BrandPilot AI Announces Closing of First Tranche of Private Placement

Toronto, Ontario--(Newsfile Corp. - June 5, 2026) - BrandPilot AI Inc. (CSE: BPAI) (OTCQB: BPAIF) (FSE: 8LH0) ("BrandPilot" or the "Company"), a performance marketing technology company focused on identifying and eliminating inefficiencies in digital advertising for global enterprise brands, is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement of units of the Company (the "Offering").

Pursuant to the first tranche of the Offering, the Company issued an aggregate of 25,000,000 units (the "Units") at a price of $0.02 per Unit for aggregate gross proceeds of $500,000. Each Unit consists of one common share in the capital of the Company (a "Common Share") and one common share purchase warrant (a "Warrant").

The Company expects to complete a second tranche of the Offering, subject to receipt of all necessary approvals, including the approval of the Canadian Securities Exchange (the "CSE"). The closing of the second tranche remains subject to customary closing conditions, and there can be no assurance that the second tranche will be completed, whether in whole or in part, or on the terms currently contemplated.

Each Warrant entitles the holder to purchase one additional Common Share at a price of $0.05 for a period of five (5) years from the date of issuance, subject to acceleration. If the Common Shares trade at or above a volume-weighted average price of $0.15 for a period of 20 consecutive trading days, the Company may accelerate the expiry date of the Warrants to a date that is 30 days following notice to the holders of Warrants.

"This first tranche closing strengthens BrandPilot's ability to continue executing on its commercial priorities," said Brandon Mina, CEO of BrandPilot AI. "We are focused on supporting our enterprise pipeline, advancing product development, and expanding the capabilities required to help brands identify wasted advertising spend, improve performance transparency, and make better use of their digital marketing budgets. We look forward to completing the second tranche as we continue to support the Company's growth initiatives."

The Company intends to use the net proceeds of the Offering for product development, marketing and sales initiatives, and general working capital purposes.

In connection with the first tranche of the Offering, the Company paid finder's fees consisting of $9,600 in cash commissions and issued 480,000 broker warrants (the "Broker Warrants") to certain eligible finders. Each Broker Warrant entitles the holder to purchase one Unit at a price of $0.02 for a period of 36 months from the date of issuance.

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