Scryb acquires 10 million debt shares of Cybeats

Mr. James Van Staveren reports SCRYB INC. PROVIDES EARLY WARNING UPDATE ON HOLDINGS IN CYBEATS TECHNOLOGIES CORP. Scryb Inc. is issuing this release to report information concerning its holdings in Cybeats Technologies Corp. Scryb's total share ownership position of Cybeats is unchanged following all transactions outlined in this press release. Scryb outlines below that it accepted common shares in lieu of cash repayment from Cybeats Technologies due to Scryb's strong belief in the company's fundamentals and opportunity, and the continued support of its exciting growth trajectory. This press release is issued pursuant to Multilateral Instrument 62-104 (Take-Over Bids and Issuer Bids) and National Instrument 62-103 (the Early Warning System and Related Take-Over Bid and Insider Reporting Issues). On Jan. 9, 2026, Scryb acquired 10 million common shares of the issuer in settlement of $1.2-million at a deemed price of 12 cents per common share of debt owing under a secured debenture held by Scryb. The common shares issued in connection with the debt settlement are subject to a statutory four-month-and-one-day hold period in accordance with applicable securities laws. Completion of the debt settlement did not create any new control person of Cybeats. As at the date of this press release, the issuer reports having 214,880,745 common shares issued and outstanding. Prior to the debt settlement, on Dec. 29, 2025, and Dec. 30, 2025, Scryb disposed of a total of 10 million common shares of Cybeats through three transactions. The common shares were disposed through the facilities of the CSE as follows: on Dec. 29, 120,000 common shares were disposed of at a sale price of 12.5 cents per common share; on Dec. 30, 34,000 common shares were disposed of at a sale price of 12.5 cents per common share; and on Dec. 30, 9,846,000 common shares were disposed of at a sale price of 12 cents per common share, for an aggregate sale price of $1,200,770. Prior to the disposition, Scryb owned or exercised control or direction over 74,838,950 common shares and 13,125,000 common share purchase warrants, representing approximately 36.53 per cent and 40.35 per cent of the issued and outstanding common shares of Cybeats on an undiluted and partially diluted basis, respectively (based on 204,880,745 common shares outstanding prior to the disposition). Following the disposition and immediately prior to the completion of the debt settlement, Scryb owned or exercised control or direction over 64,838,950 common shares and 13,125,000 warrants, representing approximately 31.65 per cent and 35.76 per cent of the issued and outstanding common shares of Cybeats on an undiluted and partially diluted basis, respectively (based on 204,880,745 common shares outstanding following the disposition and prior to the completion of the debt settlement). After completion of the debt settlement, Scryb owns or exercises control or direction over 74,838,950 common shares and 13,125,000 warrants, representing approximately 34.83 per cent and 38.58 per cent of the issued and outstanding common shares of Cybeats on an undiluted and partially diluted basis, respectively (based on 214,880,745 common shares outstanding upon completion of the debt settlement). The disposition and acquisition of the securities described above were completed for investment purposes. Depending on market and other conditions, Scryb may from time to time in the future increase or decrease the ownership, control or direction over securities of the issuer, through market transactions, private agreements or otherwise. In satisfaction of the requirements of National Instrument 62-103 and NI 62-104, an early warning report respecting the disposition and acquisition of securities by Scryb will be filed under the issuer's SEDAR+ profile. To obtain a copy of the early warning report filed by Scryb, please contact Scryb at 647-847-5543 or refer to SEDAR+ under the issuer's issuer profile. About Scryb Inc. Scryb invests in and actively supports a growing portfolio of innovative and high-upside ventures across the technology sector. We seek Safe Harbor.