Mr. Mike Marrandino reports

MARBLE COMPLETES EARN-OUT PROVISION ON INVERITE VERIFICATION INC.

Marble Financial Inc. has completed the earnout on the purchase of Inverite Verification Inc.

The second year and final annual incremental revenue (AIR) earnout provision that was part of the Inverite Verification Inc acquisition which closed on April 12, 2021, has been met and that 2,907,011 shares have been issued to the seller at a deemed price of 23.5 cents per share. The shares will be legend based on the following release schedule.

• 20 per cent of the earnout shares after four months and one day from the date of issue;
• 10 per cent of the earnout shares after nine months from the date of issue;
• 15 per cent of the earnout shares after 14 months from the date of issue;
• 20 per cent of the earnout shares after 19 months from the date of issue;
• 35 per cent of the earnout shares after 24 months from the date of issue.

About Inverite Verification Inc.

Inverite, a Canadian open banking and consumer-directed finance provider, offers banking verification solutions to the financial services industry for income verification, credit decisioning, fraud reduction and know-your-client/anti-money laundering purposes. Inverite operates a cloud-based SaaS (software-as-a-service) platform such that its technology solutions can be integrated into customer systems. Inverite currently offers three SaaS services to customers, namely, Bank Verification, ID Verification and Confidence Scoring. Inverite can access data from 286 Canadian financial institutions and offers multiple application programming interfaces to access up to one year of user financial data in seconds for its bank verification service, and has plugins available for most popular e-commerce platforms, including WooCommerce and Shopify.

About Marble Financial Inc.

Marble Financial is a leading provider of software-as-a-service (SaaS) solutions that empower businesses to acquire and use real-time financial data to better transact with consumers, along with enabling smarter marketing ROI (return on investment) for partners seeking increased conversion rates to those consumers that require further monitoring, predictive financial recommendations and guidance to rehabilitate them to transact in the future. Utilizing Marble's proprietary and proven artificial intelligence data-driven technology platforms, Inverite, Accumulate.ai and MyMarble, businesses and consumers are empowered in real-time access to a 360 financial profile that includes credit and banking data. Marble leverages machine learning, artificial intelligence, predictive financial recommendations, risk scores and open-banking strategies to put the power of financial data into the hands of businesses and consumers, promoting more robust relationships and higher intent toward future engagements.

We seek Safe Harbor.