Data Watts Corporate Update

About this update from Data Watts Partners Inc.

Vancouver, British Columbia--(Newsfile Corp. - June 26, 2026) - Data Watts Partners Inc. (CSE: DWTZ) ("Data Watts" or the "Company"), an investment issuer at the forefront of the Data Watts economy announces the following: DEBT SETTLEMENT The Company has entered into debt settlement agreements with two directors of the Company, pursuant to which the Company has agreed to issue an aggregate of 300,000 shares (each, a "Share") (75,000 Shares at $0.1466 per and 225,000 Shares at $0.2611 per) to settle a total indebtedness of CAD$69,750. The debt settlement is subject to the approval of the Canadian Securities Exchange (the "CSE"). On closing, the shares will be subject to a statutory hold period of 4 months and one day. CHANGE OF DIRECTORS The Company announces the appointment of Mr. Shane Lowry as a new director of the Company effective June 25, 2026 and the concurrent resignation of Mr. Michael Sweatman. The Company wishes to thank Mr. Sweatman for his valuable contributions over the years to the Company. STOCK OPTION GRANT The Company announces it has granted to a director 185,000 incentive stock options with a strike price of $0.20 per common share until June 26, 2028. ISSUANCE OF LOAN BONUS WARRANTS IN CONNECTION WITH PROMISSORY NOTES The Company announces that, further to its news release dated April 24, 2025, it has entered into: i) an amended and restated promissory note (the "Amended Note"); and ii) a new promissory note (the "Lender Note") with an individual lender (the "Lender") and intends to issue loan bonus warrants in connection therewith, subject to approval of the Canadian Securities Exchange (the "CSE"). The Amended Note restates in its entirety the promissory note made effective April 25, 2025, Company, as borrower. The principal amount advanced to the Company under the Original Note is CDN$77,281.25, bearing simple interest at a rate of 7% per annum calculated from April 25, 2025, for a total amount outstanding of CDN$82,690.94 as at April 25, 2026, inclusive of accrued interest of CDN$5,409.69. The Amended Note matures on April 25, 2027. In connection with the Amended Note, the Company intends to issue, subject to CSE approval, 1,000,000 transferable common share purchase warrants (the "Warrants"). Each Warrant entitles the lender to acquire one (1) common share in the capital of the Company at an exercise price of CDN$0.15 per share for...

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