Author: Ravi Shankar

188% increase in Gross Profit, growth in net assets to $106 million

Company restructure in H1 2026 has resulted in profitable operating units, 99% reduction in third-party debt.

79% reduction in total net loss to $4 million, down from $19 million in first half of 2025.

Legal wins have removed constraints to future growth of its dual AI and Bitcoin treasury plans.

SINGAPORE, Sept. 28, 2026 (GLOBE NEWSWIRE) — Genius Group Limited (NYSE American: GNS) (“Genius Group”, “GNS” or the “Company”), a leading AI-powered education group, today announced its unaudited financial results for the six months ended June 30, 2026.

Roger Hamilton, CEO of Genius Group, said: “The first half of 2026 was a period of restructuring. We closed or restructured loss-making divisions, paid down 99% of all third-party debt, and rebuilt the Group around three operating units: Genius School, Genius Academy and Genius Resorts. As a result, the group achieved 140% increase in revenue, with $6.4 million net profit from operating businesses.”

“Since the end of the period, the last of the constraints on the business has been removed. On August 31, 2026 the U.S. Court of Appeals for the Second Circuit vacated the preliminary injunction that had restrained the Company from issuing shares, raising capital and purchasing Bitcoin, and we received a final ICC arbitration award in our favor of $7,971,168.53 together with the return of 7,387,374 shares. That allows us to pursue the $1.2 billion capital plan approved by our Board, to fund our dual AI and Bitcoin treasury, and to scale the Genius OS product suite and the Genius City model we launched in Bali. We are focused on building our net asset per share, and further to the growth in our net assets to $106 million, our net asset per share has grown to $0.61 per share.”

The results presented in this release are for the six months ended June 30, 2026 and are unaudited. They include a full six months of the entities acquired in the second half of 2025 – Entrepreneur Resorts Pte Ltd, Tau Game Lodge, Matla Game Lodge, Vision Villa Resort and Genius Cafe, all completed on July 31, 2025, and ProEd Global School, completed in November 2025 – whereas the comparative period ended June 30, 2025 does not include them. Revealed Films, which closed on May 13, 2026, and E-Squared Education Enterprises, which closed in 2025, are presented within discontinued operations for both periods. The unaudited condensed consolidated financial statements for the six months ended June 30, 2026 have been reviewed by the Company’s auditor and are compared with the reviewed unaudited financial statements for the six months ended June 30, 2025.

Financial Highlights for the First Half of 2026

	●	140% increase in revenue from continuing operations of $6.2 million, compared to $2.6 million in the first half of 2025. The increase was driven by $2.1 million of Resorts revenue following the acquisitions completed in July 2025 and growth in School revenue to $2.3 million from $0.4 million. Academy revenue was $1.7 million.
	●	188% increase in gross profit to $3.5 million from $1.2 million, driven by a focus on higher margin education programs with gross margin improving to 56.6% from 47.1%.
	●	A decrease in operating expenses to $12.1 million, compared to $12.7 million in the first half of 2025. The decrease was primarily driven by a $2.8 million reduction in stock-based compensation together with lower depreciation and amortization and lower foreign exchange losses, and a reduction in underlying general and administrative costs.
	●	A reversal in operational performance to $6.4 million net profit from operations, compared to $2.8 million net loss from operations in the first half of 2025.
	●	35% reduction in net loss from treasury and central costs to $10.5 million from $16.2 million in the first half of 2025, after taking into account one-off costs including a $3.1 million charge from the reduction in its Bitcoin Treasury and $1.2 million in non-recurring expenses.
	●	79% reduction in total net loss to $4.0 million, compared to $19 million in the first half of 2025.
	●	Basic and diluted loss per share of $(0.06), based on 162.6 million weighted-average shares outstanding, compared to a loss per share of $(0.34) on 53.2 million weighted-average shares in the first half of 2025 on a continuing basis.
	●	Cash and cash equivalents of $1.9 million as of June 30, 2026, compared to $2.4 million as of December 31, 2025. The decrease reflects $8.2 million used in investing activities: principally a $7.7 million purchase of a senior secured convertible note, convertible at the Company’s election into 9.9% equity in the Jewel Bank which was partly offset by $6.7 million generated from operating activities and $1.5 million from financing activities (primarily $11.3 million of share issuance proceeds, net of $8.6 million of debt repayment).
	●	Total current assets of $10.10 million, compared to $23.9 million as of December 31, 2025 due to the disposal of the Group’s digital assets, the proceeds of which were applied to repay the associated Bitcoin-backed loan and the Group’s remaining third-party debt.
	●	Total assets of $131.5 million, compared to $136.9 million as of December 31, 2025, with total liabilities reduced by 37% to $25.5 million from $40.3 million.
	●	Net assets of $105.97 million as of June 30, 2026, compared to $96.62 million as of December 31, 2025, representing a 10% increase, and resulting in Net Asset Value per Share (NAVPS) of $0.61 per share.

Strategic and Operational Highlights for the First Half of 2026

	●	Closure or restructuring of loss-making divisions, including the closure of Revealed Films on May 13, 2026, leaving three operating units: Genius School, Genius Academy and Genius Resorts.
	●	Sale of the remainder of the Company’s Bitcoin Treasury and repayment of the Company’s third-party debt, reducing total liabilities by 37% to $25.5 million.
	●	Growth in net assets to $106 million at June 30, 2026 from $96.6 million at December 31, 2025, with net asset value per share adopted as a primary performance measure.
	●	Launch and scaling of Student AI and Teacher AI, which reached approximately 300,000 users during 2026.
	●	Completion in February 2026 of the share count exercise under the Asset Purchase Agreement with Entrepreneur Resorts Ltd, with 16.7 million ERL shares converting to GNS shares.
	●	Buyback of 6,037,851 ordinary shares and cancellation of 20,000,000 ordinary shares in June 2026, equivalent to 16% of the Company’s public float.
	●	Continued progress on the Company’s legal actions, including its appeal against the preliminary injunction and its ICC arbitration claim.

Recent Strategic and Operational Highlights

	●	Launch on July 21, 2026 of Genius OS, the Company’s full AI-agent product suite spanning Genius School, Genius Academy, Genius Resorts and Genius City, connecting to over 300 AI models and offered on free, $9 per month and $90 per month subscription tiers.
	●	Award of a Five-Star Hotel rating to Vision Villa Resort in Bali in July 2026 under Indonesia’s Star Hotel Tourism Business Certification Scheme.
	●	Second round of the Company’s Share Loyalty Bonus Program, with a record date of July 31, 2026 and a cash bonus of $0.10 per qualifying share for shares held in book entry through January 30, 2027. Directors, officers and employees do not qualify.
	●	Launch in August 2026 of the first phase of the $14 million Genius City joint venture at Nuanu Creative City, Bali, comprising Genius Zone, Genius Cafe, Genius Missions and Genius School.
	●	Opening of the 2026/27 school year at the Nuanu campus with 235 students, approximately 65% year-on-year enrolment growth, with capacity across the Company’s Bali campuses expanded to approximately 1,000 students.
	●	Net assets of $105.97 million and net asset value per share of $0.61 based on 173.4 million issued shares.
	●	Announcement on August 27, 2026 of a five-year capital plan under the Company’s $1.2 billion shelf registration, to be funded through the issuance of a publicly registered Perpetual Preferred Security with an initial offering targeted at $12.5 million. Targets under that capital plan of $800 million in AI treasury assets and $827 million in Bitcoin treasury assets, and $2 billion in total assets by the financial year ending 2031.
	●	Shareholder authorization for the issuance of preferred shares and for the buyback of up to 20% of the Company’s ordinary shares.
	●	Vacatur, by summary order of the U.S. Court of Appeals for the Second Circuit dated August 31, 2026, of the preliminary injunction entered by the U.S. District Court for the Southern District of New York on March 13, 2025, which had restrained the Company from issuing shares, raising capital and purchasing Bitcoin. The matter has been remanded to the district court for further proceedings.
	●	Final ICC arbitration award in the Company’s favor, entitling the Company to the return of 7,387,374 ordinary shares, monetary damages of $6,595,180 and legal fees and expenses of $1,375,988.53, a total of $7,971,168.53.

