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Crown Capital Announces Failure-to-File Cease Trade Order

CALGARY, ALBERTA, October 1, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) announced today that its principal regulator, the Alberta Securities Commission (the “ASC”), has issued a failure-to-file cease trade order (“FFCTO”) pursuant to National Policy 11-207 – Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions against the Corporation as a result of the Corporation’s failure to file its audited annual financial statements, the related management’s discussion and analysis (“MD&A”), the related officer certifications and its annual information form for the 15-month period ended March 31, 2026 (collectively, the “Annual Financial Filings”) as well as its unaudited consolidated financial statements, the related MD&A and the related officer certifications for the three-month period ended June 30, 2026 (collectively, the “Q1 Financial Filings”, and together with the Annual Financial Filings, the “Required Filings”). The delay in filing the Required Filings is a result of the late appointment of an independent auditor to succeed KPMG LLP. The Annual Financial Filings were required to be filed by June 29, 2026 and the Q1 Financial Filings were required to be filed by August 14, 2026.

As previously announced on June 26, 2026, the Corporation applied for, and was subsequently granted, a management cease trade order (“MCTO”) by the ASC. The MCTO restricted the Corporation’s Chief Executive Officer and Chief Financial Officer from trading in the Corporation’s securities until the Required Filings were made but did not affect the ability of the general investing public to trade in the Corporation’s securities.

As previously announced on August 11, 2026, the expected date of filing the Annual Financial Filings changed from the original date of on or about August 31, 2026 to on or about September 30, 2026, subsequent to which the ASC granted an extension of the MCTO until September 30, 2026 (the “MCTO Deadline”). As the Corporation was not able to file the Required Filings by the MCTO Deadline, the ASC has ordered that the MCTO be revoked and concurrently issued the FFCTO. Based upon ongoing discussions with the Corporation’s auditors, the Corporation expects to file the Required Filings prior to October 31, 2026.

The FFCTO prohibits the trading by any person of all securities of the Corporation in each jurisdiction in Canada for so long as the FFCTO remains in effect. However, the FFCTO provides an exception for beneficial securityholders of the Corporation who are not currently (and who were not as of October 1, 2026) insiders or control persons of the Corporation and who sell securities of the Corporation acquired before October 1, 2026 if both of the following conditions are satisfied: (i) the sale is made through a “foreign organized regulated market”, as defined in section 1.1 of the Universal Market Integrity Rules of the Canadian Investment Regulatory Organization, and (ii) the sale is made through an investment dealer registered in a jurisdiction of Canada in accordance with applicable securities legislation

The FFCTO will remain in effect until the Required Filings are filed. Provided that the Required Filings are made within 90 days of the date of the FFCTO, such filings would constitute an application to revoke the FFCTO. If the Required Filings are not made within 90 days of the date of the FFCTO, the Corporation will apply to the ASC to revoke the FFCTO.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the completion and the estimated filing date of the Corporation’s Required Filings. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Announces Failure-to-File Cease Trade Order2026-10-02T14:52:43-04:00

Crown Capital Partners Reports Voting Results from Annual Meeting of Shareholders

CALGARY, September 24, 2026 – In accordance with Toronto Stock Exchange requirements, Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSXV: CRWN), a capital partner to entrepreneurs and growth businesses, announced the voting results from its Annual Meeting of Shareholders held on September 24, 2026.

A total of 4,257,136 common shares, representing approximately 71.2% of the Corporation’s issued and outstanding common shares, were voted in connection with the meeting. Shareholders voted in favour of all items of business put forth. The votes for the election of directors are as follows:

Motions% of Shares Voted For% of Shares Voted Withhold
Elect John Brussa95.3%4.7%
Elect Charles Frischer97.8%2.2%
Elect C. Robert Gillis95.3%4.7%
Elect Christopher Johnson97.5%2.5%
Elect Alan Rowe95.3%4.7%

Crown has filed a report of voting results on all resolutions voted on at the meeting under the Company’s profile on SEDAR+ at www.sedarplus.ca.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Partners Reports Voting Results from Annual Meeting of Shareholders2026-09-24T17:39:25-04:00

Crown Capital Provides Bi-Weekly MCTO Default Status Report

CALGARY, ALBERTA, September 22, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSXV: CRWN) is providing this bi-weekly default status update in accordance with the alternative information guidelines set out in National Policy 12-203 Management Cease Trade Orders (“NP 12-203”).

