Mr. Colin Frost reports

CREDISSENTIAL PROVIDES BI-WEEKLY STATUS UPDATE ON MCTO

Credissential Inc. has provided this biweekly status update in accordance with National Policy 12-203, Management Cease Trade Orders.

As previously announced on Oct. 29, 2025, the company applied for and was granted a management cease trade order (MCTO) by the Alberta Securities Commission (ASC), as principal regulator, due to a delay in the filing of its audited annual financial statements, the accompanying management's discussion and analysis, and the related chief executive officer and chief financial officer certifications for the fiscal year ended June 30, 2025.

The MCTO remains in effect and prohibits trading in securities of the company by the CEO and CFO until the annual filings are made and the MCTO is lifted. The company's shares remain freely tradable by the general investing public.

As disclosed in the company's initial default announcement, completion of the audit has taken longer than anticipated due to the complexity of the company's fiscal year, which included the consolidation of two acquisitions and accounting for convertible note financings. These items introduced additional audit procedures relating to purchase price allocations, fair value assessments and financial instrument accounting.

Further to recent correspondence with the ASC, the company would like to provide additional clarity regarding its internal accounting transition. Earlier this year, Credissential transitioned its day-to-day accounting work from its previous accounting firm to Cavalry Advisory Group. While the company's auditor, Kenway Mack Slusarchuk Stewart LLP (KMSS), has remained the same as in prior years, the transition to the new accounting firm resulted in more catch-up and reconciliatory work than initially expected, contributing to the delay.

The company has not yet received a specific audit completion date from KMSS; however, the auditor has committed to completing the audit on or before Dec. 31, 2025. KMSS has previously cited staffing and scheduling constraints but has confirmed that they remain on track to meet this commitment. The company has requested an updated projected release date and will provide further information once available.

Given the above-noted factors and the status of audit procedures, Credissential has requested that the MCTO remain in place until the anticipated filing date of Dec. 31, 2025.

Pursuant to National Policy 12-203, the company confirms that:

• It intends to continue to comply with the provisions of the alternative information guidelines under NP 12-203 by issuing biweekly default status reports in the form of further news releases until the annual filings are made.
• There have been no material changes to the information contained in the default announcement issued on Oct. 29, 2025, that would reasonably be expected to be material to an investor.
• There have been no failures by the company to fulfill its stated intentions with respect to satisfying the provisions of the alternative information guidelines under NP 12-203.
• There is no other material information concerning the affairs of the company that has not been generally disclosed.

About Credissential Inc.

Credissential is an AI-powered (artificial intelligence) financial services software developer.

We seek Safe Harbor.