Bitzero Announces Notice of Intention to Prepay Loan

Company expects to use a portion of financing proceeds to prepay existing secured indebtedness following five-business-day notice period

Vancouver, British Columbia--(Newsfile Corp. - July 31, 2026) - Bitzero Holdings Inc. (NASDAQ: AIBZ) (CSE: AIBZ.U) (FSE: 000) ("Bitzero" or the "Company"), a provider of sustainable high-performance compute ("HPC") and AI data center infrastructure, announces that it has delivered the required notice under the Company's existing senior secured loan facility with a syndicate of lenders (the "Loan") of the Company's intention to prepay the outstanding obligations under the Loan.

The Company expects to complete the prepayment on or about August 6, 2026, following expiry of the applicable five-business-day notice period under the Loan. The Company expects to use a portion of the net proceeds of its recently completed approximately US$25 million private placement financing, which closed on July 30, 2026, to fund the prepayment.

The final amount payable under the Loan will include US$22,375,000 in outstanding principal, plus accrued and unpaid interest, and any other amounts payable under the Loan as of the prepayment date.

Upon completion of the prepayment, the Company expects the Loan to be repaid in full, with all related liens and security interests against the Company's assets released in accordance with the applicable payoff, discharge and release mechanics under the Loan. The Company expects this to significantly strengthen its balance sheet, streamline its capital structure, and leave the business substantially free of material debt as it advances its long-term infrastructure and data center growth strategy. The prepayment follows the successful closing of the Company's approximately US$25 million private placement financing, which was comprised entirely of U.S. institutional investors, representing an important milestone in the continued institutionalization of Bitzero's capital base. Together, these developments are expected to enhance the Company's financial flexibility and position Bitzero to accelerate the advancement of its growing portfolio of infrastructure assets.

About Bitzero Holdings Inc.

Bitzero Holdings Inc. is a provider of IT energy infrastructure and high-efficiency power for data centers. The Company focuses on data center development, high-performance compute (HPC), and strategic data center hosting partnerships. Bitzero Holdings Inc. owns four data center locations in the North American and Nordic regions, with its Nordic assets powered by clean, low-carbon energy sources. Visit www.bitzero.com for more information.

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