FIRSTFUND REPORTS 2026 FIRST QUARTER RESULTS

• Consolidated Firstfund Capital Corp. reported Q1 2026 net income of $3,137 ($0.00 per share), a sharp decline from $43,332 ($0.01 per share) in Q1 2025.
• Fee income contracted to $103,250 from $107,820 year-over-year, reflecting a slowdown in management or advisory fee generation.
• The company recorded $Nil in unrealized net gains on its investment in Vitality Products Inc. (TSXV: VPI), compared to a $35,043 gain in the prior year period.
• This follows a Q4 2025 report where the company posted a net loss of $4,231, though full-year 2025 net income turned positive at $105,759 due to a $110,130 unrealized gain on VPI.
• Q3 2025 results showed minimal net income of $1,667 with stable fee income of $103,682, indicating a consistent but low-margin operational baseline.

• The Q1 2026 results represent a routine quarterly update with no material deviation from prior expectations. The decline in fee income and the absence of unrealized gains on VPI are minor in absolute terms and do not alter the company's fundamental trajectory.
• Management's stated strategy of exploring additional investment opportunities remains unfulfilled in Q1, with no new portfolio additions or strategic partnerships disclosed.
• The stock price remained flat at $0.28 following the Q4 2025 results and did not react to the Q1 2026 filing, confirming the market's perception of the news as immaterial.
• Projections for 2026 will likely hinge on VPI's valuation trajectory and any new fee-generating mandates, neither of which have materialized yet.

• Firstfund Capital Corp. operates as a closed-end investment company focused on managing a diversified portfolio, with recent disclosures highlighting a significant stake in Vitality Products Inc. (TSXV: VPI).
• The company does not own or operate a flagship mining or resource project; instead, it functions as an investment vehicle generating revenue primarily through management fees and investment income.
• Strategic focus appears to be on capital preservation and steady fee generation, with limited public disclosure on active project development or exploration.