Mr. Adam Adamou reports

OVERACTIVE MEDIA ANNOUNCES PRIVATE PLACEMENT EXTENSION

Overactive Media Corp. has extended the previously announced non-brokered private placement offering of up to 10 million units at a price of 30 cents per unit for aggregate gross proceeds of up to approximately $3-million.

The initial closing of the offering occurred on Dec. 30, 2025, and further closings of the offering are expected to occur by Feb. 23, 2026. Further closings of the offering are subject to the execution of definitive agreements and acceptance of the TSX Venture Exchange and other customary closing conditions. All securities issued in connection with the offering are subject to a four-month-and-one-day resale restriction pursuant to the policies of the TSX Venture Exchange and applicable securities legislation.

Each unit consists of one common share in the capital of the corporation and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at an exercise price of 40 cents for a period of 24 months following the issuance of the units, subject to acceleration.

About Overactive Media Corp.

Overactive is headquartered in Toronto, Ont., with operations in Madrid, Spain, and Berlin, Germany, is a premier global e-sports and entertainment company for today's generation of fan. Overactive Media owns team franchises in professional e-sports leagues, including the Call of Duty League, operating as the Toronto KOI, the League of Legends EMEA Championship, operating as Movistar KOI, and operating as Movistar KOI in other professional e-sports leagues and competitions. Overactive also operates ActiveVoices, an artificial-intelligence-driven content localization and monetization platform that enables creators and brands to expand their audiences globally and unlock new revenue streams through automated translation, dubbing and distribution.

We seek Safe Harbor.