Mr. Mehdi Azodi reports

BELGRAVIA HARTFORD REPAYS USD $1.5 MILLION LINE OF CREDIT VIA BITCOIN STANDARD AGREEMENT; UPDATES BITCOIN TREASURY HOLDINGS

Belgravia Hartford Capital Inc. has fully repaid its $1.5-million (U.S.) line of credit owed to Round13 Digital Asset Fund LP in accordance with the parties bitcoin standard agreement and related loan agreement.

Under the loan agreement, Belgravia held 14.21448 bitcoin and exercised its repayment option to return the bitcoin held under the agreement to offset the outstanding loan balance. This debt repayment eliminates an overhang and exposure associated with the line of credit and further strengthens Belgravia's balance sheet. The interest associated will be calculated at the Bank of Canada prime rate as of June 4, 2025, with further updates to be provided on interest payment.

"Retiring the line of credit removes a meaningful overhang and represents another step in executing our bitcoin treasury strategy," said Mehdi Azodi, chief executive officer of Belgravia. "We believe the amended debenture structure and any potential future equity and convertible debenture financings are better suited for Belgravia. This enables us the opportunity to fully wholly own the bitcoin moving forward and eliminate any additional risks with the loan exposure and costs. The debt elimination and the recently announced LOI with DelphX are steps Belgravia is taking to further protect our bitcoin from potential downside risks and market volatility."

Bitcoin treasury update

Following the repayment:

• 68.72854407 bitcoin are now held by Belgravia;
• 26.350911 bitcoin are unencumbered and 100 per cent owned by Belgravia.

Convertible debenture and acceleration provision

Belgravia also confirmed that the $5-million (U.S.) convertible debenture used to purchase 42.3776327 bitcoin remains, and the bitcoin purchased with the debenture proceeds continues to be held by Belgravia. As announced on Oct. 31, 2025, under the amended debenture terms, if Belgravia's common shares trade at or above 17 cents for 10 consecutive trading days, Belgravia may, within seven days of reaching the trigger price, announce that the acceleration provision has been triggered. Upon such announcement, Round13 will have 30 days to convert the debenture into common shares at 12.5 cents per share. Any portion not converted within that 30-day window will revert to the original 71-cent conversion price for the remainder of the term.

About Belgravia Hartford Capital Inc.

Belgravia Hartford Capital is an investment issuer, listed for trading on the Canadian Securities Exchange and OTCQB, focused on the tech and finance sectors of the bitcoin ecosystem. The company's focus, as set out in its 2018 investment policy, specifies cryptocurrencies, artificial intelligence, media and digital streaming opportunities. Belgravia invests in a portfolio of private and public companies located in jurisdictions governed by the rule of law. Belgravia and its investments are considered high-risk holdings, and it may expose shareholders to significant volatility and losses.

We seek Safe Harbor.