Mr. Andrew Skafel reports

EDGEWATER WIRELESS ANNOUNCES PAYMENTS OF DEBENTURE INTEREST

Edgewater Wireless Systems Inc. will settle its obligation to pay an aggregate of $17,726.30 in interest as of Dec. 1, 2025, $17,531.51 in interest as of March 1, 2026, $17,921.10 in interest as of June 1, 2026, and $17,921.10 in interest as of Sept. 1, 2026, to the holders of its unsecured debentures issued Sept. 1, 2022, through the issuance of an aggregate of 1,421,982 common shares of the company at a deemed price of five cents per share. The shares are issued in full satisfaction of the Dec. 1, 2025, March 1, 2026, June 1, 2026, and Sept. 1, 2026, interest payment obligations in accordance with the terms of the debentures. The debt settlement is subject to the approval of the TSX Venture Exchange.

Certain directors of the company received an aggregate of 265,995 shares and therefore the share issuance constitutes a related party transaction as that term is defined in Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. The company will rely on the 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 as neither the fair market value of the shares nor the debt exceeds 25 per cent of the company's market capitalization.

Edgewater Wireless Systems announces that it has granted incentive stock options pursuant to its equity incentive plan to certain employees and technical consultants of the company to purchase up to an aggregate of 900,000 common shares of the company. The stock options are exercisable at a price of five cents per share and expire five years from the date of grant.

About Edgewater Wireless Systems Inc.

We make Wi-Fi. Better.

Edgewater's patented, artificial-intelligence-powered Wi-Fi Spectrum Slicing platform -- delivered through the PrismIQ product family -- enables multiple concurrent channels within a single Wi-Fi band, designed to improve spectrum utilization, reliability, latency, and quality of service in congested and high-density environments. PrismIQ is Edgewater's Wi-Fi 8-ready silicon solutions platform targeting residential, enterprise, industrial IoT (Internet of Things) and high-reliability wireless applications. With 26 granted patents, three AI-related patent applications pending and a capital-efficient fabless model, Edgewater is developing scalable silicon, IP and reference solutions for the next generation of intelligent wireless connectivity. Edgewater is a silicon catalyst portfolio company.

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