SQID Technologies Limited — Capital/Financing Update 2025

Dec 18, 2025

SQID

SQID TECHNOLOGIES LIMITED

NEWS RELEASE

SQID TECHNOLOGIES LIMITED

December 18, 2025 – SQID Technologies Limited (CSE: SQID)

The Company announces that on December 29, 2025 it will close a private placement of 7,200,000 common shares (“Shares”) at a price of $0.005 per Share to raise CAD $36,000. The $36,000 will be used for general working capital and to pay non-arms length accounts payable. No funds will be paid to insiders. All Shares will be restricted from trading for a period of four month and one day from the date of issue.

Two insiders, both directors, Michael Clarke and Athan Lekkas are purchasing Shares: Michael Clarke – 1,882,556 Shares, Athan Lekkas – 3,660,000 Shares. On closing Michael Clarke will own 8.71% of the Shares and Athan Lekkas will own 16.93% of the Shares. There will not be a change of control.

On behalf of the board of directors

For more information, please contact:

Athan Lekkas

Chairman and CEO

Email: athan@dalext.com

Telephone: +61 3 9682 2966

About SQID Technologies

SQID Technologies is an Australian based company engaged in payment solutions and investment portfolio management. It provides merchant services and payment transaction processing to business merchants and e-commerce customers across both Business to Business (B2B) and Business to Consumer (B2C) segments through its leading partner’s platform (Merchant Warriors). For more information on SQID please visit https://sqidpayments.com.au.

THE CANADIAN SECURITIES EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE.

FORWARD LOOKING INFORMATION

Any forward-looking statements in this news release are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, its directors and management.