Quantum Cyber Addresses Short Seller Biased Report

About this update from Quantum Cyber N.v.

Company Retains Investigative and Litigation Specialist Firms and Begins Assessing Damages in Response to Self-Interested Short-Seller Report WEST PALM BEACH, Florida, July 06, 2026 (GLOBE NEWSWIRE) -- Quantum Cyber N.V. (Nasdaq: QUCY) ("Quantum Cyber" or the "Company"), a Nasdaq-listed autonomous defense technology company assembling an AI-powered System-of-Systems platform for drone warfare, counter-UAS, and border security applications, today responded to a recently published short-seller report (the "Short-Seller Report"). The Company believes the Short-Seller Report contains materially misleading characterizations of its capital structure, business strategy, and technology relationships, and is providing the following clarifications so that shareholders have accurate, sourced information. The Short-Seller-Report was made by a short-selling institute recently sued by a Nasdaq-traded company for $20M for similar actions. The Company notes that reports of this nature are typically published by parties that hold, or stand to benefit from, a short position in the subject company's securities, and that such parties are financially incentivized by a decline in the share price. The Company encourages all shareholders to rely on its filings with the U.S. Securities and Exchange Commission ("SEC") and its official disclosures. Capital Structure Is Fully Disclosed and Subject to Shareholder Approval The Short-Seller Report inaccurately characterizes the Company's capital structure as containing a "hidden" share count. The convertible preferred securities referenced therein, and their potential conversion into ordinary shares, are fully described in the Company's public filings with the SEC and in the Company's prior press releases. This information is publicly available and has been disclosed. The $6,000,000 referenced in the Short-Seller Report represents capital that David Lazar, the Company's Chief Executive Officer, has invested into the Company to fund its operations and growth strategy, capital that aligns his interests with those of shareholders rather than positioning him as a seller. As an officer and director, Mr. Lazar is subject to Section 16 of the Securities Exchange Act of 1934, to applicable insider-trading laws and trading-window restrictions, to public reporting requirements, and to Rule 144 affiliate resale restrictions. Any transaction by Mr. Lazar in the Company's securities would be publicly reported and legally constrained. The "insider dump" narrative advanced in the report is inconsistent with these facts.

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