Mr. Charlie Aikenhead reports

WONDERFI REPORTS Q3 2025 RESULTS

Wonderfi Technologies Inc. has released its financial results for the three months ended Sept. 30, 2025. All financial references are in Canadian dollars unless otherwise noted.

Key Q3 (third quarter) financial highlights:

• Achieved approximately $11.7-million in revenue and interest income in Q3 2025, representing a 47.5-per-cent increase when compared with Q3 2024;
• Bitbuy and Coinsquare surpassed $2.3-billion in client assets under custody as of Sept. 30, 2025;
• When removing non-cash items such as share-based payments and depreciation and amortization, Wonderfi achieved positive adjusted EBITDA (earnings before interest, taxes, depreciation and amortization), compared with a loss during the same period in 2024;
• Bitbuy and Coinsquare launched six new tradeable assets, which resulted in $13.7-million of incremental trading volume.

Subsequent to Q3

On Nov. 10, 2025, the company announced that Robinhood Markets Inc. exercised its right to extend the outside date for the completion of its indirect acquisition of all of the issued and outstanding common shares in the capital of Wonderfi to Dec. 19, 2025. As previously disclosed, due to the fact that certain of the integration enhancements require additional development work and regulatory approval, Wonderfi anticipates that the transaction will close in the first half of 2026, subject to the satisfaction or waiver of the remaining conditions to closing of the transaction as set forth in the arrangement agreement dated May 12, 2025. The parties are discussing an amendment to the arrangement agreement that Wonderfi expects will, subject to final agreement, further extend the outside date of the transaction to allow for the additional time required to close the transaction.

Access to financial statements and management's discussion and analysis

Complete financial statements along with related management's discussion and analysis can be found on SEDAR+.

About Wonderfi Technologies Inc.

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

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.