Mr. Thomas Caldwell reports

URBANA CORPORATION ANNOUNCES ADDITIONAL INVESTMENT IN TETRA DIGITAL GROUP TO DEVELOP AND LAUNCH CANADA'S FIRST CANADIAN DOLLAR-BACKED STABLECOIN

Urbana Corp. has made an additional investment of $3.5-million in Tetra Digital Group Inc., Canada's leading institutional digital technology and financial service provider, by participating in Tetra's recent round of equity financing, which closed on Sept. 4, 2025. Urbana holds a majority equity interest in Tetra.

Tetra raised a total of $10-million in this new financing. The participants in this new financing included leading Canadian fintechs and financial service providers Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank and Shopify.

Tetra will use part of the proceeds from the new financing to develop, in partnership with the strategic partners, a Canadian-dollar-pegged stablecoin, which will leverage Tetra's institutional-grade custody infrastructure to provide businesses and consumers with a stable, secure and fully compliant digital currency backed one for one by Canadian-dollar reserves.

This marks the first time in Canada that a regulated financial institution will work toward issuing a stablecoin. The approach will create a reliable, institutional-grade solution for Canadian-dollar payments and remittances at scale, which aligns with the approach taken by other G7 countries and maintains the highest standards of Canadian regulatory compliance and consumer protection.

Tetra aims to launch this stablecoin as Canada's first fiat-backed stablecoin in 2026.

"Today marks a pivotal moment for Canadian financial innovation," said Didier Lavallee, chief executive officer of Tetra Digital Group. "By bringing together many of Canada's most trusted financial institutions and companies, we are not just launching a stablecoin. We're supporting homegrown solutions, built by Canadians, for Canadians and ensuring we maintain economic sovereignty."

"Urbana Corp., as a significant shareholder of Tetra Digital Group, is extremely optimistic about this exciting new initiative both for the company and Canada as a whole," said Thomas S. Caldwell, CM, chairman of Urbana.

Urbana originally took a small position in Tetra Trust Company in 2021 and increased its holdings in the company to a majority position in April, 2025. In May, 2025, through a reorganization, the company became a wholly owned subsidiary of Tetra Digital. Immediately after the reorganization, Urbana's ownership interest in Tetra Digital remained the same as its ownership in Tetra Trust Company immediately before the reorganization.

About Urbana Corp.

Urbana is a diversified corporation with a focus on financial services, information services and innovative technologies. The long-term goal of Urbana is to seek and acquire investments for income and capital appreciation through a combination of public and private investments. The portfolio mix of actively managed publicly traded securities with private equity investments has generated significant long-term investment results.

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