As previously announced on June 26, 2026 (the “Default Notice”), the Corporation applied for, and was subsequently granted, a management cease trade order (“MCTO”) by its principal regulator, the Alberta Securities Commission (the “ASC”). The MCTO was issued following the Corporation’s announcement that as a result of delays to its audit, it would experience a delay in filing its audited annual financial statements, the related management’s discussion and analysis (MD&A), the related officer certifications and the annual information form for the 15-month period ended March 31, 2026 (collectively, the “Annual Financial Filings”) by the required deadline of June 29, 2026. The Corporation has also been delayed in filing its unaudited consolidated financial statements, the related MD&A and the related officer certifications for the three-month period ended June 30, 2026 (collectively, the “Q1 Financial Filings”, and together with the Annual Financial Filings, the “Required Financial Filings”) by the required deadline of August 14, 2026.

The MCTO restricts the Corporation’s Chief Executive Officer and Chief Financial Officer from trading in the Corporation’s securities until the Required Financial Filings are made but does not affect the ability of the general investing public to trade in the Corporation’s securities.

On August 11, 2026, the Corporation advised that the expected date of the Required Financial Filings had changed from the original date of on or about August 31, 2026 to on or about September 30, 2026. Effective September 4, 2026, the ASC approved the Corporation’s request to leave the MCTO in place until September 30, 2026.

The Corporation and its independent auditors are working diligently and cooperatively to complete the audit as rapidly as possible. The expected date of filing the Required Financial Filings has changed from on or about September 30, 2026 to on or about October 16, 2026. The change in the expected filing date is due to delays encountered by the Corporation’s auditors in auditing the accounts of the Corporation’s two largest subsidiaries by revenue in fiscal 2026, which were both sold after the Corporation’s March 31, 2026 year end. The sale of the assets and business of Go Direct Global Inc. closed on May 14, 2026 and the sale of all of the issued and outstanding shares of Galaxy Broadband Communications Inc. closed on August 24, 2026.

The Corporation has advised the ASC of this updated timeline and has requested that the MCTO remain in effect until October 16, 2026. As of the date of this announcement, the Corporation’s request is under review by the ASC and there is no certainty that it will be approved.

In accordance with the requirements of NP 12-203, the Corporation confirms that as of the date of this announcement: (i) there have been no material changes to the information previously disclosed regarding the default that have not been generally disclosed; (ii) there has been no failure by the Corporation in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines as set out in NP 12-203; (iii) there have been no other specified defaults by the Corporation under NP 12-203; (iv) the Corporation is not subject to any insolvency proceedings; and (v) there is no other material information concerning the affairs of the Corporation that has not been generally disclosed.

The Corporation will continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and will issue further bi-weekly default status reports as required until the Required Financial Filings have been completed and filed.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the estimated filing date of the Corporation’s Required Financial Filings and satisfaction of the Corporation’s reporting requirements as set out in Section 10 of NP 12-203. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Provides Bi-Weekly MCTO Default Status Report2026-09-23T14:16:54-04:00

Crown Capital Announces TSXV Listing and Voluntarily Delisting from TSX

CALGARY, ALBERTA, September 16, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) announces today that it has received approval to list its common shares and 12% secured subordinated debentures (the “Debentures”) on the TSX Venture Exchange (the “TSXV”). In connection with the TSXV listing, Crown will voluntarily delist its common shares and Debentures from the Toronto Stock Exchange (the “TSX”).

The Corporation’s management and Board of Directors have determined that this transition is in the best interests of Crown. The Board of Directors considered the general suitability of a TSX listing versus a TSXV listing and approved the transition to better align the Corporation’s public listing platform with its current market capitalization, liquidity needs and operational scale while reducing corporate administrative overhead.

The Corporation will voluntarily delist its common shares and Debentures from the TSX effective at market close on September 21, 2026 and will list its common shares and Debentures on the TSXV effective at market open on September 22, 2026.

The Corporation will remain a “reporting issuer” under applicable Canadian securities laws through the listing transition process. The Corporation will retain the trading symbol “CRWN” once listed on the TSXV. Crown is not seeking shareholder approval because it satisfies the conditions in Section 720(b) of the TSX Company Manual. By listing on the TSXV, Crown will have an acceptable alternative market. No action is required by securityholders in connection with the transition of the Corporation’s listing to the TSXV.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the proposed timing of the transfer of the Corporation’s securities from the TSX to the TSXV and the related reduction of expenses. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Announces TSXV Listing and Voluntarily Delisting from TSX2026-09-17T16:43:14-04:00

Crown Capital Provides Bi-Weekly MCTO Default Status Report

CALGARY, ALBERTA, September 8, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) is providing this bi-weekly default status update in accordance with the alternative information guidelines set out in National Policy 12-203 Management Cease Trade Orders (“NP 12-203”).

