Mr. Paul Andreola reports

NAMESILO TECHNOLOGIES CORP. ENTERS INTO DEFINITIVE SHARE PURCHASE AGREEMENT TO ACQUIRE REACH SYSTEMS, INC.

Namesilo Technologies Corp. has entered into a definitive share purchase agreement dated Feb. 5, 2026, with Reach Systems Inc. and the shareholders of Reach Systems whereby the company has agreed to acquire Reach Systems, which is a Canadian-based engineering and manufacturing firm specializing in the design and assembly of remote inspection equipment, cable/tether management systems, and underwater/subsea camera and winch solutions.

"Reach Systems brings significant robotics and autonomous platform exposure to a growing number of industrial applications in oil and gas, petrochemical, national defence, subsea, and marine-related markets. Reach Systems also offers immediate synergies to SewerVue, a pioneer in large-diameter pipe inspection technologies. The acquisition of Reach will allow us to offer best-in-class, vertically integrated multisensor products and services for remote and challenging applications," commented Paul Andreola, chief executive officer of Namesilo Technologies. "We look forward to working with the accomplished team at Reach Systems and helping to bring their world-class products to market."

Terms of the transaction

Under the terms of the share purchase agreement, the company will acquire all of the issued and outstanding shares of Reach Systems and, in consideration of which, the company will pay a total purchase price of $4.5-million as follows: (a) issuance of 1,939,168 common shares at a price of $1.7335 per share for a total value of $3,361,547; (b) payment of $978,699; and (c) repayment of outstanding shareholder loans of $159,753. The company's shares issued as consideration will be subject to a hold period of four months and one day from the date of issuance.

The purchase price of the transaction was determined by arm's-length negotiations of the parties. None of the insiders of Namesilo have a relationship with the insiders of Reach Systems. Closing of the acquisition of Reach is subject to satisfaction of customary conditions set forth in the share purchase agreement.

About Namesilo Technologies Corp. and Namesilo LLC

Namesilo Technologies invests its capital in companies and opportunities which management believes are undervalued and have potential for significant appreciation. The company makes investments in both public and private markets and focuses on opportunities in a wide variety of industries excluding the resource and resource service sectors. Namesilo does not invest on behalf of any third party and it does not offer investment advice.

Namesilo LLC is a low-cost provider of domain name registration and management services. As an accredited ICANN registrar, Namesilo is one of the fastest-growing domain registrars in the world with approximately 6.1 million active domains under management from approximately 160 countries.

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