Mr. Torbjorn Jenssen reports

SIXTY-SIX CAPITAL EXPANDS EFFECTIVE BITCOIN EXPOSURE WITH OPTION FOR UP TO 200 BTC AND MOVE TO DIRECT HOLDINGS

Sixty-Six Capital Inc. has entered into a 12-month call option agreement dated Aug. 21, 2026, with K33 Holding AS, a subsidiary of K33 AB (publ), giving the company gross upside exposure to up to 200 bitcoin (BTC) above a strike price of $100,000 (U.S.) per BTC.

Sixty-Six has also sold its Purpose Bitcoin ETF holdings, repaid $2,963,974.4 of financing, and will use the remaining net proceeds to pay for the option and acquire BTC directly. The move will transition the company's existing BTC exposure from ETF units to direct, on-chain holdings and option exposure. It changes how Sixty-Six holds its BTC exposure; the company's existing strategy remains unchanged.

"This transaction materially increases Sixty Six's BTC upside and prepares us to move our existing exposure on-chain," said Torbjorn Bull Jenssen, chief executive officer of Sixty-Six Capital. "The option adds exposure to up to 200 BTC, while direct holdings will give us greater control over the treasury. It is a clear early example of the synergies created by K33's investment in Sixty-Six earlier this year."

The option may be exercised once for between 100 and 200 BTC until Aug. 21, 2027, and will settle through physical, on-chain delivery against payment of the strike price. Sixty-Six will pay a non-refundable premium of $1,932,000 (U.S.). The company currently intends to exercise the option for the full 200 BTC if it is in the money, subject to available funding and the terms of the agreement.

Sixty-Six expects to continue using K33 Markets AS for execution, custody and treasury administration relating to its direct BTC holdings. Sixty-Six initiated that client relationship and completed onboarding before K33 acquired its ownership interest.

The transactions contemplated by the agreement constitute a related party transaction within the meaning of Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions as K33 is a control person of the company. The company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, as the company is not listed on a specified market and the fair market value of the compensation payable to K33 pursuant to the agreement does not exceed 25 per cent of the market capitalization of the company in accordance with MI 61-101. The company did not file a material change report in respect of the related party transaction at least 21 days before entering into the agreement, which the company deems reasonable in the circumstances in order to enter into the agreement in an expeditious manner.

About Sixty Six Capital Inc.

Sixty Six Capital is a BTC treasury and crypto asset investment company.

We seek Safe Harbor.