Mr. Patrick Collins reports

DATA WATTS PARTNERS INC. ANNOUNCES DELAY IN FILING AUDITED ANNUAL FINANCIAL STATEMENTS

The filing of Data Watts Partners Inc.'s audited annual financial statements for the year ended Dec. 31, 2025, including the related management's discussion and analysis, and chief executive officer and chief financial officer certifications, will not be filed by the required filing deadline of April 29, 2026.

The annual financial filings will not be filed before the filing deadline due to various unforeseen delays in the completion of the company's audit of the annual financial filings. The unforeseen delays are primarily due to the fact that the auditors require additional time to complete their audit due to the additional accounting tests and procedures, which are required by the auditor. Furthermore, a change in the company's CEO in 2026, together with a change in the company's auditor in 2026, has contributed to the delay.

The company's staff is working diligently with its auditor, and the company anticipates that it will be in a position to file the annual financial filings by May 27, 2026.

Pursuant to National Policy 12-203 (Management Cease Trade Orders), the company has voluntarily applied to the applicable securities regulatory authorities and received a management cease trade order related to the company's securities to be imposed against the chief executive officer and chief financial officer of the company to trade securities of the company. The MCTO will be in effect until the annual financial filings are filed.

All other securityholders will still be able to trade in the securities of the company in accordance with applicable securities laws. Until the annual financial filings are filed and the MCTO has been revoked, the company intends to continue to satisfy the provisions of the alternative information guidelines specified in NP 12-203 by issuing default status reports in the form of further press releases every two weeks.

The company confirms that there is no other material information relating to its affairs that has not been generally disclosed.