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Calgary, Alberta / November 27, 2025 – TheNewswire - Credissential Inc. (“Credissential” or the “Company”) (CSE: WHIP) , a vertically integrated AI software development company , provides this biweekly status update in accordance with National Policy 12-203 – Management Cease Trade Orders (“ NP 12-203 ”).

As previously announced on October 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, accompanying management’s discussion and analysis, and the related CEO and CFO certifications for the fiscal year ended June 30, 2025 (collectively, the “ Annual Filings ”).

The MCTO remains in effect and prohibits trading in securities of the Company by the Chief Executive Officer and Chief Financial Officer 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 December 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 December 31, 2025.

Pursuant to NP 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 October 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

Credissential is an AI powered financial services software developer.

For more information about Credissential and other products from Credissential, visit www.credissential.com .

ON BEHALF OF THE BOARD OF DIRECTORS

Chief Executive Officer                Colin Frost

Head Office                         2004 Sherwood Drive Sherwood Park, AB T8A 0Z1

Telephone                         +1 (236) 513 4776

Email                                 info@credissential.com  

The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

Forward-Looking Information

Certain statements in this news release may constitute “forward-looking information” within the meaning of applicable securities laws (“forward-looking statements”). Forward-looking information relates to future events or anticipated performance of the Company and reflects management’s current expectations or beliefs regarding such future events. Forward-looking statements in this release include, but are not limited to, statements regarding the timing, progress, and completion of the Company’s annual audit; the expected timing for the filing of the Annual Filings; the anticipated duration of the MCTO; and the Company’s intentions to issue biweekly default status reports for so long as the Annual Filings remain outstanding.

Forward-looking information is subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, the risk that the Annual Filings may not be completed within the anticipated timeframe, the outcome of audit procedures and regulatory reviews, the availability of key personnel and external resources, and general business, economic, and market conditions.

There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated. Except as required by applicable law, the Company does not undertake any obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise. Additional information is available in the Company’s filings on SEDAR+ at www.sedarplus.ca.  

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