Mr. Pad Gopal reports

SOL GLOBAL ANNOUNCES PROPOSED DEBT SETTLEMENT TRANSACTION AND PROPOSED WARRANT REPRICING

SOL Global Investments Corp. expects to settle outstanding indebtedness totalling approximately $6,630,528 with a number of creditors of the company through the issuance of 66,305,278 common shares in the capital of the company at a deemed price of 10 cents per settlement share, a premium to the market price.

The proposed issuances of settlement shares to 2750575 Ontario Ltd., John Zorbas, Mehdi Azodi and Jason Batista pursuant to the settlement will each be a related-party transaction under Multilateral Instrument 61-101 (Protection of Minority Securityholders in Special Transactions) as Pad Gopal, SOL Global's chief financial officer, is the principal shareholder of 275 and each of the directors is a director of the company. 275 is a creditor entitled to receive an aggregate of 1,412,500 settlement shares in settlement of indebtedness of approximately $141,250, and the directors are each entitled to receive an aggregate of 700,000 settlement shares in settlement of indebtedness of approximately $70,000, respectively. The related-party issuances are exempt from: (i) the valuation requirement of MI 61-101 by virtue of the exemption contained in Section 5.5(b) as the settlement shares are not listed on a market specified in MI 61-101; and (ii) the minority shareholder approval requirement of MI 61-101 by virtue of the exemption contained in Section 5.7(1)(a) of MI 61-101 as the fair market value of such settlement shares issuable to and the consideration to be paid by the insiders do not exceed 25 per cent of the company's market capitalization. The related-party issuances have been approved by those directors of the company who are independent in connection with such issuances. No special committee was established in connection with the related-party issuances, and no materially contrary view or abstention was expressed or made by any director of the company in relation thereto. Further details will be included in a material change report that will be filed by the company in connection with the completion of the settlement. The company anticipates that the material change report will be filed fewer than 21 days before the closing date of the settlement but believes that this shorter period is reasonable and necessary in the circumstances as the company wishes to improve its financial position by reducing its accrued liabilities as soon as possible.

The settlement shares issued in connection with the settlement will be subject to a statutory hold period expiring four months and one day after the date of issuance pursuant to National Instrument 45-102 (Resale of Securities), other than the settlement shares issued to creditors outside of Canada, which will be freely tradable pursuant to available exemptions.

The settlement and the issuance of the settlement shares remain subject to SOL Global entering into final agreements with each of the creditors, applicable securities law and the policies of the Canadian Securities Exchange.

Warrant repricing

The company further announces its intention to amend the terms of all of the company's outstanding common share purchase warrants to reduce the exercise price to 12 cents per common share, subject to compliance with the policies of the CSE including consent from warrantholders.

The repriced warrants were originally issued by the company as follows.

The respective expiry date of the repriced warrants after the warrant repricing will remain unchanged. Following the warrant repricing, if, at any time, the closing price of the shares, as quoted by the CSE, exceeds the amended exercise price by more than 25 per cent for 10 consecutive trading days, the expiration date of the repriced warrants will be accelerated to the date that is 37 days after the acceleration trigger. The proposed warrant repricing is subject to the consent of all the holders of the repriced warrants and the policies of the CSE. None of the repriced warrants are beneficially owned, directly or indirectly, by related parties of the company, and the repriced warrants are not listed on the CSE.

Holders of the repriced warrants may contact the company at info@solglobal.com should they have any questions or wish to exercise their repriced warrants. Subject to the warrant repricing becoming effective, the original certificate representing the repriced warrants, together with a duly completed exercise form, will be accepted together with payment made to SOL Global, in accordance with the instructions provided on the certificate representing the repriced warrants.

About SOL Global Investments Corp.

SOL Global is pioneering institutional investment in the Solana ecosystem. As one of the first publicly traded companies globally focused on Solana investment, SOL Global aims to provide unprecedented public exposure to the Solana blockchain through token acquisition, staking for yield generation and investments in early-stage ventures being built on Solana.

We seek Safe Harbor.