Mr. Mathieu Peloquin reports

STINGRAY PROVIDES UPDATE ON MANAGEMENT CEASE TRADE ORDER

Stingray Group Inc. is providing an update with respect to its previously announced temporary management cease trade order (MCTO) issued by the Autorite des marches financiers under National Policy 12-203, Management Cease Trade Orders, as disclosed in the news releases of the corporation dated June 22, 2026, and June 30, 2026.

Stingray and its auditor continue to work diligently to file Stingray's audited consolidated financial statements for the year ended March 31, 2026, the management's discussion and analysis thereof, and the chief executive officer and chief financial officer certificates associated therewith, and Stingray's annual information form for the year ended March 31, 2026. Stingray remains committed to completing the filings as soon as practicable, which is expected to be no later than Aug. 29, 2026. The MCTO will be in effect until the required filings are completed.

Stingray is providing this biweekly update in accordance with NP 12-203 and will continue to provide such biweekly updates for so long as the required filings remain outstanding.

Stingray confirms that as of the date herein: (a) there has been no material change to the information set out in the default announcement or the MCTO announcement that has not been generally disclosed; (b) there has been no failure by the corporation in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines set out in NP 12-203; (c) there has not been, nor is there anticipated to be, any specified default subsequent to the default that is the subject of the default announcement; and (d) there is no other material information concerning the affairs of the corporation that has not been generally disclosed.

The MCTO prohibits the chief executive officer and the chief financial officer of the corporation, as well as the directors of the corporation, from trading in securities of the corporation for so long as the required filings are not filed. The MCTO does not generally affect the ability of other persons to trade the securities of Stingray pending the filing of the required filings via SEDAR+. Additionally, for so long as the required filings are not filed, Stingray will not, directly or indirectly, issue securities or acquire securities from an insider or employee of the corporation except in accordance with legally binding obligations to do so existing as of June 30, 2026.

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 by connected TVs, smart speakers, mobile, connected cars and retail. Reaching hundreds of millions of consumers every month, Stingray has products that 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.

We seek Safe Harbor.