Mr. Rahim Bhaloo reports

PESORAMA ANNOUNCES FIRST CLOSING OF EQUITY FINANCING

Pesorama Inc. has completed a first closing of the company's equity offering, first announced on Oct. 20, 2025, for gross proceeds of $3.5-million. Pursuant to the offering, the company sold 14 million units of the company at a price of 25 cents per unit. The company expects the second tranche of the total $5-million equity financing to close next week.

Each unit comprises one common share of the company and one common share purchase warrant of the company. Each warrant will entitle the holder thereof to acquire one common share at a price of 40 cents per warrant share for a period of 18 months from Jan. 20, 2026, being the date that is 60 days following the closing date. From today and until the warrant expiry date, in the event that the daily volume-weighted average trading price of the common shares on a recognized Canadian stock exchange, which includes the TSX Venture Exchange, is equal to or greater than 60 cents over a 10-consecutive-trading-day period, the company may, at its option, within ten business days following such 10-day period, accelerate the warrant expiry date by issuing a news release and, in such case, the warrant expiry date shall be deemed to be the date that is 30 days following the issuance of the warrant acceleration notice.

All of the units were issued pursuant to the listed issuer financing exemption (LIFE) under Part 5A of National Instrument 45-106.

In connection with the offering, the company paid a cash commission of $210,000 and issued 840,000 non-transferable finder warrants to arm's-length finders. Each finder's warrant is exercisable into one unit at a price of 25 cents at any time on or before May 21, 2027.

The company intends to use the net proceeds raised from the offering for store expansion and working capital.

The offering remains subject to final approval of the TSX Venture Exchange.

About Pesorama Inc.

Pesorama, operating under the JOI Dollar Plus brand, is a Mexican value dollar store retailer. Pesorama launched operations in 2019 in Mexico City and the surrounding areas targeting high-density, high-traffic locations. Pesorama's 29 stores offer consistent merchandise offerings, which include items in the following categories: household goods, pet supplies, seasonal products, party supplies, health and beauty, snack food items, confectionery, and more.

We seek Safe Harbor.