Data Watts Corporate Update

• The most recent release (June 26, 2026) details a series of corporate actions, debt settlements, and financing arrangements.
• Mutual rescission of the Grid Platform Acquisition: 2.9 million common shares previously issued for the deal are returned to treasury for immediate cancellation.
• Debt settlement with two directors: 300,000 shares issued at $0.1466 and $0.2611 to settle CAD$69,750 in total indebtedness, subject to CSE approval and a statutory hold period.
• Promissory note amendments and new lending: A $200,000 note advanced on January 29, 2026, bears 7% simple interest, matures January 29, 2028. The company intends to issue 1,000,000 loan bonus warrants and 1,500,000 lender warrants, both at a $0.15 exercise price for a 2-year term.
• Corporate governance updates: Shane Lowry appointed as director, Michael Sweatman resigned. 185,000 stock options granted to a director at a $0.20 strike price, exercisable until June 2028.
• All securities are subject to CSE approval and a 4-month-1-day statutory hold period. Not registered under the U.S. Securities Act.

• The cancellation of the Grid Platform acquisition and the subsequent cancellation of 2.9 million shares provides a minor reduction in share count, slightly offsetting prior dilution.
• However, the company is issuing 2.5 million warrants at a $0.15 exercise price to secure debt and settle obligations. This represents significant future dilution potential.
• The stock is already trading at multi-year lows ($0.14). The market has largely priced in the regulatory delays, failed acquisitions, and compliance issues.
• This release is standard corporate housekeeping for a distressed micro-cap. It does not introduce new revenue streams, strategic pivots, or operational catalysts.
• The impact is incremental and expected given the company's cash constraints and history of deal terminations.

• Data Watts Partners Inc. is a micro-cap investment holding company listed on the Canadian Securities Exchange (CSE).
• The company focuses on clean energy, artificial intelligence, and technology sectors.
• Current portfolio includes AdvEn Industries (operating a commercial plant in Alberta producing super activated carbon from oil-sands by-products) and Impact Uranium Group (exploring uranium projects in Saskatchewan's Athabasca Basin).
• Historically, the company has pursued M&A and strategic investments in clean energy and tech, but recent history shows multiple terminated, impaired, or cancelled deals.