Mr. Brian Stringer reports

01 QUANTUM ANNOUNCES BROKERED LIFE FINANCING OF A MINIMUM OF $2,000,000 AND MAXIMUM OF $3,000,000

01 Quantum Inc. has entered into an agreement with Hampton Securities Ltd., as the sole lead agent and bookrunner, in connection with a commercially reasonable efforts placement of a minimum of 4,116,666 units of the company and up to 6.25 million units at a price of 48 cents per unit for aggregate gross proceeds of a minimum of $2-million and up to $3-million.

Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant of the company. Each warrant will entitle the holder thereof to acquire one share at a price of 75 cents for a period of 36 months from the closing of the offering.

As part of the offering, the company granted the agent an option, exercisable in whole or in part, at any time up to 48 hours prior to the closing date of the offering, to sell up to an additional 937,500 units at the offering price for additional gross proceeds of up to $450,000.

The company intends to use the net proceeds from the offering to advance its product development initiatives, expand the product development and sales and marketing teams, accelerate commercialization efforts of its technology and commercial applications, and general working capital needs as further described in the offering document (as defined below).

The units will be offered pursuant to Part 5A of National Instrument 45-106, Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, to purchasers resident in Canada (other than the province of Quebec) and in other qualifying jurisdictions outside of Canada that are mutually agreed to by the company and the agent on a private placement basis pursuant to relevant prospectus and registration exemptions in accordance with applicable laws. The securities issued under the offering to Canadian subscribers will not be subject to a hold period pursuant to applicable Canadian securities laws.

There is an offering document related to the offering that can be accessed under the corporation's profile on SEDAR+ and on the corporation's website. Prospective investors should read this offering document before making an investment decision.

It is expected that closing of the offering will take place on or about Oct. 9, 2025. Closing of the offering is subject to certain conditions, including, but not limited to, receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

As consideration for its services, the agent will receive a cash fee equal to 7 per cent of the gross proceeds of the offering (including the agent's option). In addition, the corporation will issue to the agent a number of compensation options equal 7.0 per cent of the aggregate number of units issued pursuant to the offering (including the agent's option). Each compensation option will entitle the agent to purchase one share at the offering price for a period of 36 months from the closing of the offering.

About 01 Quantum Inc.

01 Quantum, formerly 01 Communique Laboratory Inc., is known for its innovative work in postquantum cybersecurity and remote access solutions. The company's cybersecurity business unit focuses on postquantum cybersecurity with the development of its IronCap product line. IronCap's technologies are patent protected in the United States by its patents No. 11,271,715 and No. 11,669,833. The company's remote access business unit provides its customers with a suite of secure remote access services and products under its I'm InTouch and I'm OnCall product offerings. The remote access offerings are protected in the United States by its patents No. 6,928,479, No. 6,938,076 and No. 8,234,701; in Canada by its patents No. 2,309,398 and No. 2,524,039; and in Japan by its patent No. 4,875,094.

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