution, is now a stand-alone solution. Based on SmartGuideO, it offers industry-leading flexibility for full integration and end-user satisfaction.

For the three-month period ended May 31, 2026, revenues were $235,153, compared with $359,559 for the corresponding period of 2025, the result of delivery completion of a large international project to the company's clients and slowing in professional service revenues. The net loss for the three-month period ended May 31, 2026, was $44,521, or nil per common share outstanding, would correspond to a net profit of $29,127, or nil per common share outstanding, for the three-month period ended May 31, 2025.

Alphinat's financial statements and management discussion and analysis for the period ended May 31, 2026, are available on SEDAR+.

About Alphinat Inc.

At Alphinat, the company is driven by the passion to make application development easy for everyone and system interoperability issues a thing of the past. The company enables people with the vision of how a finished application should look and behave to be a major part of the development process. After all, what better way to ensure a favourable outcome than to provide those closest to an application's end-users with a vested interest in its success throughout its development?

That is why Alphinat brings you new ways to empower the right people at the right time in the application development process. At the same time, Alphinat is constantly working to reduce the need to code in order to make application development and maintenance simpler and less error prone.

So, whether you choose to develop your applications with the help of Alphinat's low-code platform, SmartGuide, kick-start your project using one of Alphinat's prebuilt apps or engage the company or one of Alphinat's partners to do the work for you; Alphinat is here to help you deploy better applications in record time.

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