Mr. Charlie Aikenhead reports

SUPREME COURT OF BRITISH COLUMBIA GRANTS FINAL ORDER TO WONDERFI APPROVING ACQUISITION BY ROBINHOOD

The Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement under the Business Corporations Act (British Columbia), pursuant to which, among other things, Wrangler Holdings Inc., an indirect, wholly owned subsidiary of Robinhood Markets Inc., will acquire all of the issued and outstanding common shares in the capital of Wonderfi Technologies Inc. for 36 cents per share, and holders of broker warrants of the company will receive a cash amount per broker warrant equal to the Black-Scholes value of each broker warrant as of the business day prior to closing of the arrangement.

The company also advises that, on July 17, 2025, Robinhood received a no-action letter from the Canadian Competition Bureau, confirming that the Commissioner of Competition does not intend to make an application under Section 92 of the Competition Act (Canada) in respect of the arrangement.

Subject to the satisfaction or waiver, where permitted, of the remaining conditions to closing contained in the arrangement agreement entered into between the company, the purchaser and Robinhood dated May 12, 2025, including receipt of all final regulatory approvals necessary for the completion of the arrangement, it is anticipated that the arrangement will be completed by the parties in the second half of 2025. The company will provide additional updates with respect to the anticipated timing of the closing of the arrangement in future news releases.

Questions for depositary

Shareholders and holders of broker warrants who have questions or require assistance submitting their shares and/or broker warrants in connection with the arrangement may direct their questions to Computershare Investor Services Inc., which is acting as depositary in connection with the arrangement, at 1-800-564-6253 (toll-free in Canada and the United States) or 1-514-982-7555 (international direct dial) or by e-mail at corporateactions@computershare.com.

Further information regarding the arrangement is provided in the June 13, 2025, management information circular for the special meeting of securityholders held on July 17, 2025, at which the arrangement was approved by Wonderfi securityholders. The circular and the arrangement agreement are available in the company's public disclosure record available on its issuer profile on SEDAR+.

About Wonderfi Technologies Inc.

Wonderfi is a leader in centralized and decentralized financial services and products.

With over $1.7-billion in client assets under custody, Wonderfi's regulated trading platforms are well positioned to service crypto participants on a global scale with trading, payments and decentralized products, including purpose-built blockchains and non-custodial wallet applications.

Designed to provide investors with diversified investment exposure across the global digital asset ecosystem, the company has a proven record of launching new products and obtaining registrations. It is also the owner of market-leading brands, including Bitbuy, Coinsquare and Bitcoin.ca.

As the world continues to move on chain, Wonderfi is strategically placed to capture both market and wallet share through continuing innovation within the digital asset space.

We seek Safe Harbor.