Dr. Muhammad Khan reports

SUPERQ QUANTUM ANNOUNCES BROKERED LIFE FINANCING FOR UP TO $3,000,000

SuperQ Quantum Computing Inc. has engaged Hampton Securities Ltd., as the sole lead agent and bookrunner, in connection with a commercially reasonable efforts offering of a minimum of 1,666,666 units at a price of $1.05 per unit for minimum gross proceeds of $1.75-million and a maximum of 2,857,142 units for maximum gross proceeds of up to $3-million.

Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional share at a price of $1.40 per share for a period of 36 months from the closing of the offering.

As part of the offering, the company has granted the agent an option, exercisable in whole or in part, at any time up to 48 hours prior to the closing date of the offering, to sell up to an additional 428,571 units at the offering price for additional gross proceeds of up to $450,000.

The company intends to use the net proceeds from the offering to obtain resources for quantum hardware development, including human resources, lab facilities, software and equipment, to conduct research and product development, and for the general working capital needs of the company.

The units will be offered pursuant to Part 5A of National Instrument 45-106, Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, to purchasers resident in Canada (other than the province of Quebec) and in other qualifying jurisdictions outside of Canada that are mutually agreed to by the company and the agent on a private placement basis pursuant to relevant prospectus and registration exemptions. The securities issued under the offering to Canadian subscribers will not be subject to a hold period pursuant to applicable Canadian securities laws.

There is an offering document related to the offering that can be accessed under the company's profile on SEDAR+ and on the company's website. Prospective investors should read this offering document before making an investment decision.

It is expected that closing of the offering will take place on or about Oct. 24, 2025. Closing of the offering is subject to certain conditions, including, but not limited to, receipt of all necessary regulatory approvals.

As consideration for its services, the agent will receive a cash fee equal to 7.0 per cent of the gross proceeds of the offering (including the agent's option). In addition, the company will issue to the agent that number of compensation options as is equal to 7.0 per cent of the aggregate number of units issued pursuant to the offering (including the agent's option). Each compensation option will entitle the agent to purchase one share at a price of $1.05 per share for a period of 36 months from the closing of the offering.

About SuperQ Quantum Computing Inc.

SuperQ Quantum is defining the next era of enterprise transformation, looking to emerge as a partner for global organizations seeking direct quantum and supercomputing ROI (return on investment) previously beyond reach. The company is looking to position itself as the trusted leader in quantum and supercomputing-powered problem-solving and optimization.

The company's flagship Super platform strives to make the most advanced computational power intuitive and accessible. This will empower executives, leading research institutions and critical government agencies to unlock immediate business impact across finance, health care, logistics, defence and beyond, leveraging the company's proprietary AI Autopilots to turn complex challenges into executive-ready results with one-click productization and deployment. SuperQ Quantum is headquartered in Canada with a growing international presence, particularly in the United States, the Middle East and Asia, strategically establishing Super Hubs in key regions.

We seek Safe Harbor.