(via TheNewswire)

VANCOUVER, BC – August 13, 2026 – TheNewswire – Plaid Technologies Inc. (CSE: STIF) (OTC: STIFF) (FRA: 5QX0) (“ Plaid ” or the “ Company”) is providing an update on the status of the management cease trade order granted on July 30, 2026 (the “MCTO”) by the British Columbia Securities Commission under National Policy 12-203  Cease Trade Orders for Continuous Disclosure Defaults  (" NP 12-203 "). On July 30, 2026 the Company announced that, for the reasons disclosed in the news release, there would be a delay in the filing of its audited financial statements for the fiscal year ended March 31, 2026, accompanying management's discussion and analysis and related Chief Executive Officer and Chief Financial Officer certificates (collectively, the " Required Filings ") beyond the period prescribed under applicable Canadian securities laws (the “Default Announcement” ).

The Company and its auditor continue to work diligently and are committed to completing the filing as soon as practicable. The MCTO will be in effect until the Required Filings are completed.

During the MCTO, the general investing public will continue to be able to trade in the Company's listed common shares. However, the Company's Chief Executive Officer, Chief Financial Officer, and directors, will not be able to trade in the Company's common shares.

Other than as disclosed in this news release, there are no material changes to the information contained in the Default Announcement. The Company confirms that it intends to satisfy the provisions of NP 12- 203 and will continue to issue bi-weekly default status update for so long as the Required Filings remain outstanding.

About Plaid Technologies Inc.

Plaid Technologies Inc. is a Canadian advanced materials company focused on the development and commercialization of graphene-enhanced technologies, including applications in construction, energy, and industrial materials.  

On Behalf of the Board of Directors

"Paul Hughes"

Paul Hughes

Interim Chief Executive Officer

Telephone:  1-800-585-7517

Email: info@plaidtechnologiesinc.com

Website: https://www.plaidtechnologiesinc.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Certain information contained in this release constitute forward-looking statements or information under Canadian securities legislation. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "will", "expects", "anticipates" or variations of such words and phrases or statements that certain actions, events or results "will" occur. In particular, ‎forward-looking ‎statements in this release include statements regarding: the anticipated timing for the filing of the Annual Filings; and the ability of the Company to comply with the requirements of NP12-203. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including that the Annual Filings may not be completed in the time anticipated or allowed for by the MCTO, in which case a general cease trade order may be issued with respect to the Company's securities. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company cautions readers of this news release not to place undue reliance on the forward-looking statements contained in this release as many factors could cause actual results or conditions to differ materially from current expectations. Additional information on these and other risk factors that could affect the Company's operations are outlined in the Company's continuous disclosure documents that can be found on SEDAR+ ( www.sedarplus.ca ) under the Company's issuer profile. The Company does not intend and disclaims any obligation, except as required by law, to update or revise any forward-looking statements, whether because of new information, future events, or otherwise .

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