Mr. Paul Pathak reports

WONDERFI ANNOUNCES EXTENSION TO THE OUTSIDE DATE FOR ROBINHOOD TRANSACTION

Wonderfi Technologies Inc. has entered into an amending agreement to the arrangement agreement dated May 12, 2025, with Robinhood Markets Inc., providing for, among other things, an extension to the outside date for completion of the proposed indirect acquisition by Robinhood of all the issued and outstanding common shares in the capital of Wonderfi to June 1, 2026.

As previously disclosed, Wonderfi and Robinhood have advanced planning for postclosing integration to facilitate Robinhood's deployment of its proprietary technology in Canada. The amendment provides the additional time that is required for the parties to complete the integration enhancements that require additional development work and regulatory approval.

"Our excitement for the transaction with Robinhood remains unwavering as we usher in a new era of democratized finance in Canada. The amendment provides a clear path for Wonderfi and Robinhood to advance integration enhancements and regulatory approval as we work toward closing in the first half of 2026," said Paul Pathak, chair of the special committee.

"Robinhood remains committed to advancing our mission in Canada with Wonderfi. We look forward to delivering innovative, user-centric crypto products to Canadian customers," said Johann Kerbrat, senior vice-president and general manager of Robinhood Crypto.

Wonderfi continues to anticipate a closing 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 (as amended by the amendment).

About Wonderfi Technologies Inc.

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

With over $2.2-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.