AmeriTrust Provides Corporate Update

Executive Summary

• AmeriTrust Financial Technologies announced the execution of a new revolving line of credit with Bank of Texas, establishing core financing infrastructure for scalable vehicle lease originations.
• The company has onboarded 21 new dealer agreements covering 62 locations across 16 U.S. states and expanded its sales team and national territories to grow its dealer network.
• Operational milestones include the launch of limited production for AmeriTrust Auto’s remarketing business, hiring six additional staff in Fort Worth, and deployment of a lease‑servicing platform with Conduent for AmeriTrust Serves.

Key Details

• Revolving Line of Credit: New funding agreement with Bank of Texas; provides competitively priced cost of funds that can be “recycled” as the portfolio grows (terms not disclosed).
• Dealer Network Expansion: Executed 21 new dealer agreements, representing 62 dealer locations in 16 states; three‑phase onboarding approach outlined (sign‑up/onboard → training → application submission via RouteOne, DealerTrack or proprietary portal).
• Sales Team & Territory Structure: Bolstered sales force and established national territories to support dealer expansion.
• AmeriTrust Auto – Remarketing Business: Began limited production in February 2026; added six employees operating from a temporary Fort Worth facility while preparing for further expansion.
• AmeriTrust Serves – Servicing Platform: Implemented lease‑servicing platform in partnership with Conduent, enabling scalable loan/lease servicing, automation, data‑driven portfolio management, and multi‑state regulatory compliance.
• Media Coverage & Speaking Engagements: CEO Jeff Morgan featured in Auto Finance News and Automotive News articles discussing the used‑vehicle leasing rollout; spoke on a panel at the NVLA Annual Conference in Nashville.
• Employee Equity Grants: Issued 4,125,000 Restricted Share Units to employees and consultants since January 2026.
• Investor Relations Clarification: Confirmed that Dig Media Inc. provides services defined by TSXV policy 3.4 as investor relations, contrary to the Jan 15 2026 press release.

Notable Quotes

“As we move further into 2026, our focus remains clear: expanding both our indirect and direct dealer network, increasing application flow, and steadily growing funded originations while maintaining disciplined credit standards.” – Jeff Morgan, CEO

Materiality Assessment: Material – Positive (the new financing facility and significant dealer network expansion constitute material developments that positively impact the company’s growth trajectory).