Mr. Wade Dawe reports

TORRENT CAPITAL REPORTS YEAR END 2025 FINANCIAL RESULTS AND NET ASSET VALUE (NAV)

Torrent Capital Ltd. today released its audited financial results for the year ended Dec. 31, 2025. The company reported a net asset value (NAV) of $32.5-million, or 85 cents per share at Dec. 31, 2025.

Q4 and year-end 2025 financial highlights (audited)

• Net asset value: $32.5-million or 85 cents per share (2024 -- $20.3-million or 80 cents per share);
• Realized investment gains: $1.6-million in net realized gains for the year ended Dec. 31, 2025, equivalent to 12 cents per share (2024 $100,000 or one cent per share);
• Realized digital asset gains: $1.5-million in net realized gains for the year ended Dec. 31, 2025, equivalent to four cents per share;
• Earnings per share: 10 cents per share for the year ended Dec. 31, 2025 (2024 -- 18 cents);
• Cash and cash equivalents: $1.7-million as at Dec. 31, 2025 (2024 -- $1.7-million);
• Performance drivers: The change in NAV during the fourth quarter reflects portfolio activity, including the realization of gains on certain investments and digital assets, alongside short-term valuation movements across the investment portfolio during a period of broader market volatility and year-end rebalancing activity;
• Active portfolio management: The company continued its portfolio optimization efforts by realizing gains on investments that had reached their targeted upside and exiting underperforming holdings.

"Our audited results for 2025 reflect continued execution of our portfolio management and capital deployment strategy," said Wade Dawe, chief executive officer of Torrent Capital. "During the year, we realized gains across a number of investments and digital assets while continuing to reposition the portfolio. We remain focused on maintaining exposure to high-quality opportunities while navigating evolving market conditions."

NAV per share and all per-share figures are calculated based on common shares outstanding at the applicable reporting dates. The number of common shares outstanding may vary between periods.

Cautionary note on financial results

The financial figures presented in this release are derived from the audited financial statements for the year ended Dec. 31, 2025. Readers are advised to review the company's audited financial statements and management's discussion and analysis (MD&A), which have been filed on SEDAR+.

About Torrent Capital Ltd.

Torrent Capital is a publicly traded investment issuer that actively manages a portfolio of public equities and private investments. The company invests in companies that are due to experience accelerated growth or are trading at a discount to their intrinsic value. Torrent offers investors the potential to earn above-market returns while providing transparency, daily liquidity and a modest fee profile compared with competing investment products.

We seek Safe Harbor.