Xtract One arranges $10M bought deal offering

An anonymous director reports XTRACT ONE ANNOUNCES $10 MILLION BOUGHT DEAL OFFERING Xtract One Technologies Inc. has entered into an agreement with a syndicate of underwriters led by Stifel Canada, which has agreed to purchase, on a bought deal basis, 13,334,000 units of the company at a price of 75 cents per unit, for aggregate gross proceeds of $10,000,500. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share at an exercise price of 95 cents at any time up to 36 months following the closing date (as defined below). The underwriters will also have the option, exercisable in whole or in part at any time on or up to 30 days after the closing date, to purchase up to an additional 2,000,100 units, to cover overallotments, if any, and for market stabilization purposes. In the event that the option is exercised in its entirety, the aggregate gross proceeds of the offering will be $11,500,575. The net proceeds of the offering will be used for working capital and general corporate purposes. The offering is scheduled to close on or about Nov. 10, 2025, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the Toronto Stock Exchange and the securities regulatory authorities. The units will be offered by way of a shelf prospectus supplement to be filed in each of the provinces and territories of Canada, except Quebec, pursuant to National Instrument 44-102 (Shelf Distributions). Copies of the applicable offering documents, when available, can be obtained free of charge under the company's profile on SEDAR+. Delivery of the base shelf prospectus and the shelf prospectus supplement and any amendments thereto will be satisfied in accordance with the access equals delivery provisions of applicable Canadian securities legislation. The base shelf prospectus and the shelf prospectus supplement will contain important detailed information about the company and the offering. Prospective investors should read the shelf prospectus supplement and accompanying base shelf prospectus and the other documents the company has filed on SEDAR+ before making an investment decision. An electronic or paper copy of the shelf prospectus supplement, the corresponding base shelf prospectus and any amendment to the documents, when available, may be obtained, without charge, from Stifel Nicolaus Canada Inc. by e-mail at [email protected] by providing Stifel Nicolaus with an e-mail address or address, as applicable. About Xtract One Technologies Inc. Xtract One Technologies is a leading technology-driven provider of threat detection and security solutions leveraging artificial intelligence to deliver seamless and secure experiences. The company makes unobtrusive weapons and threat detection systems that are designed to assist facility operators in prioritizing and delivering improved walk-right-in experiences while enhancing safety. Xtract One's innovative portfolio of AI-powered Gateway solutions excels at allowing facilities to discreetly screen and identify weapons and other threats at points of entry and exit without disrupting the flow of traffic. With solutions built to serve the unique market needs for schools, hospitals, arenas, stadiums, manufacturing, distribution and other customers, Xtract One is recognized as a market leader delivering the highest security in combination with the best individual experience. We seek Safe Harbor.