Mr. David Reid reports

D-BOX TECHNOLOGIES ANNOUNCES NORMAL COURSE ISSUER BID

The Toronto Stock Exchange has accepted D-Box Technologies Inc.'s notice of intention to make a normal course issuer bid (NCIB).

The NCIB will commence on March 27, 2026, and will terminate on March 26, 2027, or such earlier date as the corporation may complete its purchases pursuant to the notice of intention filed with the TSX. Under the NCIB, the corporation is authorized to purchase up to 20,960,088 Class A common shares (out of the 222,939,072 Class A common shares outstanding as at March 20, 2026), representing approximately 10 per cent of the corporation's public float of 209,600,883 Class A common shares as at March 20, 2026, by way of normal course purchases effected through the facilities of the TSX and/or alternative Canadian trading systems. Daily purchases on the TSX will be limited to a maximum of 193,502 Class A common shares, representing 25 per cent of the average daily trading volume on the TSX for the six months ended Feb. 28, 2026 (being 774,009 Class A common shares), except where purchases are made in accordance with the block purchase exception of the TSX rules. All Class A common shares purchased by the corporation under the NCIB will be cancelled.

In deciding to establish the NCIB, the corporation believes that the market price of the Class A common shares may not, from time to time, fully reflect their underlying value and accordingly the purchase of the Class A common shares would be in the best interests of the corporation. The corporation maintains a strong cash position, and the board of directors of D-Box believes that the repurchase of shares for cancellation is an attractive and effective use of available capital to enhance long-term shareholder value.

Purchases will be made by the corporation in accordance with the requirements of the TSX and the price which the corporation will pay for any such Class A common shares will be the market price of any such Class A common shares at the time of acquisition. The actual number of Class A common shares that may be purchased under the NCIB and the timing of any such purchases will be determined by the management of the corporation, subject to applicable securities laws and TSX rules. The corporation may elect to suspend or discontinue repurchases of Class A common shares at any time, in accordance with applicable laws. There can be no assurances that any such purchases of Class A common shares under the NCIB will be completed.

The corporation will enter into an automatic securities purchase plan (ASPP) with its designated broker to facilitate purchases of its Class A common shares during periods when the corporation would ordinarily be restricted from purchasing its securities due to regulatory restrictions or under its insider trading policies. The ASPP will constitute an automatic plan for purposes of applicable Canadian securities legislation and has been precleared by the TSX.

The corporation has not purchased any of its securities under a normal course issuer bid within the past 12 months.

About D-Box Technologies Inc.

D-Box Technologies is a global leader in haptic technology, delivering immersive motion experiences that engage the body and spark the imagination. The company's patented systems synchronize motion, vibration and texture with on-screen content, enhancing storytelling across various platforms. With over 25 years of innovation, D-Box's solutions are utilized in movie theatres, sim racing, and simulation and training. Headquartered in Montreal, Canada, with offices in Los Angeles, D-Box continues to redefine how audiences experience media worldwide.

We seek Safe Harbor.