Mr. Ted Hastings reports

IONIK ANNOUNCES 30-DAY EXTENSION OF SENIOR DEBT FACILITY

Ionik Corp. has received a 30-day extension from its senior lenders under the company's syndicated debt facility. The maturity date of the syndicated debt facility has been extended from May 25, 2026, to June 25, 2026. The extension provides the company with additional time to continue discussions regarding a longer-term financing solution.

The company is actively engaged in the process of securing a new syndicated debt facility to replace the existing syndicated debt facility. In connection with the new facility, the company intends to undertake a comprehensive debt reorganization to address legacy acquisition-related indebtedness, amend debt instruments and accrued obligations, simplify the company's capital structure, and improve its overall financial position. The company will announce additional details relating to the new facility and debt reorganization in due course.

"We appreciate the continued support of our senior lenders and the constructive engagement we have had throughout this process," said Ted Hastings, chief executive officer of Ionik. "This short-term extension provides additional time to continue working toward a longer-term financing solution while we remain focused on operating the business and executing our strategic priorities."

About Ionik Corp.

Ionik, a Tier 1 issuer on the TSX Venture Exchange, with shares also trading on the OTCQB Venture Market, is a technology-driven marketing and advertising solution company that helps brands, advertisers and publishers connect with their audiences through data-driven insights and advanced automation. By leveraging its extensive suite of integrated marketing technology, creative expertise and proprietary first party data, Ionik optimizes the entire customer acquisition and retention journey.

The company's platform unites media activation and marketing optimization through its artificial-intelligence-powered data engine to create a seamless advertising ecosystem, helping businesses efficiently source, retain and monetize their customers.

We seek Safe Harbor.