Ms. Jo-Anne O'Connor reports

STRATEGEM CAPITAL REPORTS FIRST QUARTER RESULTS; LISTING DEFICIENCY RESOLVED NET ASSET VALUE PER SHARE IS $1.32

Strategem Capital Corp. has released its financial results for the three months ended March 31, 2026.

Corporate commentary:

• The company's net asset value per share was $1.32 at March 31, 2026, compared with $1.19 at Dec. 31, 2025. The common shares last traded at $1 (April 29, 2026), compared with 40 cents at Dec. 31, 2025.
• At March 31, 2026, the company had deployed 98 per cent of its capital in short-term investments and held cash of $300,000.
• During the three months ended March 31, 2026, the company recorded total revenue of $1.3-million, consisting of interest and dividend income of $60,000, and unrealized gain on investments of $1.2-million, offset by losses on sale of investments of $3,000.
• The net income for the three months ended March 31, 2026, was $1.2-million (earnings per share of 13 cents), compared with a net loss of $700,000 (loss per share of seven cents) for the prior year comparable period.
• Subsequent to the quarter-end, the company regained compliance with the minimum distribution requirement of the exchange (Policy 2.5, Section 2.1), having previously disclosed its non-compliance on Oct. 28, 2025. The company now meets the exchange's minimum number of public shareholders holding board lots, thereby remedying the prior deficiency.
• The company's objective is to own and manage high-growth businesses in resource exploration and development, mining, energy production and agriculture. Management continues to explore prospective businesses and may take advantage of opportunities stemming from recent market volatility.

The reported earnings include unrealized mark-to-market values in the company's investment portfolio. The value of the company's investments and the income derived from investments will fluctuate. Current results may not be indicative of the future or likely performance of any investment.

We seek Safe Harbor.