Gaurav Dama, CFO of Genius Group, said: “Our priority in the first half was to put the balance sheet on a sound footing. We disposed of the remaining Bitcoin Treasury and repaid third-party debt, which reduced total liabilities by 37% to $25.5 million and lifted net assets 10% to $106 million. At the same time we closed or restructured loss-making divisions and held central costs down. Each operating unit is now expected to fund its own growth, and with the injunction lifted we are able to raise capital on planned terms rather than opportunistically. Net asset value per share remains our reporting focus.”

Other

The audit report on the Company’s audited consolidated financial statements for the fiscal year ended December 31, 2025, included in the Company’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 9, 2026, was prepared on a going concern basis. The Company’s unaudited condensed consolidated financial statements as of June 30, 2026 have also been prepared on a going concern basis.

About Genius Group

Genius Group (NYSE American: GNS) delivers AI-powered education and acceleration solutions for the future of work. The Group serves 6 million users in over 100 countries through its Genius City model and its online marketplace of AI training, AI tools and AI talent, providing personalized, entrepreneurial AI pathways at individual, enterprise and government level. To learn more, please visit www.geniusgroup.net.

Investor Notice

Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described in our most recent Annual Report on Form 20-F, as amended for the fiscal year ended December 31, 2025, filed with the SEC on March 9, 2026. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See “Forward-Looking Statements” below.

Forward-Looking Statements

Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company’s Annual Reports on Form 20-F, as may be supplemented or amended by the Company’s Reports of a Foreign Private Issuer on Form 6-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.

GENIUS GROUP LIMITED AND ITS SUBSIDIARIES
CONSOLIDATED BALANCE SHEET
(Expressed In US Dollars)

		As of June 30, 2026				As of December 31, 2025
		(Unaudited)				(Audited)
Assets
Current Assets
Cash and cash equivalents			1,883,775				2,422,988
Accounts receivable, net			1,066,049				1,122,988
Other receivables			1,734,079				1,734,281
Due from related parties			3,572,192				388,129
Digital assets			–				14,901,321
Inventories			211,532				682,575
Prepaid expenses and other current assets			1,631,115				2,613,014
Total Current Assets			10,098,742				23,865,296
Property and equipment, net			13,046,614				12,946,708
Operating lease right-of-use asset			2,136,932				2,315,726
Investments at fair value			9,998,751				1,396,266
Investments in joint venture			5,100,000				5,100,000
Goodwill			44,784,037				44,792,535
Intangible assets, net			9,580,637				9,763,092
Other receivables			795,492				814,457
Other non-current assets			35,941,962				35,941,961
Total Assets			131,483,167				136,936,041
Liabilities and Shareholders’ Equity
Current Liabilities
Accounts payable			6,539,417				4,253,912
Accrued expenses and other current liabilities			2,677,214				3,564,543
Deferred revenue			4,059,913				3,886,345
Income tax payable			50,630				71,263
Due to related parties			1,169,741				7,009,162
Operating lease liabilities – current portion			325,264				234,169
Loans payable – current portion			101,532				8,577,774
Short term debt			25,000				25,000
Total Current Liabilities			14,948,711				27,622,168
Due to related parties			9,239,094				9,722,569
Operating lease liabilities – non current portion			1,939,977				2,066,167
Deferred tax liability			(626,267	)			907,500
Loans payable – non-current portion			6,784				–
Total Liabilities			25,508,299				40,318,404
Commitments and Contingencies Shareholders’ Equity:
Contributed capital			251,089,794				238,695,979
Treasury shares			(4,346,764	)			(4,346,764	)
Reserves			(6,188,838	)			(7,131,612	)
Accumulated deficit			(141,681,155	)			(137,963,053	)
Capital and reserves attributable to owners of Genius Group Ltd			98,873,037				89,254,550
Non controlling interest			7,101,831				7,363,087
Total Shareholders’ Equity			105,974,868				96,617,637
Total Liabilities and Shareholders’ Equity			131,483,167				136,936,041

GENIUS GROUP LIMITED AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(Expressed In US Dollars)

		For the Six months ended
		Jun 30, 2026				June 30, 2025
		(Unaudited)				(Unaudited)
Revenue		$	6,199,005			$	2,585,564
Cost of revenue			(2,690,593	)			(1,367,536	)
Gross profit			3,508,412				1,218,028
Operating (Expenses) Income
General and administrative			(10,539,710	)			(10,638,567	)
Depreciation and amortization			(357,282	)			(727,573	)
Other operating income			17,214				418
Legal expenses			(1,247,189	)			(1,023,496	)
Loss from foreign currency transactions			(22,933	)			(272,299	)
Total operating expenses			(12,149,900	)			(12,661,517	)
Loss from Operations			(8,641,488	)			(11,443,489	)
(Expense) Income
Interest expense, net			(500,962	)			(735,670	)
Loss on sale of Digital asset			(3,138,337	)			(5,873,799	)
Reversal of impairment loss			3,179,313				–
Other expense			(8,293	)			–
Other income			45,828				3,083
Total Other Expense			(422,451	)			(6,606,386	)
Loss Before Income Tax from continuing operations			(9,063,939	)			(18,049,875	)
Income Tax (Expense) / Benefit			(544	)			1,186
Net Loss from continuing operations			(9,064,483	)			(18,048,689	)
Profit/(Loss) from discontinued operations, net of tax			5,085,125				(954,852	)
Net Loss			(3,979,358	)			(19,003,541	)
Other comprehensive income/(loss):
Foreign currency translation			942,774				481,899
Total Comprehensive Loss			(3,036,584	)			(18,521,642	)
Total Comprehensive Loss is attributable to:
Owners of Genius Group Ltd			(2,775,328	)			(18,492,255	)
Non controlling interest			(261,256	)			(29,387	)
Total Comprehensive Loss			(3,036,584	)			(18,521,642	)
Weighted-average number of shares outstanding, basic and diluted			162,675,202				53,195,540
Basic and diluted loss per share from continuing operations			(0.06	)			(0.34	)

GENIUS GROUP LIMITED AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Expressed In US Dollars)