As previously announced on June 26, 2026 (the “Default Notice”), the Corporation applied for, and was subsequently granted, a management cease trade order (“MCTO”) by its principal regulator, the Alberta Securities Commission (the “ASC”). The MCTO was issued following the Corporation’s announcement that as a result of delays to its audit, it would experience a delay in filing its audited annual financial statements, the related management’s discussion and analysis (MD&A), the related officer certifications and the annual information form for the 15-month period ended March 31, 2026 (collectively, the “Annual Financial Filings”) by the required deadline of June 29, 2026. The Corporation has also been delayed in filing its unaudited consolidated financial statements, the related MD&A and the related officer certifications for the three-month period ended June 30, 2026 (collectively, the “Q1 Financial Filings”, and together with the Annual Financial Filings, the “Required Financial Filings”) by the required deadline of August 14, 2026.

The MCTO restricts the Corporation’s Chief Executive Officer and Chief Financial Officer from trading in the Corporation’s securities until the Required Financial Filings are made but does not affect the ability of the general investing public to trade in the Corporation’s securities.

The Corporation and its independent auditors are working diligently and cooperatively to complete the audit as rapidly as possible. The Corporation continues to estimate that the Required Financial Filings will be made on or about September 30, 2026. Effective September 4, 2026, the ASC approved the Corporation’s request to leave the MCTO in place until September 30, 2026.

In accordance with the requirements of NP 12-203, the Corporation confirms that as of the date of this announcement: (i) there have been no material changes to the information previously disclosed regarding the default that have not been generally disclosed; (ii) there has been no failure by the Corporation in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines as set out in NP 12-203; (iii) there have been no other specified defaults by the Corporation under NP 12-203; (iv) the Corporation is not subject to any insolvency proceedings; and (v) there is no other material information concerning the affairs of the Corporation that has not been generally disclosed.

The Corporation will continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and will issue further bi-weekly default status reports as required until the Required Financial Filings have been completed and filed.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the estimated filing date of the Corporation’s Required Financial Filings and satisfaction of the Corporation’s reporting requirements as set out in Section 10 of NP 12-203. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Provides Bi-Weekly MCTO Default Status Report2026-09-09T04:42:21-04:00

Crown Capital Announces Interest Payment Date and Record Date for 12% Secured Subordinated Debentures

CALGARY, ALBERTA, August 26, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) today announced that it has declared an interest payment of approximately $221.61 per $1,000 of principal amount (the “Interest Payment”) of the Corporation’s 12% Secured Subordinated Debentures (TSX: CRWN.NT) due December 31, 2027 (the “Debentures”). The Interest Payment will be payable on September 10, 2026 to all holders of record of the Debentures as of the close of business on September 3, 2026. The Debentures will commence trading on a “due bill” basis, representing entitlement to the Interest Payment dividend from the opening on the record date (September 3, 2026) to the payment date (September 10, 2026), inclusive.

The Interest Payment includes outstanding interest on the Debentures for the period from June 30, 2024 up to, but excluding December 31, 2025 that was payable on December 31, 2025, plus interest on the Debentures for the period from December 31, 2025 up to, but excluding June 30, 2026.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the anticipated payment of the Interest Payment. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Announces Interest Payment Date and Record Date for 12% Secured Subordinated Debentures2026-09-04T11:44:37-04:00

Crown Capital Provides Bi-Weekly MCTO Default Status Report

CALGARY, ALBERTA, August 25, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) is providing this bi-weekly default status update in accordance with the alternative information guidelines set out in National Policy 12-203 Management Cease Trade Orders (“NP 12-203”).

As previously announced on June 26, 2026 (the “Default Notice”), the Corporation applied for, and was subsequently granted, a management cease trade order (“MCTO”) by its principal regulator, the Alberta Securities Commission (the “ASC”). The MCTO was issued following the Corporation’s announcement that as a result of delays to its audit, it would experience a delay in filing its audited annual financial statements, the related management’s discussion and analysis (MD&A), the related officer certifications and the annual information form for the 15-month period ended March 31, 2026 (collectively, the “Annual Financial Filings”) by the required deadline of June 29, 2026.

The MCTO restricts the Corporation’s Chief Executive Officer and Chief Financial Officer from trading in the Corporation’s securities until the Annual Financial Filings are made but does not affect the ability of the general investing public to trade in the Corporation’s securities.

The Corporation and its independent auditors are working diligently and cooperatively to complete the audit as rapidly as possible. As previously announced on August 11, 2026, the expected date of filing the Annual Financial Filings changed from the original date of on or about August 31, 2026 to on or about September 30, 2026. The change in the expected filing date was due to an increase in the scope of work required to complete the audit compared with previous expectations, as determined by the Corporation’s auditors in the planning phase of the audit after assessing all identified risks.

