Mr. James Van Staveren reports

SCRYB APPROVES PROPOSED NAME CHANGE AND GRANT OF STOCK OPTIONS

Scryb Inc. intends to complete its corporate name change to NorthPalm Capital Corp., marking the next phase in the company's evolution and reflecting a renewed strategic focus on shareholder value creation and disciplined growth.

Under the new NorthPalm Capital, the company plans to focus on timing, execution and high-growth opportunities, supported by a more disciplined investment approach and the increasing use of AI-enabled (artificial intelligence) workflows to enhance operational efficiency and growth initiatives. The proposed name change follows recent changes in the company's management team and board of directors, and is intended to better align the company's public identity with its evolving mandate. The company believes these changes position it to pursue a more targeted strategy centered on capital allocation, discipline and long-term value creation for shareholders.

The name change has been approved by the company's board of directors and was previously approved by shareholders of the company at a meeting held on March 31, 2026 (see news release dated April 1, 2026). Pursuant to the upcoming name change, no action will be required by existing shareholders, and no share certificates of the company will be affected or need to be exchanged. A new Cusip number will be obtained to replace the previous Cusip number.

In connection with the company's continuing transition, the company also announces that it has granted an aggregate of 4.3 million stock options to certain employees, directors, officers and consultants of the company on April 14, 2026. Each option is exercisable into one common share of the company at a price of 12 cents per share for a period of three years from the date of grant. The options, and any common shares issued upon exercise thereof, are subject to a four-month-and-one-day hold period in accordance with applicable securities laws and the policies of the Canadian Securities Exchange.

The aforementioned grant of options resulted in certain directors and officers of the company receiving an aggregate of 3.1 million stock options. The company has relied on the exemptions from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions, contained in sections 5.5(b) and 5.7(a) of MI 61-101 in respect of such insider participation.

About Scryb Inc.

Scryb invests in and actively supports a growing portfolio of innovative and high-upside ventures across the technology sector.

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