		For the Six months Ended
		June 30, 2026				June 30, 2025
		(Unaudited)				(Unaudited)
Cash Flows from Operating Activities
Net loss		$	(3,979,358	)		$	(19,003,541	)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation			1,010,000				(405,897	)
Depreciation and amortization			618,126				1,021,476
Interest expense			500,962				735,670
Provision for allowance of credit loss			–				2,080
Loss on foreign exchange transactions			22,933				272,299
Loss on sale of Digital asset			3,138,337				5,873,799
Reversal of impairment loss			(3,179,313	)			–
Gain on dissolution of a subsidiary			(5,495,192	)			–
Non-cash share issuance			126,210				–
Changes in operating assets and liabilities:
Accounts receivable			56,939				1,243,818
Other receivable			19,167				(73,594	)
Prepaid expenses and other current assets			61,392				(3,920,266	)
Digital assets			11,762,984				13,842,727
Inventories			471,041				–
Accounts payable			2,285,505				830,599
Accrued expenses and other current liabilities			(887,329	)			(445,310	)
Deferred revenue			173,568				(296,561	)
Income tax payable			(41,828	)			(59,611	)
Net Cash Provided by (Used in) Operating Activities			6,664,144				(382,312	)
Cash Flows from Investing Activities
Internally developed software			(78,389	)			(149,873	)
Purchase of property, equipment and intangibles, net			(429,750	)			(4,499	)
Investment at fair value			(7,657,625	)			(40,000	)
Net Cash Used in Investing Activities			(8,165,764	)			(194,372	)
Cash Flows from Financing Activities
Amount due to/from related party, net			(832,454	)			341,042
Interest paid			(372,760	)			(735,670	)
Proceeds from equity issuances, net			11,322,745				7,311,098
Repayment of borrowings, net			(8,597,662	)			(5,416,255	)
Lease payments			(35,096	)			–
Net Cash Provided by Financing Activities			1,484,773				1,500,215
Effect of Exchange Rate Changes on Cash			(522,366	)			155,515
Net Increase / (Decrease) in Cash			(539,213	)			1,079,046
Cash – Beginning of period			2,422,988				1,614,933
Cash – End of period			1,883,775				2,693,979

Summary Consolidated Financial Data

		Unaudited Financials Six Months Ended (USD 000’s)								Audited Financials Year Ended (USD 000’s)
Summary Income Data:		June 30, 2026				June 30, 2025				December 31, 2025				December 31, 2024
Revenue			6,199				2,586				8,102				6,743
Cost of revenue			(2,691	)			(1,368	)			(4,346	)			(3,754	)
Gross profit			3,508				1,218				3,756				2,989
Other Operating Income			17				–				258				24
Operating Expenses			(12,167	)			(12,661	)			(26,836	)			(20,804	)
Operating Loss			(8,642	)			(11,443	)			(22,822	)			(17,791	)
Other income			3,226				3				–				5,032
Other Expense			(3,646	)			(6,609	)			(25,892	)			(6,822	)
Net Loss Before Tax			(9,062	)			(18,049	)			(48,714	)			(19,581	)
Tax (Expense)/Benefits			(1	)			1				(653	)			2,252
Net Loss from continuing operations			(9,063	)			(18,048	)			(49,367	)			(17,329	)
(Loss)/ Profit from discontinued operations, net of tax			5,085				(955	)			(6,090	)			(7,611	)
Net loss			(3,978	)			(19,003	)			(55,457	)			(24,940	)
Other Comprehensive Income/(Loss)			942				482				1,151				(49	)
Total Loss			(3,036	)			(18,521	)			(54,306	)			(24,989	)
Net loss per share, basic and diluted from continuing operations			(0.06	)			(0.34	)			(0.48	)			(0.71	)
Weighted-average number of shares outstanding, basic and diluted			162,675,202				53,195,540				101,452,196				24,153,220

		Unaudited Financials Six Months Ended, (USD 000’s)				Audited Financials Year Ended (USD 000’s)
		June 30, 2026				December 31, 2025				December 31, 2024
Summary Balance Sheet Data:
Total current assets			10,099				23,865				42,419
Total non-current assets			121,385				113,071				58,636
Total Assets			131,484				136,936				101,055
Total current liabilities			14,949				27,622				11,609
Total non-current liabilities			10,560				12,696				10,036
Total Liabilities			25,509				40,318				21,645
Total Shareholders’ Equity			105,975				96,618				79,410
Total Liabilities and Shareholders’ Equity			131,484				136,936				101,055

Operational and Central Results

In addition to our IFRS results, we present our results split between “Operational” and “Central”. Operational comprises the Group’s operating businesses — Genius School, Genius Academy and Genius Resorts, together with the entities that support them — and includes all of the Group’s revenue and cost of revenue and the operating expenses of those businesses. Central comprises the holding company: group head office and corporate costs, financing costs, and the Group’s treasury activities, including its digital asset holdings. Each line of the Operational and Central columns sums to the corresponding line of the consolidated statement of operations, and the Total column agrees to that statement in every period presented.

Summary Financial Data (Operational Metrics)

		June 30, 2026												June 30, 2025
Summary Income Data:		Operational				Central				Total				Operational				Central				Total
Revenue			6,199				–				6,199				2,586				–				2,586
Cost of revenue			(2,691	)			–				(2,691	)			(1,368	)			–				(1,368	)
Gross profit			3,508				–				3,508				1,218				–				1,218
Other Operating Income			17				–				17				–				–				–
Operating Expenses			(4,856	)			(7,311	)			(12,167	)			(2,331	)			(10,330	)			(12,661	)
Operating profit (Loss)			(1,331	)			(7,311	)			(8,642	)			(1,113	)			(10,330	)			(11,443	)
Other Income			3,220				6				3,226				3				–				3
Other Expense			(499	)			(3,147	)			(3,646	)			(735	)			(5,874	)			(6,609	)
Net Income (Loss) Before Tax			1,390				(10,452	)			(9,062	)			(1,845	)			(16,204	)			(18,049	)
Tax Expense			(1	)			–				(1	)			–				1				1
Net Income (Loss) After Tax from continuing operations			1,389				(10,452	)			(9,063	)			(1,845	)			(16,203	)			(18,048	)
(Loss)/ Profit from discontinued operations, net of tax			5,085				–				5,085				(955	)			–				(955	)
Net Income (Loss) After Tax			6,474				(10,452	)			(3,978	)			(2,800	)			(16,203	)			(19,003	)
Other Comprehensive Income/(loss)			942				–				942				482				–				482
Total Income (Loss)			7,416				(10,452	)			(3,036	)			(2,318	)			(16,203	)			(18,521	)

Non-IFRS Financial Measure

We have included Adjusted EBITDA because it is a key measure used by our management and board of directors to understand and evaluate our core operating performance and trends, to prepare and approve our annual budget and to develop short- and long-term operational plans. In particular, the exclusion of certain expenses in calculating Adjusted EBITDA can provide a useful measure for period-to-period comparisons of our core business.

