SATO Technologies Completes Debt Settlement with Issuance of Units

SATO Technologies Corp. has completed a significant financial transaction, settling a debt of C$25,000 through the issuance of 250,000 units of the company. Each unit consists of one common share and one-half of one common share purchase warrant. The warrants allow the holder to acquire one additional common share at an exercise price of C$0.20 per share for a period of two years from the date of issuance, subject to potential acceleration.

The debt settlement was in full and final settlement of the Indebtedness owed to a certain creditor as of August 7, 2026, pursuant to a consulting agreement. The Indebtedness represented payments for services accrued under the agreement and was not considered investor relations services. The creditor was an arm's length party to the company, and the issuance of the units did not result in the creation of a new insider or control person.

The transaction remains subject to the final approval of the TSX Venture Exchange (TSXV) and the securities issued in connection with the debt settlement are subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable securities laws.

SATO Technologies Corp., founded in 2017, is a publicly listed company providing efficient computing power. The company currently operates one data center tailored to provide computing power for Bitcoin mining and is advancing the conversion of its Joliette, Québec facility to artificial intelligence and high-performance computing workloads. The company is listed on the TSX Venture Exchange (TSXV: SATO) and the OTCQB (OTCQB: CCPUF). To learn more about SATO, visit www.bysato.com.

The debt settlement was completed on September 22, 2026, and the company has announced this development to its stakeholders. The transaction is part of SATO's ongoing efforts to manage its financial obligations and maintain operational efficiency. The issuance of the units at a deemed price of C$0.10 per Unit, for an aggregate deemed value of C$25,000, reflects the company's commitment to addressing its financial needs through strategic and transparent measures.

The warrants issued in connection with the debt settlement provide the holder with the opportunity to acquire additional common shares at a future date, subject to the exercise price of C$0.20 per Common Share. This structure allows the company to potentially enhance its capital base while maintaining flexibility in its financial management strategies. The company remains focused on its core business objectives, including the expansion of its data center capabilities and the transition of its facilities to advanced computing workloads.

SATO Technologies Corp. continues to operate within the regulatory frameworks of the TSX Venture Exchange and is committed to ensuring that all transactions and communications are conducted in compliance with applicable securities laws. The company will provide further updates on the progress of its projects and financial management as appropriate.