The Corporation has advised the ASC of this updated timeline and has requested that the MCTO remain in effect until September 30, 2026. As of the date of this announcement, the Corporation’s request is under review by the ASC and there is no certainty that it will be approved.

In accordance with the requirements of NP 12-203, the Corporation confirms that as of the date of this announcement: (i) there have been no material changes to the information previously disclosed regarding the default that have not been generally disclosed; (ii) there has been no failure by the Corporation in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines as set out in NP 12-203; (iii) there have been no other specified defaults by the Corporation under NP 12-203; (iv) the Corporation is not subject to any insolvency proceedings; and (v) there is no other material information concerning the affairs of the Corporation that has not been generally disclosed.

The Corporation will continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and will issue further bi-weekly default status reports as required until the Annual Financial Filings have been completed and filed.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Provides Bi-Weekly MCTO Default Status Report2026-08-26T14:09:01-04:00

Crown Capital Announces Closing of the Galaxy Transaction and Coming into Effect of Debenture Amendments

CALGARY, ALBERTA, AUGUST 24, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) today announced that the previously disclosed sale of all of the issued and outstanding shares of its subsidiary, Galaxy Broadband Communications Inc., to Calian Group Ltd. (TSX: CGY) pursuant to a share purchase agreement dated June 25, 2026 (the “Galaxy Transaction”) has closed. The Galaxy Transaction was first announced by the Corporation in a news release dated June 25, 2026.

The total consideration payable to Crown and its subsidiaries pursuant to the Galaxy Transaction is up to $51.5 million, comprised of: (a) a base amount of $24,000,000, of which $2.55 million was deposited into escrow at closing, consisting of a $2.4 million indemnity escrow and a $150,000 working capital escrow, with the balance, subject to customary adjustments, paid to the Corporation at closing, (b) up to an additional $15,000,000 as an earnout which may become payable following each of the three twelve-month earnout periods after closing, if certain applicable adjusted EBITDA targets are achieved, and (c) up to an additional $12,500,000 as a supplemental earnout which may become payable following each of the three twelve-month earn-out periods after closing, if certain applicable adjusted EBITDA targets are achieved.

Crown intends to use the proceeds from the Galaxy Transaction as disclosed in the management information circular of Crown dated July 8, 2026 that was sent to all Debentureholders (as defined below) and is available on the Corporation’s profile on SEDAR+ at www.sedarplus.ca.

Immediately prior to the closing of the Galaxy Transaction, the amendments (the “Debenture Amendments”) to the Corporation’s 12% secured subordinated debentures due December 31, 2026 (the “Debentures”), which were approved by the holders of the Debentures (the “Debentureholders”) at a special meeting held on August 11, 2026, became effective. A description of the Debenture Amendments is set forth in the news release of the Corporation dated August 11, 2026. The completion of the Debenture Amendments was a requirement to close the Galaxy Transaction.

In connection with the Debenture Amendments coming into effect, Crown has entered into a third amended and restated trust indenture dated as of today’s date with TSX Trust Company governing the amended Debentures (the “Amended and Restated Indenture”). A copy of the Amended and Restated Indenture can be found on the Corporation’s profile on SEDAR+ at www.sedarplus.ca.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Announces Closing of the Galaxy Transaction and Coming into Effect of Debenture Amendments2026-08-26T14:07:17-04:00

Crown Capital Announces Anticipated Closing Date of the Galaxy Transaction and Effective Date of the Debenture Amendments

CALGARY, ALBERTA, AUGUST 20, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) today announced that the previously disclosed sale of all of the issued and outstanding shares of its subsidiary, Galaxy Broadband Communications Inc., to Calian Group Ltd. (TSX: CGY) (“Calian”) pursuant to a share purchase agreement dated June 25, 2026 (the “Galaxy Transaction”) is scheduled to close on August 24, 2026 (the “Anticipated Closing Date”). The Galaxy Transaction was first announced by the Corporation in a news release dated June 25, 2026.

