Mr. Bentsur Joseph reports

SHELFIE-TECH ANNOUNCES PRIVATE PLACEMENT

Shelfie-Tech Ltd. intends to close, on or around June 17, 2026, its non-brokered private placement of up to 4,615,385 common shares of the company at a price of $1.78 (Canadian) per share to raise gross proceeds of up to $8,215,000 (Canadian).

The proceeds from the private placement will be used to for sales and marketing, expanding the companies client base, R&D (research and development), and working capital purposes. The securities issued will be subject to a four-month hold period.

Bentsur Joseph, chief executive officer of the company, stated, "We are very pleased with the expected result of this financing and the demand from the market."

The private placement constitutes a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions, because a company that is expected to participate in the private placement and is expected to acquire the number of common shares as is equal to $2.5-million (U.S.) in connection with the private placement has a common director with the company. The company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of the private placement as the fair market value (as determined under MI 61-101) of the insider participation in the private placement is below 25 per cent of the company's market capitalization (as determined in accordance with MI 61-101).

We seek Safe Harbor.