Mr. Steven Glaser reports

POOL SAFE ANNOUNCES DEBENTURE AND BONUS WARRANTS EXTENSIONS

Pool Safe Inc. has received approval from the TSX Venture Exchange for the extension of the repayment day (as defined below) of a senior secured debenture in the amount of $500,000 to a certain arm's-length party originally issued as part of a private placement that closed on May 6, 2021. The interest on the debenture accrues at a rate of 12 per cent per annum, payable in cash monthly in arrears on the last business day of each month, and up to the date on which the loan is redeemed in full and shall mature on May 6, 2026. Previously, the company amended the repayment day, which was originally Dec. 31, 2022, to Dec. 31, 2023, and then subsequently to Dec. 31, 2024, and further to Dec. 31, 2025. This is now a further amendment to the repayment day, pushing it out to May 6, 2026. All other terms of the debenture remain unchanged.

In addition, the company announces that it has received approval from the TSX-V for the extension of the expiry date of a total of 1.6 million outstanding common share bonus warrants originally issued as part of the financing. Each bonus warrant entitles the holder thereof to purchase one common share in the capital of the company at a price of five cents per bonus warrant. The company has amended the expiration date of the bonus warrants to May 6, 2026. Previously, the company amended the expiration date of bonus warrants, which was originally Dec. 31, 2022, to Dec. 31, 2023, and then subsequently to Dec. 31, 2024, and further to Dec. 31, 2025. This is now a further amendment to the expiration date of the bonus warrants, pushing them out to May 6, 2026. All other terms of the bonus warrants remain unchanged.

About Pool Safe Inc.

Pool Safe designs, develops and distributes a product known as LounGenie, which functions as a multipurpose personal poolside attendant. LounGenie by Pool Safe is designed to provide safety, convenience, and peace of mind for hotels, resorts, water parks and cruise ship guests. Conveniently located alongside pool or beach lounge chairs, the LounGenie is a unique way of providing vacationers with a comforting sense of security for their belongings, while offering the vendor opportunities to increase F&B sales, expedite customer service and drive revenue.

We seek Safe Harbor.