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Jackpot Digital Inc (3)
Symbol JJ
Shares Issued 314,523,499
Close 2026-11-02 C$ 0.025
Market Cap C$ 7,863,087
Recent Sedar+ Documents

Jackpot seeks shareholder OK to reprice stock options

2026-11-02 19:34 ET - News Release

Subject: Jackpot Digital Inc. - News Release Word Document

File: '\\swfile\EmailIn\20261102 160734 Attachment JJ NR Repricing of Insider Options at the AGM Nov 2 2026.docx'

Jackpot Digital Inc.

Page 2 - News Release

November 2, 2026

Jackpot Digital Inc.

Suite 575, 510 Burrard Street

Vancouver, BC V6C 3A8

Tel: (604) 681-0204 Fax: (604) 681-9428

www.jackpotdigital.com info@jackpotdigital.com

Jackpot Digital Inc.

Suite 575, 510 Burrard Street

Vancouver, BC V6C 3A8

Tel: (604) 681-0204 Fax: (604) 681-9428

www.jackpotdigital.com info@jackpotdigital.com

NEWS RELEASE

JACKPOT DIGITAL ANNOUNCES PROPOSED REPRICING OF

INSIDER STOCK OPTIONS

Vancouver, British Columbia. November 2, 2026 - Jackpot Digital Inc. (the "Company" or "Jackpot") (TSX-V: JJ) (US OTCQB: JPOTF) (Frankfurt Exchange: LVH3) announces that it intends to seek disinterested shareholder approval at its upcoming Annual General and Special Meeting of shareholders (the "Meeting"), to be held on Friday, December 18, 2026, to reprice an aggregate of 12,200,000 outstanding stock options held by certain directors and officers (the "Insider Options") of the Company.

The Insider Options were originally granted on November 5, 2025 and are currently exercisable at the price of $0.15 per common share. The Company proposes to reduce the exercise price of these Insider Options to $0.05 per common share, which is the minimum allowable price as per the policies of the TSX Venture Exchange (the "TSX-V") on November 2, 2026.

A breakdown of the Insider Options proposed to be repriced is set out below:

Name

Position

Number of Options

Original

Exercise

Price

Proposed New Exercise Price

Origianl

Expiry Date

Jake Kalpakian

Director, President & CEO

9,000,000

$0.15

$0.05

November 5, 2028

Neil Spellman

Director, CFO

800,000

$0.15

$0.05

November 5, 2028

Gregory McFarlane

Director

800,000

$0.15

$0.05

November 5, 2028

Alan Artunian

Director

800,000

$0.15

$0.05

November 5, 2028

Maria Arenas

Officer

800,000

$0.15

$0.05

November 5, 2028

Total:

12,200,000

All other terms and conditions of the Insider Options, including the expiry date and vesting provisions, will remain unchanged.

The board of directors believes that the repricing is necessary to restore the incentive value of the Insider Options. The current exercise price is significantly higher than the current market price of the Company's shares. Repricing these options ensures the Company can continue to retain and motivate key directors and personnel.

In accordance with the policies of the TSX-V, the proposed repricing of Insider Options is subject to the approval of the TSX-V and the approval of a majority of the votes cast by disinterested shareholders at the Meeting. Insiders holding the options subject to the repricing, and their respective associates, will abstain from voting on the resolution.

Full details of the proposed repricing will be included in the management information circular of the Company to be mailed to shareholders and filed under the Company's profile on SEDAR+ at www.sedarplus.ca in connection with the Meeting.

About Jackpot Digital Inc.

A positive disruptor in the casino business, Jackpot Digital Inc. is the leading provider of electronic poker table games, offering innovative gaming solutions to casinos worldwide. The Company specializes in the development and deployment of dealerless multiplayer electronic poker ETGs, providing operators with efficient, cost-effective, and revenue-generating alternatives to traditional live-dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings.

For more information on the Company, please contact Jake H. Kalpakian, President and CEO, at (604) 681-0204 ext. 6105, or visit the Company's website at www.jackpotdigital.com.

On behalf of the Board of Jackpot Digital Inc.

"Jake H. Kalpakian"_________

Jake H. Kalpakian

President & CEO

Trading in the securities of the Company should be considered speculative.

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Certain statements contained herein are "forward-looking". Forward-looking statements may include, among others, statements regarding Jackpot's future plans, the obtaining of customary regulatory approvals, projected or proposed financings, costs, objectives, economic or technical performance, or the assumptions underlying any of the foregoing. In this News Release, words such as "may", "would", "could", "will", "likely", "enable", "feel", "seek", "project", "predict", "potential", "should", "might", "objective", "believe", "expects", "propose", "anticipate", "intend", "plan", "plans" "estimate", and similar words are used to identify forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those expressed or implied. Although management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, projections, and estimations, there can be no assurance that these assumptions, projections, or estimations are accurate. Readers, shareholders, and investors are therefore cautioned not to place reliance on any forward-looking statements as the plans, assumptions, intentions, or expectations upon which they are based might not occur.

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