We calculate Adjusted EBITDA from continuing operations as net loss from continuing operations, plus income tax expense or benefit, net interest expense, depreciation and amortization, non-recurring legal expenses, impairment charges and reversals of impairment, revaluation adjustments, the loss on disposal of Bitcoin, share-based compensation expense, bad debt provisions and write-offs. Adjusted EBITDA for the financial years ended December 31, 2025 and December 31, 2024 has been recalculated on the same continuing-operations basis and therefore differs from the amounts previously reported. The difference arises solely from the change in presentation, under which the results of divisions now reported within discontinued operations are excluded from Adjusted EBITDA in all periods presented; the amounts previously reported in the Company’s Annual Report on Form 20-F were calculated on a total-operations basis and are therefore not directly comparable.

Derived from Financial Statements

		Genius Group Unaudited Financials Six Months Ended (USD 000’s)								Group Audited Financials Year Ended (USD 000’s)
		June 30, 2026				June 30, 2025				December 31, 2025				December 31, 2024
Net Loss from continuing operations			(9,063	)			(18,048	)			(49,367	)			(17,329	)
Tax Benefits			1				(1	)			653				(2,252	)
Interest Expense, net			501				736				3,391				1,146
Depreciation and Amortization			618				1,021				2,332				2,059
Legal expense (non-recurring)			1,247				1,023				3,407				2,579
Addition/ (Reversal) of Impairment			(3,179	)			–				16,372				7,647
Revaluation adjustment			–				–				3,641				(3,714	)
Loss on disposal of bitcoin			3,138				5,874				5,805				–
Stock Based Compensation			1,010				3,860				7,574				4,218
Bad Debt Provision			–				2				(267	)			(575	)
Write off			2				–				–				–
Adjusted EBITDA from continuing operations			(5,725	)			(5,533	)			(6,459	)			(6,221	)

Adjusted EBITDA (Operational Metrics)

		June 30, 2026												June 30, 2025
		Operational				Central				Total				Operational				Central				Total
Net Income (Loss) from continuing operations			1,389				(10,452	)			(9,063	)			(1,845	)			(16,203	)			(18,048	)
Tax Expense			1				–				1				–				(1	)			(1	)
Interest Expense, net			373				128				501				736				–				736
Depreciation and Amortization			618				–				618				1,019				2				1,021
Reversal of impairment (due from related parties)			(3,179	)			–				(3,179	)			–				–				–
Loss on Disposal of Bitcoin			–				3,138				3,138				–				5,874				5,874
One off expenses (non-recurring)			–				1,247				1,247				–				1,023				1,023
Stock Based Compensation			–				1,010				1,010				–				3,860				3,860
Write off			–				2				2				–				–				–
Bad Debt Provision			–				–				–				2				–				2
Adjusted EBITDA, from continuing operations			(798	)			(4,927	)			(5,725	)			(88	)			(5,445	)			(5,533	)

Contacts

Investors:

Investor Relations Team
Email: investor@geniusgroup.net

ANNOUNCEMENT

A.P. Møller – Mærsk A/S – Transactions in connection with share buy-back program
On 5 February 2026, A.P. Møller – Mærsk A/S (the “Company”) announced a share buy-back program of up to DKK 6.3bn (around USD 1bn) to be executed over a period of 12 months. The second phase of the share buy-back program will run from 13 August 2026 up to 29 January 2027. The shares to be acquired will be limited to a total market value of DKK 3.15 billion (around USD 500m).

The share buy-back program will be executed under EU Commission Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 (the “Safe Harbour Regulation”).

The following transactions have been made under the program in the period 21 September to 25 September 2026:                        

	Number of A shares	Average purchase price A shares, DKK	Transaction value, A shares, DKK
Accumulated, last announcement	45,448		753,771,360
21 September 2026	250	22,539.2800	5,634,820
22 September 2026	250	22,324.8000	5,581,200
23 September 2026	250	22,072.8800	5,518,220
24 September 2026	250	22,721.3600	5,680,340
25 September 2026	250	22,561.2000	5,640,300
Total 21-25 September 2026	1,250		28,054,880
Accumulated in the second phase of the program	8,450		179,471,870
Accumulated under the program	46,698		781,826,240
	Number of B shares	Average purchase price B shares, DKK	Transaction value, B shares, DKK
Accumulated, last announcement (market and the Foundation)	181,792		3,086,785,999
21 September 2026	877	23,350.7298	20,478,590
22 September 2026	877	23,154.4242	20,306,430
23 September 2026	877	22,849.9202	20,039,380
24 September 2026	877	23,602.6226	20,699,500
25 September 2026	877	23,440.1254	20,556,990
Total 21-25 September 2026	4,385		102,080,890
Bought from the Foundation*	615	23,279.5644	14,316,932
Accumulated in the second phase of the program (market and the Foundation)	33,800		745,315,547
Accumulated under the program (market and the Foundation)	186,792		3,203,183,822

*) According to a separate agreement, A.P. Møller og Hustru Chastine Mc-Kinney Møllers Familiefond (the Foundation) participates on a pro rata basis to the shares purchased in the share buy-back program.

With the transactions stated above, the Company owns a total of 46,698 A shares and 246,430 B shares as treasury shares, corresponding to 1.99% of the share capital. Details of each transaction are included as appendix.

Copenhagen, 28 September 2026

Contact persons:
Head of Investor Relations, Martin Dunwoodie, tel. +45 3363 3484
Head of Media Relations, Jesper Lov, tel. +45 6114 1521

Page 1 of 1

Attachments

• Announcement – Transactions in connection with share buy-back program – week 39 2026
• Daily transactions in connection with share buy-back program – week 39 2026

Appointment reinforces company’s commitment to expand owner engagement, increase customer lifetime value and strengthen brand loyalty across its portfolio of premium brands

EDEN PRAIRIE, Minn., Sept. 28, 2026 (GLOBE NEWSWIRE) — Winnebago Industries, Inc. (NYSE: WGO), a leading manufacturer of outdoor recreation products, today announced the appointment of Simone Silva as vice president, aftermarket and enterprise customer experience, effective October 15, 2026.

In this newly created role, Silva will lead the company’s efforts to grow its aftermarket business across its portfolio of premium brands while advancing a unified vision for customer experience excellence. Working across business units, she will help accelerate initiatives that strengthen owner engagement, enhance the ownership journey, and create new opportunities for long-term, profitable growth.

“This role reflects our commitment to serving customers beyond the initial purchase and strengthening our connection with owners throughout their journey,” said Amber Holm, chief marketing and experience officer at Winnebago Industries. “Simone has a proven track record of building customer-focused organizations and leading transformational change. Her ability to align teams around a shared customer vision, combined with deep expertise in quality, service, and customer engagement, makes her uniquely qualified to help us elevate the ownership experience and expand our aftermarket business.”

Silva has over two decades of experience as a customer service leader, most recently serving as vice president of quality and customer experience at Newmar, where she helped strengthen customer satisfaction and enhance the ownership experience for one of the recreational vehicle industry’s most respected luxury brands. Previously, she held global leadership positions at Whirlpool Corporation and Volkswagen, overseeing customer experience, consumer services, and quality initiatives across multiple businesses and brands.

“Our portfolio includes some of the most trusted and respected brands in outdoor recreation, supported by highly engaged owners and a deep commitment to innovation,” said Silva. “I’m excited to join the team and help build on that foundation by creating an even better ownership experience for customers. We have a tremendous opportunity to serve owners throughout their journey, strengthen lifelong relationships with our brands, and support the company’s long-term growth ambitions.”

