Mr. Jake Kalpakian reports

JACKPOT DIGITAL ANNOUNCES EXTENSION OF CONVERTIBLE DEBENTURE FINANCING

Jackpot Digital Inc., further to its news release dated April 7, 2026, expects to close the proposed convertible debenture financing by June 5, 2026.

Early warning report

Lyle Berman, through his revocable trust, advised that on May 26, 2026, he acquired securities of the company through the conversion of certain convertible debentures. Prior to the effective date, the acquiror had beneficial ownership, or exercised control or direction, both directly and indirectly over: (i) 46,818,828 common shares; (ii) 38,426,628 warrants entitling him to acquire 38,426,628 common shares at 10 cents per common share; (iii) convertible debentures of $696,750, entitling him to acquire 9.29 million common shares at 7.5 cents per share; and (iv) notes in the amount of $2,000,001. These holdings represented approximately 15.82 per cent of the then outstanding common shares of the company and 17.74 per cent of the outstanding warrants on an undiluted basis. Following the conversion of certain convertible debentures, the acquiror has beneficial ownership or exercises direction or control over, directly and indirectly: (i) 56,108,828 common shares; (ii) 38,426,628 warrants; and (iii) notes in the amount of $2,000,001. His aggregate holdings now represent approximately 18.38 per cent of the outstanding common shares of the company and 17.74 per cent of the outstanding warrants of the company.

The acquiror may acquire further common shares of, or dispose his holdings of common shares of, Jackpot through the conversion of convertible debentures, exercise of warrants or through the market, privately or otherwise, as circumstances or market conditions warrant.

This news release is being issued pursuant to National Instrument 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, and relates to the acquiror and the company, the head office of which is located at 575, 510 Burrard St., Vancouver, B.C., V6C 3A8, Canada. A copy of the early warning report can be obtained on SEDAR+ under the company's profile or by contacting Matthew Schofield at ms@bermancc.com.

About Jackpot Digital Inc.

A positive disruptor in the casino business, Jackpot Digital is the leading provider of electronic poker table games (ETGs), offering innovative gaming solutions to casinos worldwide. The company specializes in the development and deployment of dealerless multiplayer electronic poker ETGs, providing operators with efficient, cost-effective and revenue-generating alternatives to traditional live-dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings.

We seek Safe Harbor.