Mr. Gord Breese reports

KATIPULT APPOINTS BETH SHAW AS CEO AND ANNOUNCES BOARD RESIGNATION

Katipult Technology Corp. has appointed of Beth Shaw as its new chief executive officer, effective immediately.

Ms. Shaw is an accomplished executive, board director and capital market professional with over 30 years experience in syndication and equity capital markets, having held senior executive positions at both bank-owned and independent investment dealers. She has been serving as a strategic adviser to Katipult since February, 2024. Her extensive experience and proven leadership in the capital markets will be invaluable as Katipult continues to build out its product offerings serving investment dealers, wealth management firms, private equity funds and other financial services companies.

"I am very excited to be joining the Katipult team, " said Ms. Shaw. "I believe Katipult has a great business model and talented management team that uniquely positions it to capitalize on a continuously changing and increasingly competitive investment industry. As the industry continues to evolve, strategic technology adoption remains ever more important. I believe Katipult is in a position to provide a cost-effective and timely suite of services to help the investment community optimize workflows and enhance service delivery to wealth and asset managers, institutional investors and corporate clients."

As part of her compensation, Ms. Shaw has been granted options for three million shares in the Company at an exercise price of five cents and vesting over 3 years.

Together with Ms. Shaw's appointment, Katipult also announced that chief executive officer Gord Breese will be stepping down from his role. The company is grateful for Mr. Breese's leadership and dedication throughout his tenure. His guidance has been instrumental in pursuing the company's enterprise customer segment, and Katipult appreciates his contributions to the business.

Additionally, Brian Craig, chairman of the board, has announced his resignation. The company appreciates Mr. Craig's insights and steady leadership during his time with Katipult, and the company extends its best wishes for his future endeavours.

About Katipult Technology Corp.

Katipult is a provider of industry-leading and award-winning software infrastructure for powering the exchange of capital in equity and debt markets. The company's cloud-based platform and solutions digitize investment workflow by eliminating transaction redundancy, strengthening compliance, delighting investors and accelerating deal flow. Katipult provides unparalleled adaptability for regulatory compliance, asset structure, business model and localization requirements.