SEDAR Interim Financial Statements

5 Sayward Capital Corp. Sayward Capital Corp. Interim Condensed Consolidated Financial Statements For the three-month and nine-month periods ended September 30, 2025 NOTICE OF NO AUDITORS’ REVIEW OF INTERIM FINANCIAL STATEMENTS Under National Instrument 51-102, Part 4, subsection 4.3(3) (a), if an auditor has not performed a review of the interim financial statements they must be accompanied by a notice indicating that the financial statements have not been reviewed by an auditor. The accompanying unaudited interim financial statements of Sayward Capital Corp. (or the “Corporation”) have been prepared by and are the responsibility of the Company's management. The Company’s independent auditor has not performed a review of these financial statements. Sayward Capital Corp. 1 Sayward Capital Corp. Interim Condensed Consolidated Statement of Financial Position Expressed in Canadian Dollars As at: Note September 30, 2025 December 31, 2024 ASSETS (Unaudited) (Audited) Current Cash 4 210,776 232,453 Accounts receivable 8 90,000 120,000 Prepaids 12,051 993 Total Assets 312,827 353,446 LIABILITIES AND SHAREHOLDERS' EQUITY LIABILITIES Current Accounts payable and accruals - 49,526 Total Liabilities - 49,526 SHAREHOLDERS' EQUITY Share capital 5 521,498 521,498 Share purchase warrants 5 40,000 40,000 Contributed surplus 52,000 52,000 Deficit (300,671) (309,578) Total shareholders' equity 312,827 303,920 Total liabilities and shareholders' equity 312,827 353,446 The accompanying notes are an integral part of these interim financial statements. Approved on behalf of the Board of Directors Jason Joseph Jason Joseph - Director Rick Manhas Rick Manhas - Director Sayward Capital Corp. 2 Sayward Capital Corp. Interim Condensed Consolidated Statement of Comprehensive Income Expressed in Canadian Dollars Note 2025 2024 2025 2024 Expenses Professional fees 8,221 55,585 43,793 69,846 General and adminstration 126 24 180 99 Other items Finance income (2,127) (1,676) (2,880) (7,773) Other income 8 (50,000) (50,000) (135,000) Net (loss) income and comprehensive (loss) income 43,780 (53,933) 8,907 72,828 Loss per share (basic and diluted) 0.01 (0.01) 0.00 0.01 Weighted average # of shares outstanding (basic and diluted) 5 8,000,000 8,000,000 8,000,000 8,000,000 The accompanying notes are an integral part of these interim condensed consolidated financial statements (unaudited) Three months ended Sept 30 Nine months ended Sept 30 Sayward Capital Corp. 3 Sayward Capital Corp. Interim Condensed Consolidated Statement of Changes in Shareholders’ Equity Expressed in Canadian Dollars Shares Share Contributed Purchase Outstanding Capital Surplus Warrants Deficit Total (unaudited) (#'s) $ $ $ $ $ Balance at January 1, 2024 8,000,000 521,498 52,000 40,000 (214,271) 399,227 Net loss - - - - (98,138) (98,138) Balance at September 30, 2024 8,000,000 521,498 52,000 40,000 (312,409) 301,089 Balance at January 1, 2025 8,000,000 521,498 52,000 40,000 (309,578) 303,920 Net Income - - - - 8,907 8,907 Balance at September 30, 2025 8,000,000 521,498 52,000 40,000 (300,671) 312,827 The accompanying notes are an integral part of these interim condensed consolidated financial statements. Sayward Capital Corp. 4 Sayward Capital Corp. Interim Condensed Consolidated Statements of Cash Flows Expressed in Canadian Dollars (unaudited) Note Nine months ended September 30, 2025 Nine months ended September 30, 2024 Cash flows from operating activities Net loss 8,907 72,828 Add (deduct) non-cash --- items: Change in non-cash working capital (30,584) (143,316) Cash flows used in operating activities (21,677) (70,488) Decrease in cash (21,677) (70,488) Cash beginning of period 232,453 288,074 Cash end of period 210,776 217,586 The accompanying notes are an integral part of these interim condensed consolidated financial statements. Notes to the Interim Condensed Consolidated Financial Statements For the three and nine months ended September 30, 2024 and 2023 (unaudited) 5 Sayward Capital Corp. 1. REPORTING ENTITY Sayward Capital Corp. (the "Company") was incorporated on November 17, 2020 by Certificate of Incorporation issued pursuant to the provisions of the Business Corporations Act (Alberta). The Company is classified as a Capital Pool Company (“CPC”) as defined in Policy 2.4 of the TSX Venture Exchange (the "Exchange"). The principal business of the Company is to identify and evaluate assets or businesses with a view to potentially acquire them or an interest therein by completing a purchase transaction, by exercising of an option or by any concomitant transaction. The purpose of such an acquisition is to satisfy the related conditions of a qualifying transaction under the Exchange rules. The head office and registered office of the Company is located at 1900-520 3 Ave SW, Calgary Alberta, T2P 0R3. Where an acquisition or participation is warranted, additional funding may be required. The ability of the Company to fund its potential future operations and commitments is dependent upon the ability of the Company to obtain additional financing. 2. BASIS OF PRESENTATION [a] Statement of compliance These interim condensed consolidated financial statements have been prepared in accordance with International Accounting Standard 34, Interim Financial Reporting (“IAS 34”) on a basis consistent with the accounting, estimation and valuation policies described in the Company’s audited Financial Statements as at December 31, 2022. Certain information and disclosures normally required to be included in the notes to the financial statements have been condensed or omitted. These interim condensed consolidated financial statements should be read in conjunction with the Company’s consolidated financial statements as at and for the year ended December 31, 2022, filed under the Company’s profile on SEDAR at www.sedarplus.com. These interim condensed consolidated financial statements were approved by the Company’s Board of Directors on November 28, 2025. [b] Basis of measurement These financial statements are stated in Canadian dollars which is the Company’s functional currency and were prepared on a going concern basis, under the historical cost convention except for certain financial instruments that have been measured at fair value. 