Mr. Jim Rakievich reports

MCCOY GLOBAL ANNOUNCES SUCCESSFUL CLOSE OF US$10.0 MILLION CREDIT FACILITY

McCoy Global Inc. has closed a new $10.0-million (U.S.) asset-based revolving credit facility with a leading U.S. Schedule I international banking institution as administrative agent and lender. The ABL facility provides enhanced liquidity and financial flexibility to support working capital requirements, reduces financing costs and replaces the corporation's previous revolving credit facility with a Canadian chartered bank, which was fully repaid and terminated in second quarter 2026. No amounts are currently drawn under the ABL facility.

"This new ABL facility significantly enhances our financial flexibility and positions McCoy Global to support ongoing operational and strategic execution while navigating a dynamic market environment," said Jim Rakievich, president and chief executive officer. "Importantly, the facility supports our strategy without increasing leverage today as we have no amounts drawn, and it reflects the strength of our balance sheet and the confidence of a global financial institution."

"From a financial perspective, the ABL structure provides attractive availability, covenant transparency and alignment with the working capital dynamics of our business," said Lindsay McGill, chief financial officer. "With the full repayment of our prior Canadian credit facility in early Q2 and no current drawings on the ABL, we have materially improved our liquidity position by increasing committed borrowing capacity while maintaining a conservative financial profile and lowering our overall financing costs."

The ABL facility has a three-year term and is available to McCoy Global Inc. and McCoy Global USA Inc. The facility is secured by a first-priority lien on substantially all assets of the borrowers and related guarantors. Availability under the facility is determined by an asset-based borrowing formula primarily driven by eligible accounts receivable, with inventory also eligible for inclusion in the borrowing base for up to 12 months following closing, subject to a scheduled stepdown and customary eligibility criteria. Borrowings under the facility bear interest at variable rates based on secured overnight financing rate or Canadian overnight repo rate average, as applicable, plus an applicable margin ranging from 1.75 per cent to 2.25 per cent per annum, depending on the corporation's average excess availability, together with an undrawn commitment fee ranging from 0.35 per cent to 0.45 per cent per annum. In addition, the ABL facility includes customary affirmative and negative covenants, reporting requirements, and collateral monitoring provisions consistent with asset-based lending structures of this nature.

About McCoy Global Inc.

McCoy Global is transforming well construction using automation and machine learning to maximize wellbore integrity and collect precise connection data critical to the global energy industry. The corporation has offices in Canada, the United States and the United Arab Emirates, and operates internationally in more than 50 countries through a combination of direct sales and key distributors.

Throughout McCoy's 100-year history, it has proudly called Edmonton, Alta., Canada, its corporate headquarters. The corporation's shares are listed on the Toronto Stock Exchange and trade under the symbol MCB.

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