About Winnebago Industries

Winnebago Industries, Inc. is a leading North American manufacturer of outdoor recreation products under the Winnebago, Grand Design, Chris-Craft, Newmar and Barletta brands, which are used primarily in leisure travel and outdoor recreation activities. The Company builds high-quality motorhomes, travel trailers, fifth-wheel products, outboard and sterndrive powerboats, pontoons, and commercial community outreach vehicles. Committed to advancing sustainable innovation and leveraging vertical integration in key component areas, Winnebago Industries has multiple facilities in Iowa, Indiana, Minnesota and Florida. The Company’s common stock is listed on the New York Stock Exchange and traded under the symbol WGO. For access to Winnebago Industries’ investor relations material or to add your name to an automatic email list for Company news releases, visit http://investor.wgo.net.

Media Contact: Daniel Sullivan media@winnebagoind.com

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, Sept. 28, 2026 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Fairfax India of its intention to commence a Normal Course Issuer Bid for its Subordinate Voting Shares through the facilities of the TSX (or other alternative Canadian trading systems) effective September 30, 2026. Purchases will be made in accordance with the rules and policies of the TSX and the Subordinate Voting Shares purchased by Fairfax India will be cancelled and/or reserved for share based payment awards.

The notice provides that Fairfax India’s board of directors has approved the purchase on the TSX, during the period commencing September 30, 2026 and ending September 29, 2027, of up to 5,487,794 Subordinate Voting Shares, representing approximately 10% of Fairfax India’s public float of 54,877,943 Subordinate Voting Shares as at September 16, 2026. As at September 16, 2026, Fairfax India had outstanding 104,218,804 Subordinate Voting Shares. Under the bid, Fairfax India may purchase up to 11,012 Subordinate Voting Shares on the TSX (or other alternative Canadian trading systems) during any trading day, which represents 25% of the average daily trading volume on the TSX for the prior six months (being 44,049 Subordinate Voting Shares), all as calculated in accordance with the rules of the TSX. This limitation does not apply to purchases made pursuant to block purchase exemptions.

Fairfax India is making this Normal Course Issuer Bid because it believes that in appropriate circumstances its Subordinate Voting Shares represent an attractive investment opportunity and that purchases under the bid will enhance the value of the Subordinate Voting Shares held by the remaining shareholders.

Pursuant to its existing Normal Course Issuer Bid, Fairfax India sought and received approval from the TSX to purchase up to 5,551,115 Subordinate Voting Shares, and has purchased to date 1,071,236 Subordinate Voting Shares during the last twelve months through open market purchases on the TSX and other alternative Canadian trading systems at a volume weighted average price per share of US$16.90.

Fairfax India also announces that it has entered into an automatic share purchase plan (the “ASPP”) with a designated broker to allow for the purchase of its Subordinate Voting Shares under its Normal Course Issuer Bid at times when Fairfax India normally would not be active in the market due to applicable regulatory restrictions or internal trading black-out periods. Before the commencement of any particular internal trading black-out period, Fairfax India may, but is not required to, instruct its designated broker to make purchases of Subordinate Voting Shares under the Normal Course Issuer Bid during the ensuing black-out period in accordance with the terms of the ASPP. Such purchases will be determined by the broker in its sole discretion based on parameters established by Fairfax India prior to commencement of the applicable black-out period in accordance with the terms of the ASPP and applicable TSX rules. Outside of these black-out periods, Subordinate Voting Shares will be purchasable by Fairfax India at its discretion under its Normal Course Issuer Bid.

The ASPP is effective as of September 30, 2026 and will terminate on the earliest of the date on which: (a) the maximum annual purchase limit under the Normal Course Issuer Bid has been reached; (b) the Normal Course Issuer Bid expires; or (c) Fairfax India terminates the ASPP in accordance with its terms. The ASPP constitutes an “automatic securities purchase plan” under applicable Canadian securities laws.

About Fairfax India

Fairfax India is an investment holding company whose objective is to achieve long term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India.

For further information, contact:

John Varnell, Vice President, Corporate Affairs (416) 367-4755

LEI: 213800ZBKL9BHSL2K459

OSB GROUP PLC
(the Company)

28 September 2026

Notification of Transactions of Persons Discharging Managerial Responsibilities (PDMRs)

This announcement should be read in conjunction with the announcement relating to the grant of awards to Enrique Alvarez Labiano made on 17 September 2026 (the ‘Recruitment Award’).

The Company hereby announces the following transaction by a PDMR on 25 September 2026 in the Company’s ordinary shares of £0.01 each, which include the vesting and sale of shares that had been granted pursuant to the Recruitment Award.

The following notification made under Article 19 of the UK Market Abuse Regulation (UK MAR) relates to a transaction by a PDMR in the shares of the Company.

1. Details of the person discharging managerial responsibilities / person closely associated
Name of natural person	Enrique Alvarez Labiano
2. Reason for the notification
a. Position/status	Chief Executive Officer
b. Initial notification/amendment	Initial Notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. Full name of the entity	OSB GROUP PLC
b. Legal Entity Identifier code	213800ZBKL9BHSL2K459
4. Details of the transaction(s):
a. Description of the financial instrument, type of instrument	Ordinary shares of £0.01 each
Identification code	GB00BLDRH360
b. Nature of Transaction	Vesting of 450,532 Shares under the Recruitment Award Sale of 212,494 Shares vested under (1) to cover tax liabilities and dealing costs
c. Price(s) and Volume(s)	Price	Volume
	(1) Nil	450,532
	(2) £5.068474	212,494
d. Aggregated Information:	Aggregated volume 450,532 212,494 Aggregated price Consideration Price: Nil Total Sale Price: £1,077,020.31
e. Date of transaction	25 September 2026
f. Place of transaction	(1) Outside a trading venue (2) London Stock Exchange, Main Market (XLON)

OSB GROUP PLC

Jess Petrie
Head of Corporate Governance Email: company.secretariat@osb.co.uk
Investor relations
Alexander Holcroft Group Director of Investor Relations Email: osbrelations@osb.co.uk
Brunswick
Robin Wrench / Simone Selzer	t: 020 7404 5959

Notes to Editors

About OSB GROUP PLC

OSB began trading as a bank on 1 February 2011 and was admitted to the main market of the London Stock Exchange in June 2014 (OSB.L). OSB joined the FTSE 250 index in June 2015. On 4 October 2019, OSB acquired Charter Court Financial Services Group plc and its subsidiary businesses. On 30 November 2020, OSB GROUP PLC became the listed entity and holding company for the OSB Group. The Group provides specialist lending and retail savings and is authorised by the Prudential Regulation Authority, part of the Bank of England, and regulated by the Financial Conduct Authority and Prudential Regulation Authority. The Group reports under two segments, OneSavings Bank and Charter Court Financial Services.

LEI: 213800ZBKL9BHSL2K459

OSB GROUP PLC
(the Company)

28 September 2026

Notification of Transactions of Persons Discharging Managerial Responsibilities (PDMRs)

This announcement should be read in conjunction with the announcement relating to the grant of awards to Enrique Alvarez Labiano made on 17 September 2026 (the ‘Recruitment Award’).