On the Anticipated Closing Date, immediately prior to the closing of the Galaxy Transaction, the amendments (the “Debenture Amendments”) to the Corporation’s 12% secured subordinated debentures due December 31, 2026 (the “Debentures”), which were approved by the holders of the Debentures at a special meeting held on August 11, 2026, will become effective. A description of the Debenture Amendments is set forth in the news release of the Corporation dated August 11, 2026.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Announces Anticipated Closing Date of the Galaxy Transaction and Effective Date of the Debenture Amendments2026-08-24T10:13:37-04:00

Crown Capital Announces Approval of Amendments to Convertible Debentures and Default Waiver

CALGARY, ALBERTA, August 11, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) today announced that at a special meeting (the “Meeting”) of the holders of its 12% secured subordinated debentures (the “Debentureholders”) due December 31, 2026 (the “Debentures”) held today, the Debentureholders approved an extraordinary resolution (the “Debentureholder Resolution”) that:

  1. authorized and approved the Corporation to enter into an amendment and restatement to the second amended and restated trust indenture dated October 25, 2024 (the “Indenture”) between the Corporation and TSX Trust Company (the “Debenture Trustee”) which will amend the terms of the Debentures (collectively, the “Debenture Amendments”) to: (i) permit the Corporation to sell all of the shares of its wholly-owned subsidiary, Galaxy Broadband Communications Inc., to Calian Group Ltd. (the “Galaxy Transaction”) free of the security interest created by the Indenture notwithstanding that such sale would be a sale of assets of the Corporation not in the ordinary course of business of the Corporation and, accordingly, not permitted under the Indenture; (ii) extend the maturity date of the Debentures from December 31, 2026 to December 31, 2027; (iii) grant the Corporation the option to further extend the maturity date of the Debentures for up to one year to December 31, 2028, provided that: (A) the Corporation pays all outstanding interest on the Debentures as at December 31, 2027; (B) the Corporation pays a fee of 0.1% of the principal amount of the Debentures to the Debentureholders for each month that the maturity date of the Debentures is extended, such fee to be paid concurrently with the interest due on the Debentures as at December 31, 2027; and (C) such option is exercised at least 30 days prior to December 31, 2027 and may only be exercised once; (iv) amend the interest payment dates from occurring annually on December 31 of each year to only at maturity or redemption of the Debentures; (v) prohibit the Corporation from paying any dividends on the common shares of the Corporation (the “Common Shares”) or acquiring any Common Shares by way of an issuer bid while any Debentures remain outstanding; (vi) eliminate the ability of the Corporation to incur Senior Indebtedness (as defined in the form of third amended and restated trust indenture (the “Amended Indenture”) attached as Appendix “B” of the management information circular dated July 8, 2026 (the “Circular”)) following the repayment of the Sandton Indebtedness (as defined in the Circular) and the redemption of the 2025 Debentures (as defined in the Circular), other than $1,000,000 of Senior Indebtedness to be used for general corporate purposes; (vii) remove the requirement that the Corporation use its best efforts to maintain the listing of the Common Shares and the Debentures on the Toronto Stock Exchange; and (viii) eliminate the ability of the Corporation to satisfy interest obligations by issuing and selling its shares through investment bankers under the Indenture; and
  2. waived the default by the Corporation under the Indenture for the failure to pay the outstanding interest on the Debentures from June 30, 2024 to December 31, 2025 (the “Deferred Interest Payment”) on December 31, 2025 (the “Default Waiver”), subject to the requirement that the Corporation pay: (a) the Deferred Interest Payment; and (b) interest on the Debentures from January 1, 2026 to June 30, 2026 (the “June 2026 Interest Payment”), to Debentureholders within 30 days of the completion of the Galaxy Transaction (the “Interest Payment Deadline”).

A description of the Debentureholder Resolution is set out in the Circular available under the Corporation’s profile on SEDAR+ at www.sedarplus.ca.

Debentureholders owning 57.805% of the outstanding Debentures voted. The detailed results of the vote were as follows:

Votes in Favour% in FavourVotes Against% Against
11,528 ($11,528,000 of Debentures)99.715% 33 ($33,000 of Debentures)0.285%

The Debenture Amendments will become effective immediately prior to the closing of the Galaxy Transaction. Management of the Corporation anticipates that the Galaxy Transaction will close in the coming days and will issue a press release once the closing date has been set.

The Deferred Interest Payment and the June 2026 Interest Payment will be made to Debentureholders holding Debentures as of a record date to be set and announced by the Corporation in the coming weeks. No record date or payment date for the Deferred Interest Payment and the June 2026 Interest Payment has been set by the Corporation. In the event that the Deferred Interest Payment and the June 2026 Interest Payment are not made by the Interest Payment Deadline, the Default Waiver will be of no further force or effect.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the Debenture Amendments, the Default Waiver, the Galaxy Transaction, the Deferred Interest Payment and the June 2026 Interest Payment. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Announces Approval of Amendments to Convertible Debentures and Default Waiver2026-08-12T13:11:03-04:00