Mr. Jeff Morgan reports

AMERITRUST ANNOUNCES SECOND QUARTER 2026 FINANCIAL RESULTS

Ameritrust Financial Technologies Inc. has filed its interim consolidated financial statements and management's discussion and analysis (MD&A) for the three and six months ended June 30, 2026. These documents are available under the company's profile on SEDAR+.

Cash on hand at June 30, 2026, was $36,353,194 compared with $36,968,923 at Dec. 31, 2025. The company had a working capital surplus of $24,480,817 on June 30, 2026.

The total revenue for the second quarter of 2026 increased 62 per cent compared with Q1 2026 and increased 109 per cent compared with Q2 2025. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) loss for the second quarter of 2026 narrowed by 18 per cent as compared with Q1 2026. The adjusted EBITDA year-over-year comparison is explained in more detail in the management discussion and analysis.

During the second quarter of 2026 Ameritrust received 1,285 applications representing approximately $67-million in potential funding opportunities, approved or conditionally approved 126 consumer applications, and financed 55 lease contracts. The weighted average credit score of financed customers in the second quarter was 737, the weighted average contract rate was 9.02 per cent, and the weighted average net capitalized cost (amount financed) of the lease contracts was $115,593.

Total financed contracts increased sequentially each month during the quarter, with lease origination income increasing from $101,985 in Q1 2026 to $330,515 in Q2 2026. The total contracted cash flows associated with the financed contracts increased from $1,783,472 in Q1 2026 to $5,522,646 in Q2 2026, over the terms of the respective leases.

The total contracted cash flows associated with all financed contracts in Q1 and Q2 2026 is approximately $7,306,118, over the terms of the respective leases.

Jeff Morgan, chief executive officer of Ameritrust, commented:

"I am pleased to report that the Ameritrust executive team continues to execute our business strategy while exceeding expectations across several key initiatives.

"Our current priorities and accomplishments include:

1. "Expanded funding capacity: The executive team is actively engaged in discussions with multiple national financial institutions to expand our funding capacity while retaining servicing rights, positioning Ameritrust to support our anticipated growth in lease originations.
2. "Sales team expansion: We are significantly expanding our sales organization through the full rollout to Military AutoSource and the remaining 18 AutoSavvy locations. We now have 12 dealer representatives covering key markets, including Dallas, Fort Worth, Houston, Oklahoma, Jacksonville, Miami, Las Vegas, Phoenix, San Diego, Michigan, New Jersey, New York, Alabama and additional Arizona markets.
3. "Remarketing operations: Ameritrust Auto is negotiating brick-and-mortar locations to support the remarketing of off-lease vehicles, creating additional opportunities to enhance portfolio performance and reduce net cumulative loss.
4. "Technology and innovation: Our technology teams are developing and integrating proprietary AI and machine learning solutions that will improve operational efficiency, increase accuracy, enhance decision-making and support our continued nationwide expansion.
5. "Servicing platform: Ameritrust Serves has successfully onboarded all lease customers to our customized servicing platform and has achieved full in-house servicing capabilities, providing greater operational control and an enhanced customer experience.

"Year-to-date performance continues to validate our strategy. Ameritrust originated as much business in June and July as it did during all the prior months combined. July originations increased 38 per cent over June, reflecting strong dealer demand and continued market momentum. We remain disciplined in managing originations to align with our high-prime portfolio objectives while positioning the company for sustainable, profitable growth."

About Ameritrust Financial Technologies Inc.

Ameritrust Financial Technologies, listed on the TSX Venture Exchange, OTCQB and Frankfurt markets, is a finance solution and fintech provider disrupting the automotive industry. Ameritrust's integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers and funders. Ameritrust's platform is being made available across the United States.

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