An anonymous director reports

ORION DIGITAL RECEIVES NASDAQ NOTIFICATION REGARDING MINIMUM BID PRICE DEFICIENCY

Orion Digital Corp., on June 25, 2026, received a written notification from the listing qualifications department of The Nasdaq Stock Market LLC, indicating that, for the last 30 consecutive business days, the bid price for the company's common shares had closed below the minimum $1-(U.S.)-per-share requirement for continued listing on the Nasdaq Stock Market under Nasdaq listing Rule 5550(a)(2).

The notification letter is only a notification of deficiency and has no immediate effect on the listing or trading of the shares and the shares will continue to trade on Nasdaq under the symbol ORIO. The shares are also listed on the Toronto Stock Exchange and the notification letter does not affect the company's compliance status with such listing.

In accordance with Nasdaq listing Rule 5810(c)(3)(A), the company has been provided an initial period of 180 calendar days, or until Dec. 22, 2026, to regain compliance. The letter states that the Nasdaq staff will provide written confirmation that the company has achieved compliance with Rule 5550(a)(2) if, at any time before Dec. 22, 2026, the bid price of the shares closes at $1 (U.S.) per share or more for a minimum of 10 consecutive business days.

The company intends to monitor the bid price of its shares between now and Dec. 22, 2026, and to evaluate its available options to regain compliance with Nasdaq's minimum bid price rule within the compliance period. If the company does not regain compliance with Rule 5550(a)(2) by Dec. 22, 2026, and it meets all other listing standards and requirements, the company may be eligible for an additional 180 calendar day compliance period, subject to determination by the staff of Nasdaq.

Orion Digital's business operations are not affected by the receipt of the notification letter and the company intends to resolve the deficiency and regain compliance with the Nasdaq listing rules.

About Orion Digital Corp.

Orion Digital operates digital wealth and payments infrastructure platforms generating recurring subscription and services revenue. Its Intelligent Investing platform provides digital wealth management solutions in Canada, and its wholly owned subsidiary, Carta Worldwide, provides issuer processing and payments infrastructure across Europe. The company also operates a consumer lending business with over 20 years of operating history that generates cash flow, and is managed with a focus on stability and risk control.

We seek Safe Harbor.