The Company hereby announces the following transaction by a PDMR on 25 September 2026 in the Company’s ordinary shares of £0.01 each, which include the vesting and sale of shares that had been granted pursuant to the Recruitment Award.

The following notification made under Article 19 of the UK Market Abuse Regulation (UK MAR) relates to a transaction by a PDMR in the shares of the Company.

1. Details of the person discharging managerial responsibilities / person closely associated
Name of natural person	Enrique Alvarez Labiano
2. Reason for the notification
a. Position/status	Chief Executive Officer
b. Initial notification/amendment	Initial Notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. Full name of the entity	OSB GROUP PLC
b. Legal Entity Identifier code	213800ZBKL9BHSL2K459
4. Details of the transaction(s):
a. Description of the financial instrument, type of instrument	Ordinary shares of £0.01 each
Identification code	GB00BLDRH360
b. Nature of Transaction	Vesting of 450,532 Shares under the Recruitment Award Sale of 212,494 Shares vested under (1) to cover tax liabilities and dealing costs
c. Price(s) and Volume(s)	Price	Volume
	(1) Nil	450,532
	(2) £5.068474	212,494
d. Aggregated Information:	Aggregated volume 450,532 212,494 Aggregated price Consideration Price: Nil Total Sale Price: £1,077,020.31
e. Date of transaction	25 September 2026
f. Place of transaction	(1) Outside a trading venue (2) London Stock Exchange, Main Market (XLON)

OSB GROUP PLC

Jess Petrie
Head of Corporate Governance Email: company.secretariat@osb.co.uk
Investor relations
Alexander Holcroft Group Director of Investor Relations Email: osbrelations@osb.co.uk
Brunswick
Robin Wrench / Simone Selzer	t: 020 7404 5959

Notes to Editors

About OSB GROUP PLC

OSB began trading as a bank on 1 February 2011 and was admitted to the main market of the London Stock Exchange in June 2014 (OSB.L). OSB joined the FTSE 250 index in June 2015. On 4 October 2019, OSB acquired Charter Court Financial Services Group plc and its subsidiary businesses. On 30 November 2020, OSB GROUP PLC became the listed entity and holding company for the OSB Group. The Group provides specialist lending and retail savings and is authorised by the Prudential Regulation Authority, part of the Bank of England, and regulated by the Financial Conduct Authority and Prudential Regulation Authority. The Group reports under two segments, OneSavings Bank and Charter Court Financial Services.

Unusual Machines (NYSE American: UMAC) and a leading U.S. Investment Fund make a strategic investment of $10M, each investing $5M into Draganfly, in support of the Company’s growing position in the U.S. defense ecosystem while also gaining access to strategic opportunities in international markets uniquely served by Draganfly.

TAMPA, Fla., Sept. 28, 2026 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an industry-leading developer of drone solutions, systems and technologies, announces a US$10 million strategic investment by Unusual Machines, Inc. (NYSE American: UMAC) and a leading U.S. Investment Fund, each investing $5M (the “Investment”).

This strategic investment comes during a period of accelerating commercial and defense activity for Draganfly across both the United States and Canada, including significant recent procurement milestones with the Canadian Armed Forces and continued important expansion of the Company’s U.S. defense operations.

Draganfly intends to use the net proceeds to accelerate the development of advanced strategic capabilities and to fund general working capital in meeting demand for its products in the rapidly maturing U.S. and international markets.

“We are seeing the convergence of customer adoption, government procurement, domestic manufacturing, defense autonomy and strategic industry participation,” said Cameron Chell, CEO and Chairman of Draganfly. “This strategic investment from Unusual Machines and a leading U.S. Investment Fund is about positioning, not size. It is about aligning capabilities that can best serve the industries’ requirements at scale domestically and abroad.”

“America and its allies are entering a period in which the ability to manufacture drones, components and autonomous systems at scale is becoming a strategic capability,” said Dr. Allan Evans, CEO of Unusual Machines. “This investment into Draganfly allows us to support their production growth and deepen our supplier relationships.”

The Investment is priced at-market based on the closing price of the Company’s common shares on Friday, September 25, 2026^, and represents an important step in the maturation of the US and international drone supply chain and ecosystem.

The Investment is a registered direct offering to purchase 1,869,159 common shares of the Company at a price of US$5.35, for gross proceeds of approximately US$10 million, before deducting placement agent discounts and offering expenses.

Jett Capital Advisors, LLC and Northland Capital Markets are acting as joint-lead placement agents in the offering.

The Investment is expected to close on or about September 29, 2026, subject to the satisfaction of customary closing conditions, including receipt of all necessary regulatory approvals, including approval of the Canadian Securities Exchange and notification to the Nasdaq Stock Market.

The Investment is being made pursuant to an effective shelf registration statement on Form F-10, as amended (File No. 333-290823), previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (“SEC”) on February 25, 2026, and the Company’s Canadian short form base shelf prospectus dated October 24, 2025 (the “Base Shelf Prospectus”). Draganfly will offer and sell the securities in the United States only. No securities will be offered or sold to Canadian purchasers.

A prospectus supplement and accompanying Base Shelf Prospectus relating to the Investment and describing the terms thereof will be filed with the applicable securities commissions in Canada and with the SEC in the United States and will be available for free by visiting the Company’s profiles on the SEDAR+ website maintained by the Canadian Securities Administrators at www.sedarplus.ca or the SEC’s website at www.sec.gov, as applicable. Copies of the prospectus supplement and accompanying Base Shelf Prospectus relating to the Investment may be obtained, when available, by contacting Jett Capital Advisors, LLC, at 712 Fifth Ave, 11th Floor, New York, NY 10019, Attention: General Inquiries, or by telephone at +1-212-616-0430 or by email at info@jettcapital.com, or Northland Securities, Inc., at 150 South Fifth Street, Suite 3300, Minneapolis, MN 55402, Attention: Valencia Day, or by telephone at +1-612-851-4917, or by email at vday@northlandcapitalmarkets.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Draganfly

Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8) is a leader in cutting-edge drone solutions and software that are transforming industries and serving stakeholders globally. Recognized for innovation and excellence for over 27 years, Draganfly delivers award-winning technology to the public safety, civil, military, agriculture, industrial inspection, security, mapping, and surveying markets. The Company is driven by passion, ingenuity, and a mission to provide efficient solutions and first-class services to customers worldwide, saving time, money, and lives.

For more information, visit www.draganfly.com.

