Mr. Ajay Toor reports

NEXTGEN DIGITAL CLOSES FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT OF UNITS

Nextgen Digital Platforms Inc., further to its news release of Oct. 6, 2025, has completed the first tranche of its previously announced non-brokered private placement of units. Pursuant to the first tranche, the company issued 2,065,000 units of the company at 40 cents per unit for gross proceeds of $826,000.

Each unit will consist of one common share in the capital of the company and one-half of a transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional share at a price of 60 cents for a period of 24 months from the closing of the offering.

The warrants will be subject to an accelerated expiry provision such that if, for any 10 consecutive trading days during the unexpired term of the warrants, the closing price of the common shares exceeds 90 cents, the expiry date will be accelerated to 30 calendar days. The activation of the acceleration clause will be announced by news release and the 30-day period will commence seven days after the last premium trading day.

In connection with the first tranche, the company paid finders' fees to eligible finders consisting of $30,820 in cash and 57,050 common share purchase warrants. Each finder's warrant is exercisable to acquire one common share of the company at an exercise price of 40 cents per share for a period of 24 months.

The company anticipates closing one or more additional tranches of the offering in the coming weeks.

All securities issued in connection with the offering are subject to a statutory hold period of four months plus a day in accordance with applicable securities legislation.

The company will use the net proceeds from the offering for corporate development, marketing and general working capital.

Resignation of chief executive officer

The company also announces that, effective Dec. 5, 2025, Matthew Priebe will be resigning as the CEO of the company to pursue other opportunities. The company would like to thank Mr. Priebe for his contributions to the company.

About Nextgen Digital Platforms Inc.

Nextgen Digital Platforms is a publicly listed fintech and digital asset company that provides investors with exposure to a diversified portfolio of Web 3 technologies, blockchain infrastructure and digital assets. The company is committed to developing innovative financial structures that align with the future of decentralized finance while prioritizing transparency, regulatory compliance and shareholder value creation. Nextgen also operates PCSections.com, an e-commerce platform and a hardware-as-a-service business supporting the artificial intelligence sector, called Cloud AI hosting.

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