SPIRIT BLOCKCHAIN CAPITAL ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING AND BOARD CHANGES

VANCOUVER, Ca ada, July 17, 2026 (GLOBE NEWSWIRE) — Spi it Blockchai Capital I c. (CSE: SPIR | OTCQB: SBLCF) (“Spi it” o the “Compa y“), a blockchai i f ast uctu e a d digital asset compa y centered o c eati g lo g-te m sha eholde worth th ough i ovative tech ology a d st ategic i vestme ts, at present a ou ced the esults of its A ual Ge e al Meeti g of Sha eholde s (the “Meeti g“), held o July 10, 2026, a d cha ges to its Boa d of Di ecto s app oved efficient at present.

On the Meeti g, sha eholde s app oved all matte s p ese ted by ma ageme t, i cludi g:

• Setti g the umbe of di ecto s at th ee (3);

• The electio of Raymo d O’Neill, Do ald Stewa t a d Joh Oppe ma as di ecto s of the Compa y to carry workplace u til the ext a ual meeti g of sha eholde s o u til thei successo s a e elected o appoi ted; a d

• The eappoi tme t of SRCO P ofessio al Co po atio , Cha te ed P ofessio al Accou ta ts, because the Compa y’s audito , with the di ecto s autho ized to repair the audito ‘s emu e atio .

A complete of 37,319,514 commo sha es, ep ese ti g app oximately 19.69% of the Compa y’s issued a d outsta di g commo sha es, we e ep ese ted on the Meeti g by p oxy.

Chai ma ‘s Replace

Du i g the Meeti g, Chai ma a d I te im Chief Government Workplace Raymo d O’Neill p ovided sha eholde s with a replace o the Compa y’s p og ess a d st ategic p io ities.

“O behalf of the Boa d of Di ecto s, I wish to tha okay ou sha eholde s fo thei co ti ued suppo t a d co fide ce i Spi it. The previous yea has bee a pe iod of sig ifica t t a sitio fo the Compa y, a d ou p io ity has bee to st e gthe gove a ce, full ou fi a cial epo ti g obligatio s, imp ove ou bala ce sheet a d set up a st o g fou datio fo futu e g owth.

Si ce the leade ship t a sitio ea lie this yea , we’ve got accomplished ou a ual audit, filed ou fi st qua te fi a cial esults, st e gthe ed the Compa y’s fi a cial positio th ough a profitable fi a ci g a d begu impleme ti g i itiatives desig ed to u lock worth f om ou tech ology i vestme ts a d b oade digital asset ecosystem.

As we glance forward, ou focus emai s o appoi ti g the ight lo g-te m Chief Government Workplace whereas co ti ui g to execute o oppo tu ities that we imagine will ge e ate sustai ready lo g-te m worth fo ou sha eholde s.”

Boa d Cha ges

Efficient July 16, 2026, Do ald Stewa t has esig ed as a di ecto of the Compa y.

The Boa d of Di ecto s exte ds its si ce e app eciatio to M . Stewa t fo his se vice a d invaluable co t ibutio s du i g a impo ta t pe iod of t a sitio fo Spi it. His leade ship, gove a ce expe ie ce a d commitme t to the Compa y have bee g eatly app eciated, a d the Boa d needs him co ti ued success i his futu e e deavou s.

The Compa y can also be happy to a ou ce the appoi tme t of Ji eh Wo g to the Boa d of Di ecto s, efficient July 16, 2026 as a i depe de t di ecto .

M . Wo g is a seaso ed fi a ce a d busi ess government with mo e tha 25 yea s of expe ie ce i co po ate fi a ce, st ategic adviso y, busi ess developme t a d capital ma kets. Th oughout his ca ee , he has suggested e t ep e eu s, p ivate compa ies a d fi a cial i stitutio s o g owth st ategies, fi a ci g i itiatives a d lo g-te m worth c eatio . His expe ie ce i fi a ce, gove a ce a d st ategic developme t will fu the st e gthe the Boa d as Spi it co ti ues executi g its lo g-te m g owth st ategy.

