Mr. Mathieu Peloquin reports

STINGRAY ANNOUNCES THAT ITS SHARES WILL TRADE ON THE TORONTO STOCK EXCHANGE UNDER A SINGLE TICKER

Stingray Group Inc.'s subordinate voting shares and variable subordinate voting shares will trade under a single ticker on the Toronto Stock Exchange, effective as of Feb. 13, 2026.

Stingray's subordinate voting shares currently trade on the TSX under the symbol RAY.A and bear Cusip number 86084H100. Stingray's variable subordinate voting shares currently trade on the TSX under the symbol RAY.B and bear Cusip number 86084H209. As of Feb. 13, 2026, each of the subordinate voting shares and variable subordinate voting shares will trade on the TSX under a single ticker designated RAY, will bear Cusip number 86084H407, and will be designated for purposes of trading on the TSX and reporting in brokerage accounts under the single designation of subordinate voting and variable subordinate voting shares of Stingray.

This change, which will allow the demand and liquidity for both classes of shares on the TSX to be consolidated under a single ticker, is designed to improve the liquidity for the variable subordinate voting shares which have historically had lower trading volumes.

The trading of Stingray subordinate voting shares and variable subordinate voting shares under a single ticker is limited solely to the administration of trading of the Stingray shares on the TSX. This change does not involve any amendment to Stingray's articles of incorporation, bylaws or share capital structure, nor to the terms and conditions or the voting and ownership restrictions attaching to the subordinate voting shares and variable subordinate voting shares.

Pursuant to Stingray's articles of incorporation, the subordinate voting shares may only be held and controlled by Canadians, the variable subordinate voting shares may only be held and controlled by non-Canadians, and each class is automatically assigned based on the Canadian or non-Canadian status of their holder. If a non-Canadian acquires Stingray shares on the TSX, such holder will automatically be assigned variable subordinate voting shares. Similarly, if a Canadian acquires Stingray shares on the TSX, such holder will automatically be assigned subordinate voting shares.

The combination of trading under a single ticker on the TSX will not result in any changes to the voting procedures currently adopted by Stingray for purposes of shareholder meetings, and shareholders who wish to vote at meetings (either by proxy or by attending the meeting virtually or in person) will continue to be required to complete a declaration of Canadian status to enable Stingray to comply with the restrictions imposed by its articles and bylaws and the Broadcasting Act (Canada) on the ownership and voting of its voting securities.

In addition to declarations obtained for the purposes of voting at shareholder meetings, through periodic surveys of its beneficial shareholders conducted by its transfer agent and CDS Clearing and Depository Services Inc., Stingray will continue to regularly monitor the number of its shares beneficially held and controlled by Canadians which represent subordinate voting shares and the number of its shares beneficially held or controlled by non-Canadians which represent variable subordinate voting shares.

Additional information relating to the terms of the subordinate voting shares and variable subordinate voting shares is included in Stingray's annual information form, filed with the securities regulatory authorities in Canada, available at SEDAR+.

About Stingray Group Inc.

Stingray, the world's leading connected streaming media company, delivers the best curated audio and video content to consumers worldwide. As a pioneer in multiplatform streaming and distribution, Stingray's vast digital content portfolio includes thousands of live audio and radio stations, premium music channels, concerts and music documentaries, and karaoke products, as well as ambience and wellness channels. Its offering is distributed through connected TVs, smart speakers, mobile, connected cars and retail. Reaching hundreds of millions of consumers every month, Stingray's products offer an unparalleled advertising reach, enabling brands to connect with an engaged audience across the world. Home to globally renowned brands such as TuneIn, Singing Machine, Stingray Karaoke and Qello Concerts, Stingray is powered by a worldwide team of more than 1,000 employees.

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