Mr. Doug Harris reports

SOL STRATEGIES JUNE 2026 MONTHLY BUSINESS UPDATE

Sol Strategies Inc. today shared a corporate update for the month of June, 2026.

Houdini Swap: Sol Strategies closed the Houdini Swap acquisition on June 1, 2026. On June 18, 2026, Sol Strategies announced that Houdini Swap was integrated with Jumper, the multichain aggregation app that processes more than $1-billion in monthly volume. Houdini Swap is now integrated into a distribution network spanning partners that collectively claim tens of millions of registered users.

Houdini Swap/Jumper integration: The integration is now live, and Jumper users can perform Swap, Bridge and Receive transactions privately, directly on jumper.xyz, powered by Houdini's API (application programming interface). Jumper is built on LI.FI's routing infrastructure, which aggregates 20-plus bridges and 30-plus DEXs and aggregators across 60-plus chains.

Treasury management: On June 8, 2026, Sol Strategies announced that it settled approximately $5.75-million of debt through the sale of 65,001 SOL at an average price of $87.88 per SOL. The decision reflected a deliberate approach to capital and risk management during a period of market volatility. The company manages its balance sheet actively in service of its operating business, and the improved balance sheet positions the company to focus fully on its operating businesses heading into the second half of 2026. As of June 30, 2026, the company's treasury held 460,017 SOL (approximately $50.6-million).

Non-solana validator wind-down: During June, the company wound down its non-Solana validators on the Sui and Monad networks. These validators were not material to revenue and the decision reflects the company's continued focus on its solana infrastructure and privacy technology businesses.

Houdini Swap operations:

Houdini Swap, the company's wholly owned, non-custodial, privacy-focused cross-chain swap aggregator, completed its first full month of operations within Sol Strategies following the June 1 acquisition close.

• Cumulative swap volume (since launch): over $2.7-billion (U.S.);
• Cumulative swap count: over 1.1 million swaps;
• Swap volume June: over 65 million in volume over 34,000 swaps.

STKESOL liquid staking platform:

• Total SOL staked in STKESOL: 646,528 SOL;
• Unique STKESOL holders: 1,336.

Validator network operations:

• Assets under delegation (AuD): 3,468,602 SOL (including treasury stake, liquid stake and third party delegation);
• Unique wallets served: 33,106;
• Validator uptime: 100 per cent across all proprietary solana validators;
• Peak APY delivered: 5.84 per cent vs. 5.53 per cent network average;
• Net SOL earned in June from proprietary validators: 661 SOL.

Company treasury holdings:

• Total treasury SOL (including liquid staked SOL): 460,017 SOL (approximately $50.6-million).

Management commentary

Michael Hubbard, chief executive officer of Sol Strategies, stated: "A year ago we were a validator business. Today, we've got validators, a liquid staking token, institutional staking clients and a privacy infrastructure business doing real revenue. June was the month where all of that started operating under one roof in a way that felt clean. The balance sheet is lighter, the team is focused on solana and every part of the business feeds the others. We're in a genuinely different position heading into the final quarter of our financial year."

Transition to event-driven communications: This is the final monthly business update from Sol Strategies. The company will continue to issue press releases, quarterly earnings and ad-hoc updates as developments occur. All filings and materials remain available at the company's website, on SEDAR+ and on EDGAR.

Upcoming investor events

H.C. Wainwright 28th Annual Global Investment Conference:

• Date: Sept. 14 to Sept. 16, 2026;
• Location: New York.

About Sol Strategies Inc.

Sol Strategies is a digital asset infrastructure company focused on high performance blockchain and privacy technologies. Headquartered in Toronto, the company operates staking infrastructure and privacy technology on public blockchain networks, serving a broad range of participants from individual SOL holders to institutional clients.

We seek Safe Harbor.