3. SIGNIFICANT ACCOUNTING POLICIES, JUDGMENTS AND ESTIMATES The preparation of these interim condensed consolidated financial statements requires management to make certain estimates, judgments and assumptions that affect the reported amounts of assets and liabilities at the date of the interim condensed consolidated financial statements and reported amounts of expenses during the reporting period. Actual outcomes could differ from these estimates. The impacts of such estimates are pervasive throughout these interim condensed consolidated financial statements and may require accounting adjustments based on future occurrences. Revisions to accounting estimates are recognized in the period in which the estimate is revised --- and future periods if the revision affects both current and future periods. These estimates are based on historical experience, current and future economic conditions and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Note 3 and 4 to the Company’s audited consolidated financial statements as at and for the year ended December 31, 2022, contains a description of the accounting policies, judgments, estimates and assumptions that are considered significant. 4. CASH The proceeds raised from the issuance of share capital may only be used to identify and evaluate assets or businesses for future investment, with the exception that up to $3,000 per month may be used to cover prescribed costs of issuing common shares or administrative and general expenses of the Company. These restrictions may apply until completion of a Qualifying Transaction by the Company as defined under the policies of the Exchange. 5. SHARE CAPITAL [a] Authorized The Company is authorized to issue the following: • Unlimited number of common shares without nominal or par value. • Unlimited number of voting preferred shares without par value. Notes to the Interim Condensed Consolidated Financial Statements For the three and nine months ended September 30, 2024 and 2023 (unaudited) Sayward Capital Corp. 6 [b] Issued At September 30, 2025, the Company had 3,000,000 common shares held in escrow until completion of a Qualifying Transaction. 25% of these common shares will be released on the issuance of the final exchange bulletin and an additional 25% will be released on the dates 6 months, 12 months and 18 months following the initial release. These common shares, which are considered contingently issuable until the Company completes a Qualifying Transaction, are not considered to be outstanding for the purpose of the loss per share calculation. [c] Stock options As at September 30, 2025, 800,000 stock options are outstanding with a weighted average life of 5.3 years. [d] Warrants As at September 30, 2025, 500,000 warrants remain outstanding. 6. FINANCIAL INSTRUMENTS AND FINANCIAL RISK MANAGEMENT The Company, as part of its operations, carries financial instruments consisting of cash and accounts payable and accruals. It is management's opinion that the Company is not exposed to significant credit, interest, or currency risks arising from these financial instruments except as otherwise disclosed. Fair value Fair value represents the price at which a financial instrument could be exchanged in an orderly market, in an arm's length transaction between knowledgeable and willing parties who are under no compulsion to act. The Company classifies the fair value of the financial instruments according to the following hierarchy based on the amount of observable inputs used to value the instrument. Level 1: Fair value measurements are those derived from quoted prices (unadjusted) in the active market for identical assets or liabilities. Level 2: Fair value measurements are those derived from inputs other than quoted prices that are observable for the asset or liability, either directly (i.e. as prices) or indirectly (derived from prices). Level 3: Fair value measurements are those derived from valuation techniques that include inputs for the asset or liability that are not based on observable market data. The carrying amount of cash and account payable and accruals approximates its fair value due to the short-term matur --- ities of these items. Credit risk Credit risk is the risk of loss associated with the counterparty’s inability to fulfill its payment obligations. The Company believes it has no significant credit risk as its cash balance is held with a major Canadian financial institution. Liquidity risk Liquidity risk is the risk that the Company will not be able to meet its obligations as they come due. As at September 30, 2025, the Company has cash of $210,776 to satisfy obligations of $Nil as they come due, as such, is not exposed to significant liquidity risk. Market risk Market risk is the risk of loss that results from changes in market prices, market risk is comprised of foreign currency risk, interest rate risk and other price risks. [i] Currency risk The Company does not have assets or liabilities in a foreign currency and therefore is not exposed to foreign currency risk. [ii] Interest rate risk Interest rate risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in the market interest rates. The Company’s cash is held in an account with a major Canadian financial institution. The funds may be withdrawn at any time without penalty. (iii) Price risk The Company is exposed to price risk with respect to equity prices. Equity price risk is defined as the potentially adverse impact on the Company’s ability to obtain equity financing due to movements in individual equity prices or general movements in the level of the stock market. The Company closely monitors individual equity movements and the stock market to determine the appropriate course of action to be taken by the Company. Notes to the Interim Condensed Consolidated Financial Statements For the three and nine months ended September 30, 2024 and 2023 (unaudited) Sayward Capital Corp. 7 7. CAPITAL MANAGEMENT The Company’s capital consists of share capital. The Company’s objective for managing capital is to maintain sufficient capital to identify, evaluate and complete an acquisition or other transaction as disclosed in Note 1. The Company sets the amount of capital in relation to risk and manages the capital structure and makes adjustments to it in light of changes to economic conditions and the risk characteristics of the underlying assets. The Company’s objectives when managing capital are: i. to maintain a flexible capital structure, which optimizes the cost of capital at acceptable risk; and, ii. to maintain investor, creditor and market confidence in order to sustain the future development of the business. The Company is not subject to any externally or internally imposed capital requirements at period-end apart from the requirements of the Exchange.