Torrent Capital Provides Preliminary January Portfolio and Net Asset Value (NAV) Update

Executive Summary

• Torrent Capital reported an estimated NAV of $32.9 million ($0.86 per share) as of January 31, 2026, a modest increase from the prior month.
• Cash and cash equivalents remained stable at $1.6 million.
• The company continued active portfolio optimization, exiting under‑performing holdings and redeploying capital while generating incremental cash flow through option‑writing strategies.

Key Details

• NAV: $32.9 million total; $0.86 per common share (up from $32.4 million / $0.85 per share at 12/31/2025).
• Cash Position: $1.6 million in cash and cash equivalents, unchanged from the prior month.
• Portfolio Management Activity: Ongoing exit of under‑performing holdings with redeployment into new investments during January 2026.
• Performance Drivers: Utilization of option‑writing strategies on select equity positions to generate incremental cash flows.
• Preliminary Nature: Figures are unaudited, expressed in Canadian dollars, and subject to adjustment after standard closing procedures; final results will appear in the unaudited financial statements and MD&A for the quarter ended March 31, 2026 (to be filed on or before May 29, 2026).

Notable Quotes

• “NAV per share saw a modest uptick in January as we continued to actively shape and optimize our portfolio,” said Wade Dawe, CEO. “We remain disciplined in how we deploy capital, maintaining liquidity as we position the company to take advantage of emerging opportunities throughout 2026.”