SATO Technologies Corp. Announces Private Placement for Gross Proceeds of Up To C$1.3 Million

Toronto, Ontario--(Newsfile Corp. - March 6, 2026) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) ("SATO" or the "Company") is pleased to announce a non-brokered private placement (the "Offering") for aggregate gross proceeds of up to C$1,300,000, consisting of: (i) up to 14,901,960 units (the "Units") of the Company at a price of $0.06375 per Unit for proceeds of up to C$950,000; and (ii) up to 350 convertible debenture units (the "Debenture Units" and together with the Units, the "Offered Securities") for proceeds of up to C$350,000.

Each Unit will consist of one common share (a "Common Share") and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to acquire one additional Common Share at an exercise price of $0.085 per Common Share during the first year following the date of issuance, and $0.10 per Common Share thereafter, until the expiry of the Warrants five (5) years from the date of issuance.

Each Debenture Unit will consist of a C$1,000 principal amount unsecured convertible debenture (a "Debenture") and detachable Warrants equal to the number of Common Shares issuable upon full conversion of the Debenture. The Debentures will bear 15% annual interest, payable quarterly in cash or Common Shares, at the option of the holder, with any share-settled interest being subject to the approval of the TSX Venture Exchange ("TSXV"), and priced in accordance with applicable TSXV policies at the time of payment. The Debentures will mature three (3) years from the date of issue. The Debentures will be convertible, at the option of the holder, into Common Shares of the Company at a conversion price of $0.085 per Common Share during the first year following the date of issuance and $0.10 per Common Share thereafter until the maturity date.

The Debentures will be unsecured, subject to a springing first-priority lien upon repayment or release of the Company's loan facility with Sygnum Bank AG, and will rank pari passu with all other Debentures issued under the Offering. Each detachable Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.10 for a period of three (3) years from the date of issue.

The net proceeds of the Offering will be used for working capital and general corporate purposes. Consistent with its capital management strategy, the Company intends to prioritize revenues from its cryptocurrency mining operations and existing cash flows for ongoing operational needs, with Offering proceeds deployed to supplement such funding and support broader corporate purposes as management deems appropriate. The Company retains full discretion as to the allocation, timing, and prioritization of the use of proceeds described herein.