Mr. Eric Lapoiinte reports

ICARUS CAPITAL ADOPTS SEMI-ANNUAL FINANCIAL REPORTING

Icarus Capital Corp. has adopted semi-annual financial reporting (SAR) pursuant to Coordinated Blanket Order 51-933, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.

The blanket order allows eligible venture issuers listed on the TSX Venture Exchange to voluntarily move from a quarterly to a semi-annual financial reporting framework. By adopting SAR, the company aims to reduce the administrative and financial burden associated with quarterly reporting.

The company's fiscal year ends on Dec. 31. Under the SAR pilot program, the company will no longer file interim financial reports and related management's discussion and analysis (MD&A) for its three-month and nine-month interim periods. The initial interim period for which the company will not file is the three-month period ended Sept. 30, 2026.

The company will continue to file audited annual financial statements and MD&A (due 120 days after Dec. 31) and unaudited six-month financial statements and MD&A (due 60 days after June 30).

The company remains committed to timely disclosure and will continue to report all material changes and significant developments as required under National Instrument 51-102, Continuous Disclosure Obligations, and the policies of the TSX-V.

This news release is being issued and filed pursuant to the blanket order.

About Icarus Capital Corp.

Based in Surrey, B.C., Canada, Icarus Capital specializes in live and digital entertainment, primarily focused on stand-up comedy. The company is publicly traded on the TSX Venture Exchange under the ticker symbol ICRS. Its current assets include the Yuk Yuk's Calgary Comedy Club, Yuk Yuk's Surrey Comedy Club, Yuk Yuk's Media and Yuk Yuk's Western Canadian Events.

We seek Safe Harbor.