Mr. Brian Viveiros reports

STACK CAPITAL GROUP INC. CLOSES BEST EFFORTS FINANCING FOR TOTAL GROSS PROCEEDS OF $8,750,000

Stack Capital Group Inc. has closed its previously announced best efforts private placement, pursuant to which the company issued 466,666 units at a price of $18.75 per unit for gross proceeds of $8.75-million.

The LIFE (listed issuer financing exemption) offering was led by Canaccord Genuity Corp., as lead agent and sole bookrunner, together with a syndicate of agents, including Raymond James Ltd., TD Securities Inc. and RBC Capital Markets, as co-lead managers, and Wellington-Altus Private Wealth Inc., CIBC World Markets Inc., National Bank Financial Inc., Scotia Capital Inc. and Ventum Capital Markets.

The previously announced concurrent private placement is expected to close on or about April 10, 2026, or such other dates as may be agreed to by the company and the lead agent. The company obtained conditional approval from the Toronto Stock Exchange for the listing of the unit shares, warrants and warrant shares (each as defined below) under the LIFE offering subject to final approval of the TSX. The warrants will be listed under the symbol STCK.WT.C and are expected to commence trading on the TSX on April 1, 2026.

Each unit consisted of one common share and one-fourth of one common share purchase warrant of the company. Each warrant entitles the holder thereof to acquire one common share for a period of 24 months following the date hereof at an exercise price of $23 per warrant share, subject to adjustment in certain events.

The LIFE offering was made to purchasers resident in certain provinces of Canada pursuant to the listed issuer financing exemption from the prospectus requirement under Part 5A of National Instrument 45-106, Prospectus Exemptions, and Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, of the Canadian Securities Administrators. Upon closing of the LIFE offering, the unit shares and warrants offered under the LIFE are immediately freely tradeable under applicable Canadian securities legislation.

The net proceeds of the LIFE offering will be used for investments in accordance with the company's investment principles and general corporate and working capital purposes.

At the closing of the LIFE offering, the company paid to the agents a cash fee equal to 5.0 per cent of the gross proceeds raised in connection with the LIFE offering. The company also paid the lead agent a corporate finance fee equal to $100,000 at the closing of the LIFE offering.

About Stack Capital Group Inc.

The company is an investment holding company, and its business objective is to invest in equity, debt and/or other securities of growth-to-late-stage private businesses. Through the company, shareholders have the opportunity to: gain exposure to a diversified private investment portfolio; participate in the private market; and have liquidity due to the listing of the common shares on the TSX. At the same time, the public structure also allows the company to focus its efforts on maximizing long-term performance through a portfolio of high-growth businesses, which are not widely available to most Canadian investors. SC Partners Ltd. acts as the company's administrator, and is responsible to source and advise with respect to all investments for the company.

We seek Safe Harbor.