Mr. Rahim Bhaloo reports

PESORAMA ANNOUNCES OVERSUBSCRIBED PRIVATE PLACEMENT, UPSIZES OFFERING TO $10,010,000 AND CLOSES BOOKS WITH EXCESS DEMAND

Further to Pesorama Inc.'s press release dated April 8, 2026, its previously announced non-brokered private placement has been oversubscribed. As a result of strong investor demand, the company has increased the size of the private placement from $7.0-million to up to $10.01-million and confirms that the private placement is now fully subscribed for. The company is not expecting to increase the private placement further.

The upsized private placement will consist of up to 28.6 million units at a price of 35 cents per unit for aggregate gross proceeds of up to $10.01-million.

Each unit will comprise one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one common share at a price of 50 cents per warrant share for a period of 36 months from the closing date (defined below) of the private placement. From the closing date and until the warrant expiry date, in the event that the volume-weighted average price of the common shares on a recognized Canadian stock exchange, which includes the TSX Venture Exchange, is equal to or greater than 75 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 press 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 press release.

The terms of the offering remain otherwise unchanged from those disclosed in the company's prior news release.

The gross proceeds raised from the private placement will be used for store expansion and general corporate purposes.

The private placement is non-brokered; however, the company may pay finders' fees of up to 7 per cent in cash to eligible finders in connection with a portion of the offering, in accordance with the policies of the TSX-V.

The private placement is expected to close on or about April 21, 2026, or such other date or dates as may be determined by the company (each such date, a closing date).

Closing of the private placement is subject to receipt of all necessary corporate and regulatory approvals, including the approval of TSX-V. All securities issued in connection with the private placement will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.

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 35 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.

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