An anonymous director reports

MOGO FILES EARLY WARNING REPORT FOLLOWING PARTIAL DISPOSITION OF SHARES OF WONDERFI TECHNOLOGIES

This news release is issued by Mogo Inc. pursuant to the early warning requirements of Canada's National Instrument 62-104 and National Instrument 62-103 with respect to common shares of Wonderfi Technologies Inc., a corporation with a head office at 371 Front St. West, suite 304, Toronto, Ont., M5V 3S8.

On Aug. 1, 2025, Mogo, through its wholly owned subsidiary Mogo Financial Inc., disposed of 40 million Wonderfi shares by way of private agreement. As a result of the sale transaction, Mogo's holdings in Wonderfi decreased to less than 10 per cent of the issued and outstanding Wonderfi shares.

Immediately prior to the sale transaction, Mogo had beneficial ownership of, indirectly through Mogo Financial, and exercised control and direction over, 81,962,639 Wonderfi shares, representing approximately 12.39 per cent of the issued and outstanding Wonderfi shares. Upon completion of the sale transaction, Mogo had beneficial ownership of, indirectly through Mogo Financial, and exercised control and direction over 41,962,639 Wonderfi shares, representing approximately 6.34 per cent of the issued and outstanding Wonderfi shares.

The Wonderfi shares disposed of under the sale transaction were sold for investment purposes. Mogo is holding the remaining Wonderfi shares for investment purposes and may, depending on market and other conditions, increase or decrease its beneficial ownership, control or direction over Wonderfi shares or other securities of Wonderfi through market transactions or private agreements. In the ordinary course of managing its investment in the Wonderfi shares, Mogo may continue to engage with the board and management of Wonderfi from time to time on various matters, including but not limited to Wonderfi's business, strategy, board and management.

An early warning report of Mogo will be filed on Wonderfi's SEDAR+ profile and can be obtained from Mogo at its head office 516-409 Granville St., Vancouver, B.C., V6C 1T2, attention: Christy Cameron, or phone: 604-659-4380.

About Mogo Inc.

Mogo is on a mission to build the future of intelligent finance, empowering consumers to grow wealth through a suite of innovative financial products and a capital strategy anchored by bitcoin. The company's platform combines digital wealth management and lending with a growing commitment to hard asset capital allocation. Mogo is publicly listed on the Nasdaq and Toronto Stock Exchange.

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