Mr. Jeff Morgan reports

AMERITRUST ANNOUNCES WARRANT EXERCISE PROCEEDS OF $35 MILLION

Ameritrust Financial Technologies Inc. has received gross proceeds of $35,073,967 from the exercise of warrants.

In January, 2026, Ameritrust completed a brokered offering of convertible debenture and listed issuer financing exemption units. Under the offering, subscribers were issued an aggregate of 598,749,871 warrants with an exercise price of 12 cents and an expiry date of five years. In addition, a total of 15,743,000 broker warrants were issued with an exercise price of five cents and an expiry date of two years. To date, a total of 285,867,642 convertible debenture and LIFE warrants have been exercised for proceeds of $34,304,117, and 15,397,000 broker warrants have been exercised for proceeds of $769,850. The aggregate gross proceeds received to date from the exercise of convertible debenture, LIFE and broker warrants are $35,073,967. The company intends to use the proceeds to finance additional new and used vehicle lease contracts, to provide collateralized capital to secure lease financing facilities from external financial institutions, and for general working capital purposes.

Jeff Morgan, chief executive officer of Ameritrust, commented: "We began restarting our leasing operations early in 2026 after the close of approximately $40-million convertible debenture and equity financing. After a very successful ramp-up, we began working with our shareholders, who participated in the financing late last year, to exercise the 12-cent warrants providing significant additional capital into the business. I am very pleased that many of our shareholders, including myself, have exercised over $35-million in warrants -- bringing our total cash balance to over $65-million."

Mr. Morgan continued: "Strategically, this capital further enhances the strength of the company's balance sheet and will be a positive catalyst to increase our self-funded lease portfolio and to secure additional funding facilities to continue to grow our business at an accelerated pace. We are very thankful to our warrantholders as they increase their equity exposure, which underscores their confidence in Ameritrust's strategy and ongoing growth of our lease portfolio across our dealer network, our strategic partnerships and the expansion of Ameritrust Auto."

About Ameritrust Financial Technologies Inc.

Ameritrust, listed on the TSX Venture Exchange, OTCQB and Frankfurt markets, is a finance solution and fintech provider disrupting the automotive industry. Ameritrust's integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers and funders. Ameritrust's platform is being made available across the United States.

We seek Safe Harbor.