Mr. Scott Paterson, a shareholder, reports
G. SCOTT PATERSON ACQUIRES ADDITIONAL FUTR SHARES TRIGGERING EARLY WARNING REQUIREMENTS
Since G. Scott Paterson's initial press release on Dec. 5, 2025, regarding his ownership of The Futr Corp., he has acquired an additional 4,071,000 of common shares of The Futr at an average price of 25 cents per common share.
In addition to the 2.5 million units purchased in the 20-cent financing announced on May 22, 2026, Mr. Paterson has since acquired 1,571,000 common shares, paying between 20 cents to 25 cents for each common share. As a result, Mr. Paterson owns, directly or exercises control or direction over a total of 14,425,103 common shares of Futr, representing approximately 10 per cent on a non-diluted basis and 12.3 per cent on a partially diluted basis, assuming the exercise of 419,094 vested stock options and 4,097,826 warrants into common shares.
Mr. Paterson acquired control and direction of these Futr shares for investment purposes. Depending on market conditions and other factors, Mr. Paterson may from time to time acquire and or dispose of securities of Futr or may continue to hold his current position.
This news release is being issued as required by National Instrument 62-104 -- Take-Over Bids and Issuer Bids and relates to Futr, whose head office is located at 66 Wellington St. West, suite 4100, Toronto, Ont., M5K 1B7, and to Mr. Paterson. A copy of Mr. Paterson's early warning report, required to be filed by him in connection with his acquisition of control and direction over these shares of Futr, will be available on SEDAR+.
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