Mr. Chris Yeung reports

UNIVERSAL DIGITAL INC. PROVIDES CURRENCY CLARIFICATION

Universal Digital Inc. wishes to clarify the currency denomination of certain amounts disclosed in its news release dated Jan. 28, 2026, relating to the termination of the senior secured convertible debenture financing with Helena Global Investment Opportunities 1 Ltd.

The senior secured convertible debentures extinguished pursuant to the termination agreement had an aggregate principal amount of $3,336,364 (Canadian). The non-convertible promissory note issued to Helena has a principal amount of $300,000 (U.S.), which was correctly disclosed in the prior news release.

Other than this currency clarification, there is no change to the substance or commercial terms of the transaction as previously disclosed. The termination agreement, promissory note and related pledge agreement remain unchanged and in full force and effect.

About Universal Digital Inc.

Universal Digital is a Canadian investment company focused on digital assets, businesses, and private and publicly listed entities that are involved in high-growth industries, with a particular focus on blockchain, cryptocurrencies and cryptocurrency technologies. The company aims to provide shareholders with long-term capital growth through a diversified investment approach and to participate in the transformation of global finance through the integration of digital asset strategies.

We seek Safe Harbor.