Mr. Francisco Carasquero reports

FINTECHWERX AGREES TO ACQUIRE LENDING PLATFORM

Fintechwerx International Software Services Inc. has entered into an intellectual property and technology asset purchase agreement, dated July 6, 2026, with 1431575 B.C. Ltd. (the vendor), an arm's-length party, pursuant to which Fintechwerx has agreed to acquire certain technology from the vendor.

The technology, known as Ruby Loans, is a small and medium-sized business lending platform. Ruby Loans puts borrowers in control of initiating their credit inquiries and streamlines the loan origination process by automating many of the manual steps required to prepare small business loan files for approval. The platform combines processes and tools and is designed to take the application through a staged process from inquiry with input gathered from the borrower to the submission and evaluation of key documents, along with a financial and risk evaluation. The intended result is a quality loan enquiry being generated prior to the involvement of credit risk personnel.

As consideration for the purchase of the technology, Fintechwerx has agreed to pay an aggregate purchase price of up to $825,000 to the vendor as follows: (i) pay $100,000 in cash to the vendor on the closing date of the agreement, of which the company has paid a refundable deposit of $30,000 to the vendor with the remaining $70,000 to be paid on the closing date; (ii) issue 728,862 common shares in the capital of the company with a deemed price of 61.74 cents per share on the closing date; and (iii) pay up to an aggregate of $275,000 (the milestone amount) in tranches upon the successful completion of certain milestones and deliverables by allotting and issuing such number of shares equal to the applicable milestone amount. The number of shares to be issued for the milestone amount will be calculated by dividing the applicable milestone amount by the 10-day volume-weighted average price of the shares on the Canadian Securities Exchange for the 10 trading days immediately preceding the date on which the applicable milestone or deliverable is achieved, subject to any minimum price required by the policies of the CSE. In connection with the agreement, the company has agreed to commence discussions with Fred Zdan, the founder of Ruby Loans, to appoint Mr. Zdan as the executive chairman and chief executive officer of FinanceWerx Solutions Inc., a wholly owned subsidiary of Fintechwerx.

The acquisition represents another step in expanding the company's financial technology platform with complementary capabilities that support future growth, according to George Hofsink, chief executive officer of Fintechwerx.

"Ruby Loans adds an important capability to our broader vision of building intelligent financial infrastructure," says Mr. Hofsink. "Lending remains one of the most significant opportunities for financial institutions and lenders to improve efficiency, customer experience and decision making. By bringing Ruby Loans into the Fintechwerx ecosystem, we are adding proven loan origination technology that we believe can be further enhanced through our data, analytics and AI [artificial intelligence] initiatives."

Mr. Zdan, founder of Ruby Loans, adds that the ability to grow under the Fintechwerx umbrella provides an opportunity to further develop the platform and bring its lending technology to a broader market.

"I developed Ruby Loans to simplify what has traditionally been a complex and time-consuming lending process for both borrowers and lenders," says Mr. Zdan. "Joining Fintechwerx creates an opportunity to accelerate that vision by combining our lending expertise with a broader financial technology platform."

The transaction remains subject to the completion of customary conditions, including the receipt of all required corporate and regulatory approvals, including the approval of the CSE. All of the shares issued pursuant to the agreement will be subject to a customary hold period expiring on the date that is four months and one day following the date of issuance. Fintechwerx anticipates completing the transaction in the coming weeks.

About Fintechwerx International Software Services Inc.

Fintechwerx is a Canadian financial technology company providing onboarding, payments, identity verification, fraud mitigation and data services to merchants, independent sales organizations and payment service providers, offering an alternative to the need for a patchwork of providers.

We seek Safe Harbor.