SATO Technologies Corp. Provides Strategic Review and Operational Update

Executive Summary

• SATO Technologies Corp. is conducting a strategic review of its flagship Center One facility and non‑core assets to preserve financial flexibility amid volatile digital‑asset markets.
• The company entered into a forbearance agreement with Sygnum Bank AG, deferring loan payments through January 31 2026, indicating liquidity pressure.
• Approximately 15 % of the mining fleet has been temporarily down‑clocked to reduce operating costs during compressed margins.

Key Details

• Strategic Review – Center One: Evaluation of potential outcomes including sale, partnership, hosting arrangements, joint ventures, or other value‑enhancing structures; exploratory and aimed at preserving optionality.
• Non‑Core Asset Review: Ongoing assessment of monetization opportunities for surplus assets; no expected impact on core operations.
• Capital Market Flexibility: Continued evaluation of financing alternatives and strategic transactions to support long‑term strategy.
• Forbearance Agreement (Sygnum Bank AG): Effective Dec 1 2025, Sygnum agreed to forgo enforcement of loan payments under the master loan agreement (originally dated July 15 2022, amended July 19 2023) from Nov 1 2025 to Jan 31 2026.
• Fleet Optimization: Temporary down‑clocking of ~15 % of mining equipment to lower operating costs amid reduced margins.

Notable Quotes

• “We remain focused on maintaining financial and operational flexibility while exploring strategic alternatives that enhance long‑term shareholder value.” – Romain Nouzareth, CEO & Chairman, SATO Technologies Corp.