Mr. Mario Beaulieu reports

GEEKCO CLOSES A SHARES FOR DEBT

Geekco Technologies Corp. closed, as of today, the settlement into 16,247,733 common shares at a price of 12 cents each of the outstanding principal amounts of its convertible debentures for $1.72-million held by 11 creditors and their respective accrued and unpaid interests until May 6, 2026, which amounted to $229,728.77, for an aggregate amount of $1,949,728.77. Each issued common share is subject to a four-month-and-one-day resale restriction period from the closing of the SFD (shares for debt). The SFD, previously announced on April 7, 2026, and May 6, 2026, is subject to the final approval of the TSX Venture Exchange and any other applicable regulatory approvals.

The principal amounts and accrued and unpaid interests as of the meeting date on the debentures directly or indirectly held by Henri Harland and Xavier Harland, each being owner of more than 10 per cent of the corporation's securities on a diluted or undiluted basis, as the case may be, amounted to $588,561.64 and $27,952.05, respectively, and were settled into 4,904,680 common shares and 232,933 common shares, respectively. Following the closing of the SFD: (i) the direct or indirect shareholding of Henri Harland increased by approximately 1.4 per cent to reach approximately 19.9 per cent on an undiluted basis (and decreased by approximately 0.9 per cent to reach approximately 21.2 per cent on a partly diluted basis); and (i) the direct or indirect shareholding of Xavier Harland decreased by approximately 0.5 per cent to reach approximately 5.5 per cent on an undiluted basis (and decreased by approximately 1.1 per cent to reach approximately 8.9 per cent on a partly diluted basis). SFD with Henri Harland and Xavier Harland are related party transactions as defined under Multilateral Instrument 61-101 and are exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as the corporation's securities are listed on the TSX-V and the fair market value of any security issued to, or the consideration paid, as it involves interested parties, does not exceed 25 per cent of the corporation's market capitalization. The corporation did not file a material change report pertaining to the insider's interest more than 21 days before the closing of the SFD, as the details of this insider's participation had not been confirmed at that time. The board members of the corporation unanimously reviewed the state of the financial market and determined that the terms and conditions of the SFD, including the subscription of the related party, were fair and equitable and represented the best strategic financing option available. In addition, neither the corporation nor the said related party has knowledge of any material information concerning the corporation or its securities that have not been generally disclosed.

About Geekco Technologies Corp.

Geekco is at the forefront of innovative technology solutions that are reshaping modern marketing while driving economic activity across cities and neighbourhoods by connecting consumers and businesses like never before. Its TellMe application allows users to discover nearby businesses in real time through an interactive map, access promotions and exclusive offers, and explore employment opportunities. For businesses, it provides a powerful platform to boost visibility, drive foot traffic, gather actionable data and measurable insights, and recruit future employees-all within a single, integrated application.