Ameritrust receives three non-binding term sheets

Mr. Jeff Morgan reports AMERITRUST PROVIDES LEASE AND LOAN ORIGINATION UPDATE Ameritrust Financial Technologies Inc. has provided an update on its lease and origination business. The company has received three non-binding term sheets to finance new and used vehicle lease and loan originations from United States-based financial institutions. Two of the financial institutions are national banks and the third institution is an investment management firm with over $50-billion (U.S.) in assets under management. Ameritrust's chief executive officer, Jeff Morgan, commented: "We have been working diligently over the past year to position Ameritrust to be able to obtain term sheets from prospective partners. I am pleased that we are now working towards finalizing a combination of both warehouse and flow facilities with the first of multiple financial institutions." If completed on the terms set out in the term sheets, the company estimates that the aggregate amount of the potential financing from these facilities is up to $1-billion (U.S.). The term sheets set out that the financing facilities are designed to allow for private sale or securitization takeouts. The company anticipates that as it is able to secure a takeout periodically like its industry competitors have achieved, it will have origination capacity of up to $1-billion (U.S.) per annum. Mr. Morgan added: "While we have been negotiating with many prospective partners, Blake Kirk, Ameritrust's COO, and his team have been busy ensuring that all operational and administrative functions will be in place so that once funding capital has been secured, Ameritrust will be able to provide lease and loan financing to new and used vehicle owners in a short period of time. Troy Hocker, the company's CRO, has been working with his team to ensure that direct and indirect sales channels have the tools they need for production immediately. The team is working to requalify each of our 962 'active dealer partners' and to reactivate them in our systems to start submitting applications. As of today, these dealer partners have submitted more than two hundred applications in the last month for approval. My team's goal is to finalize the funding facility agreements and begin approving and funding new leases and loans in the fourth quarter of 2025. Thanks to the patience and commitment of our shareholders and investors, Ameritrust should see strong growth in 2026." The term sheets contemplate the company raising equity and/or convertible debt to support the respective financing facilities. The amount of additional capital that will be required is dependent upon the amount of the financing facilities. The completion of all financing facilities is subject to finalization of definitive legal documentation and customary closing conditions. The company cautions that there can be no assurance that the financing facilities will be entered into on the current terms set out in the term sheets or at all. The company will keep shareholders informed of the timing and amount of any potential equity or debt financings, and the continued finalization of definitive agreements. About Ameritrust Financial Technologies Inc. Ameritrust, listed on the TSX Venture Exchange, OTCQB and Frankfurt markets, is a finance solution and fintech provider disrupting the automotive industry. Ameritrust's integrated, cloud-based transaction platform facilitates transactions among consumers, dealers and financiers. Ameritrust's platform is being made available across the United States. We seek Safe Harbor.