For investor details, visit:
NASDAQ (DPRO)
CSE (DPRO)
FSE (3U8)

Media Contact

Erika Racicot
Email: media@draganfly.com

Company Contact

Cameron Chell
Chief Executive Officer
(306) 955-9907
Email: info@draganfly.com

Forward-Looking Statements

This release contains certain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Forward-looking statements in this news release include, but are not limited to: statements regarding the timing, size and expected gross proceeds of the Investment; the satisfaction of customary closing conditions related to the Investment and sale of securities; the intended use of proceeds; Draganfly’s ability to complete the Investment; expansion of U.S. and North American manufacturing, development and commercialization of drone, counter-UAS and autonomous technologies, potential future orders under existing contracts, potential strategic relationships, acquisitions and partnerships, and the Company’s anticipated opportunities within U.S., Canadian and allied defense markets. Forward-looking statements are based on the current expectations of management, are subject to numerous assumptions, risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied. Actual future events may differ from the anticipated events expressed in such forward-looking statements. Draganfly believes that expectations represented by forward-looking statements are reasonable, yet there can be no assurance that such expectations will prove to be correct. The reader should not place undue reliance, if any, on any forward-looking statements included in this news release. These forward looking statements speak only as of the date made, and Draganfly is under no obligation and disavows any intention to update publicly or revise such statements as a result of any new information, future event, circumstances or otherwise, unless required by applicable securities laws. Investors are cautioned not to unduly rely on these forward-looking statements and are encouraged to read the Investment documents, as well as Draganfly’s continuous disclosure documents, including its current annual information form, as well as its audited annual consolidated financial statements which are available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar.

Unusual Machines (NYSE American: UMAC) and a leading U.S. Investment Fund make a strategic investment of $10M, each investing $5M into Draganfly, in support of the Company’s growing position in the U.S. defense ecosystem while also gaining access to strategic opportunities in international markets uniquely served by Draganfly.

TAMPA, Fla., Sept. 28, 2026 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an industry-leading developer of drone solutions, systems and technologies, announces a US$10 million strategic investment by Unusual Machines, Inc. (NYSE American: UMAC) and a leading U.S. Investment Fund, each investing $5M (the “Investment”).

This strategic investment comes during a period of accelerating commercial and defense activity for Draganfly across both the United States and Canada, including significant recent procurement milestones with the Canadian Armed Forces and continued important expansion of the Company’s U.S. defense operations.

Draganfly intends to use the net proceeds to accelerate the development of advanced strategic capabilities and to fund general working capital in meeting demand for its products in the rapidly maturing U.S. and international markets.

“We are seeing the convergence of customer adoption, government procurement, domestic manufacturing, defense autonomy and strategic industry participation,” said Cameron Chell, CEO and Chairman of Draganfly. “This strategic investment from Unusual Machines and a leading U.S. Investment Fund is about positioning, not size. It is about aligning capabilities that can best serve the industries’ requirements at scale domestically and abroad.”

“America and its allies are entering a period in which the ability to manufacture drones, components and autonomous systems at scale is becoming a strategic capability,” said Dr. Allan Evans, CEO of Unusual Machines. “This investment into Draganfly allows us to support their production growth and deepen our supplier relationships.”

The Investment is priced at-market based on the closing price of the Company’s common shares on Friday, September 25, 2026^, and represents an important step in the maturation of the US and international drone supply chain and ecosystem.

The Investment is a registered direct offering to purchase 1,869,159 common shares of the Company at a price of US$5.35, for gross proceeds of approximately US$10 million, before deducting placement agent discounts and offering expenses.

Jett Capital Advisors, LLC and Northland Capital Markets are acting as joint-lead placement agents in the offering.

The Investment is expected to close on or about September 29, 2026, subject to the satisfaction of customary closing conditions, including receipt of all necessary regulatory approvals, including approval of the Canadian Securities Exchange and notification to the Nasdaq Stock Market.

The Investment is being made pursuant to an effective shelf registration statement on Form F-10, as amended (File No. 333-290823), previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (“SEC”) on February 25, 2026, and the Company’s Canadian short form base shelf prospectus dated October 24, 2025 (the “Base Shelf Prospectus”). Draganfly will offer and sell the securities in the United States only. No securities will be offered or sold to Canadian purchasers.

A prospectus supplement and accompanying Base Shelf Prospectus relating to the Investment and describing the terms thereof will be filed with the applicable securities commissions in Canada and with the SEC in the United States and will be available for free by visiting the Company’s profiles on the SEDAR+ website maintained by the Canadian Securities Administrators at www.sedarplus.ca or the SEC’s website at www.sec.gov, as applicable. Copies of the prospectus supplement and accompanying Base Shelf Prospectus relating to the Investment may be obtained, when available, by contacting Jett Capital Advisors, LLC, at 712 Fifth Ave, 11th Floor, New York, NY 10019, Attention: General Inquiries, or by telephone at +1-212-616-0430 or by email at info@jettcapital.com, or Northland Securities, Inc., at 150 South Fifth Street, Suite 3300, Minneapolis, MN 55402, Attention: Valencia Day, or by telephone at +1-612-851-4917, or by email at vday@northlandcapitalmarkets.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Draganfly

Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8) is a leader in cutting-edge drone solutions and software that are transforming industries and serving stakeholders globally. Recognized for innovation and excellence for over 27 years, Draganfly delivers award-winning technology to the public safety, civil, military, agriculture, industrial inspection, security, mapping, and surveying markets. The Company is driven by passion, ingenuity, and a mission to provide efficient solutions and first-class services to customers worldwide, saving time, money, and lives.

For more information, visit www.draganfly.com.

For investor details, visit:
NASDAQ (DPRO)
CSE (DPRO)
FSE (3U8)

Media Contact

Erika Racicot
Email: media@draganfly.com

Company Contact

Cameron Chell
Chief Executive Officer
(306) 955-9907
Email: info@draganfly.com

Forward-Looking Statements

This release contains certain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Forward-looking statements in this news release include, but are not limited to: statements regarding the timing, size and expected gross proceeds of the Investment; the satisfaction of customary closing conditions related to the Investment and sale of securities; the intended use of proceeds; Draganfly’s ability to complete the Investment; expansion of U.S. and North American manufacturing, development and commercialization of drone, counter-UAS and autonomous technologies, potential future orders under existing contracts, potential strategic relationships, acquisitions and partnerships, and the Company’s anticipated opportunities within U.S., Canadian and allied defense markets. Forward-looking statements are based on the current expectations of management, are subject to numerous assumptions, risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied. Actual future events may differ from the anticipated events expressed in such forward-looking statements. Draganfly believes that expectations represented by forward-looking statements are reasonable, yet there can be no assurance that such expectations will prove to be correct. The reader should not place undue reliance, if any, on any forward-looking statements included in this news release. These forward looking statements speak only as of the date made, and Draganfly is under no obligation and disavows any intention to update publicly or revise such statements as a result of any new information, future event, circumstances or otherwise, unless required by applicable securities laws. Investors are cautioned not to unduly rely on these forward-looking statements and are encouraged to read the Investment documents, as well as Draganfly’s continuous disclosure documents, including its current annual information form, as well as its audited annual consolidated financial statements which are available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar.

TORONTO, Sept. 28, 2026 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Fairfax of its intention to commence a Normal Course Issuer Bid (“NCIB”) through the facilities of the TSX (or other alternative Canadian trading systems) for its Subordinate Voting Shares and Cumulative 5-Year Rate Reset Preferred Shares, Series K (the “Series K Shares”) (TSX: FFH.PR.K). Purchases will be made in accordance with the rules and policies of the TSX. Subordinate Voting Shares purchased will be either cancelled or reserved for share-based payment awards and Series K Shares purchased will be cancelled.