Followi g at present’s Boa d cha ges, the Compa y’s Boa d of Di ecto s co sists of Raymo d O’Neill, Joh Oppe ma a d Ji eh Wo g.

Comme ti g o the Boa d cha ges, Raymo d O’Neill, Chai ma a d I te im Chief Government Workplace , acknowledged:

“O behalf of the Boa d, I wish to si ce ely tha okay Do Stewa t fo his commitme t, guida ce a d co t ibutio s to Spi it du i g a t a sfo matio al pe iod fo the Compa y. Do has performed a impo ta t ole i helpi g st e gthe ou gove a ce a d positio the Compa y fo the futu e, a d we want him eve y success.

We a e equally happy to welcome Ji eh Wo g to the Boa d. Ji eh b i gs exte sive expe ie ce i fi a ce, st ategic adviso y a d busi ess developme t, a d his pe spective might be a invaluable additio as we co ti ue executi g ou st ategy a d c eati g lo g-te m worth fo sha eholde s.”

About Spi it Blockchai Capital

Spi it Blockchai Capital I c. is a Ca adia -based publicly listed compa y centered o p ovidi g sha eholde s with exposu e to the blockchai a d digital asset eco omy. The Compa y holds a dive sified po tfolio of digital belongings a d i vests i eme gi g blockchai ve tu es whereas developi g p op ieta y yield-ge e atio platfo ms.

Fo fu the i fo matio , please co tact:Raymo d O’NeillI te im Chief Government Workplace Spi it Blockchai Capital I c.Electronic mail: i fo@spi itblockchai .comPho e: +1 604 757-0331

Fo wa d-Looki g Stateme tsThis ews elease co tai s fo wa d-looki g stateme ts a d fo wa d-looki g i fo matio withi the mea i g of relevant secu ities legal guidelines. Using a y of the wo ds “anticipate”, “a ticipate”, “co ti ue”, “estimate”, “goal”, “could”, “will”, “p oject”, “ought to”, “imagine”, “pla s”, “i te ds” a d simila exp essio s a e i te ded to ide tify fo wa d-looki g i fo matio o stateme ts. The fo wa d-looki g stateme ts a d i fo matio a e based mostly o ce tai key expectatio s a d assumptio s made by the Compa y. Though the Compa y believes that the expectatio s a d assumptio s o which such fo wa d-looki g stateme ts a d i fo matio a e based mostly a e easo ready, u due elia ce ought to ot be positioned o the fo wa d-looki g stateme ts a d i fo matio as a result of the Compa y ca give o assu a ce that they may p ove to be co ect.

Si ce fo wa d-looki g stateme ts a d i fo matio add ess futu e eve ts a d co ditio s, by thei ve y atu e they i volve i he e t isks a d u ce tai ties. Precise esults might diffe mate ially f om these cu e tly a ticipated attributable to a umbe of facto s a d isks. Facto s that would mate ially have an effect on such fo wa d-looki g i fo matio a e desc ibed u de the headi g “Threat Facto s” i the Compa y’s lo g-fo m p ospectus dated August 8, 2022, that’s accessible o the Compa y’s p ofile o SEDAR+ at www.seda plus.ca. The Compa y u de takes o obligatio to replace fo wa d-looki g i fo matio besides as equi ed by relevant legislation. Such fo wa d-looki g i fo matio ep ese ts ma ageme ts’ finest judgme t based mostly o i fo matio cu e tly accessible. No fo wa d-looki g stateme t ca be gua a teed a d precise futu e esults could va y mate ially. Acco di gly, eade s a e suggested ot to put u due elia ce o fo wa d-looki g stateme ts o i fo matio .

The Ca adia Secu ities Excha ge has ot eviewed, app oved, o disapp oved the co te t of this ews elease.