As stated in the notice, Fairfax’s board of directors has approved the purchase on the TSX, during the period commencing September 30, 2026 and ending September 29, 2027, of Subordinate Voting Shares and Series K Shares up to the following limits:

									Limit on Purchases
			Securities Outstanding1		Public Float		Average Daily Trading Volume		Total Limit2		Daily Limit3
Subordinate Voting Shares			20,823,876		20,253,151		60,551		2,025,315		15,137
Series K Shares			9,500,000		9,500,000		8,907		950,000		2,226
Notes
1.	As of September 16, 2026.
2.	Represents approximately 10% of the public float in respect of each of the Subordinate Voting Shares and the Series K Shares.
3.	Represents the maximum number of shares of that class or series that may be purchased over the TSX during the course of one trading day. This amount is equal to the greater of (i) 25% of the average daily trading volume on the TSX calculated in accordance with the rules of the TSX, and (ii) 1,000 shares. This limitation does not apply to purchases made pursuant to block purchase exemptions.

Fairfax is making this NCIB because it believes that in appropriate circumstances its Subordinate Voting Shares and Series K Shares represent an attractive investment opportunity and that, with respect to the Subordinate Voting Shares, purchases under the bid will enhance the value of the Subordinate Voting Shares held by the remaining shareholders.

Pursuant to its existing normal course issuer bid, Fairfax sought and received approval from the TSX to purchase up to 2,187,316 Subordinate Voting Shares, 1,042,010 Cumulative 5-Year Rate Reset Preferred Shares, Series I, 157,989 Cumulative 5-Year Rate Reset Preferred Shares, Series J and 950,000 Series K Shares. Under its existing normal course issuer bid, Fairfax has purchased 1,593,566 of its Subordinate Voting Shares, which included Subordinate Voting Shares reserved for share-based payment awards, through open market purchases on the TSX and other alternative Canadian trading systems during the last twelve months at a volume weighted average price per share of Cdn.$2,280.87. Fairfax has not purchased any preferred shares under its existing normal course issuer bid.

Fairfax also announces that it has entered into an automatic share purchase plan (the “ASPP”) with a designated broker to allow for the purchase of its Subordinate Voting Shares and Series K Shares under the NCIB at times when Fairfax normally would not be active in the market due to applicable regulatory restrictions or internal trading black-out periods. Before the commencement of any particular internal trading black-out period, Fairfax may, but is not required to, instruct its designated broker to make purchases of Subordinate Voting Shares and/or Series K Shares under the NCIB during the ensuing black-out period in accordance with the terms of the ASPP. Such purchases will be determined by the broker in its sole discretion based on parameters established by Fairfax prior to commencement of the applicable black-out period in accordance with the terms of the ASPP and applicable TSX rules. Outside of these black-out periods, Subordinate Voting Shares and Series K Shares will be purchasable by Fairfax at its discretion under its NCIB.

The ASPP is effective as of September 30, 2026 and will terminate on the earliest of the date on which: (a) the maximum annual purchase limit in respect of the Subordinate Voting Shares and the Series K Shares under the NCIB has been reached; (b) the NCIB expires; or (c) Fairfax terminates the ASPP in accordance with its terms. The ASPP constitutes an “automatic securities purchase plan” under applicable Canadian securities laws.

Fairfax is a holding company which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management.

For further information contact:

John Varnell, Vice President, Corporate Development at (416) 367-4941

TORONTO, Sept. 28, 2026 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Fairfax of its intention to commence a Normal Course Issuer Bid (“NCIB”) through the facilities of the TSX (or other alternative Canadian trading systems) for its Subordinate Voting Shares and Cumulative 5-Year Rate Reset Preferred Shares, Series K (the “Series K Shares”) (TSX: FFH.PR.K). Purchases will be made in accordance with the rules and policies of the TSX. Subordinate Voting Shares purchased will be either cancelled or reserved for share-based payment awards and Series K Shares purchased will be cancelled.

As stated in the notice, Fairfax’s board of directors has approved the purchase on the TSX, during the period commencing September 30, 2026 and ending September 29, 2027, of Subordinate Voting Shares and Series K Shares up to the following limits:

									Limit on Purchases
			Securities Outstanding1		Public Float		Average Daily Trading Volume		Total Limit2		Daily Limit3
Subordinate Voting Shares			20,823,876		20,253,151		60,551		2,025,315		15,137
Series K Shares			9,500,000		9,500,000		8,907		950,000		2,226
Notes
1.	As of September 16, 2026.
2.	Represents approximately 10% of the public float in respect of each of the Subordinate Voting Shares and the Series K Shares.
3.	Represents the maximum number of shares of that class or series that may be purchased over the TSX during the course of one trading day. This amount is equal to the greater of (i) 25% of the average daily trading volume on the TSX calculated in accordance with the rules of the TSX, and (ii) 1,000 shares. This limitation does not apply to purchases made pursuant to block purchase exemptions.

Fairfax is making this NCIB because it believes that in appropriate circumstances its Subordinate Voting Shares and Series K Shares represent an attractive investment opportunity and that, with respect to the Subordinate Voting Shares, purchases under the bid will enhance the value of the Subordinate Voting Shares held by the remaining shareholders.

Pursuant to its existing normal course issuer bid, Fairfax sought and received approval from the TSX to purchase up to 2,187,316 Subordinate Voting Shares, 1,042,010 Cumulative 5-Year Rate Reset Preferred Shares, Series I, 157,989 Cumulative 5-Year Rate Reset Preferred Shares, Series J and 950,000 Series K Shares. Under its existing normal course issuer bid, Fairfax has purchased 1,593,566 of its Subordinate Voting Shares, which included Subordinate Voting Shares reserved for share-based payment awards, through open market purchases on the TSX and other alternative Canadian trading systems during the last twelve months at a volume weighted average price per share of Cdn.$2,280.87. Fairfax has not purchased any preferred shares under its existing normal course issuer bid.

Fairfax also announces that it has entered into an automatic share purchase plan (the “ASPP”) with a designated broker to allow for the purchase of its Subordinate Voting Shares and Series K Shares under the NCIB at times when Fairfax normally would not be active in the market due to applicable regulatory restrictions or internal trading black-out periods. Before the commencement of any particular internal trading black-out period, Fairfax may, but is not required to, instruct its designated broker to make purchases of Subordinate Voting Shares and/or Series K Shares under the NCIB during the ensuing black-out period in accordance with the terms of the ASPP. Such purchases will be determined by the broker in its sole discretion based on parameters established by Fairfax prior to commencement of the applicable black-out period in accordance with the terms of the ASPP and applicable TSX rules. Outside of these black-out periods, Subordinate Voting Shares and Series K Shares will be purchasable by Fairfax at its discretion under its NCIB.

The ASPP is effective as of September 30, 2026 and will terminate on the earliest of the date on which: (a) the maximum annual purchase limit in respect of the Subordinate Voting Shares and the Series K Shares under the NCIB has been reached; (b) the NCIB expires; or (c) Fairfax terminates the ASPP in accordance with its terms. The ASPP constitutes an “automatic securities purchase plan” under applicable Canadian securities laws.

Fairfax is a holding company which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management.

For further information contact:

John Varnell, Vice President, Corporate Development at (416) 367-4941