SATO Technologies Corp. Provides Strategic Review and Operational Update

Toronto, Ontario--(Newsfile Corp. - February 6, 2026) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO") a leader in high-density computing and digital asset infrastructure, today provides an update on its ongoing strategic review and operational initiatives focused on maintaining financial and operational flexibility and enhancing long-term shareholder value.

Market Context

Digital asset markets have experienced heightened volatility over recent quarters, alongside sustained increases in Bitcoin network hashrate and difficulty. These dynamics, combined with the April 2024 halving, have resulted in underperformance across the sector. As a result, SATO continues to actively manage its operations in response to these industry-wide conditions.

Strategic Review and Asset Optimization

In light of evolving market and capital conditions, SATO's management and Board of Directors are conducting a review of strategic and financial alternatives to preserve flexibility and manage the Company's liquidity (the "Strategic Review"). The Strategic Review includes:

• Center One Strategic Review: The Company is evaluating a range of potential strategic outcomes for its flagship Center One facility, including sale, partnerships, hosting arrangements, joint ventures, or other value-enhancing structures. This review is exploratory in nature and intended to preserve optionality as the Company advances its longer-term strategy.
• Non-Core Asset Review: The Company is reviewing opportunities to monetize non-core or surplus assets to support liquidity. Any such actions are not expected to impact the Company's core operations.
• Capital Market Flexibility: As part of the Strategic Review, the Company continues to evaluate capital market and strategic financing alternatives, alongside operational and asset-level initiatives, to support its long-term strategy.

Operational Discipline and Financial Flexibility

The Company continues to take proactive measures to optimize operations and maintain financial flexibility:

• Lender Engagement and Sygnum Forbearance Agreement: On December 1, 2025, SATO entered into a forbearance agreement (the "Forbearance Agreement") with Sygnum Bank AG ("Sygnum"), pursuant to which Sygnum agreed to forbear from enforcing payments owed under the master loan agreement dated July 15, 2022, as amended on July 19, 2023 (the "Loan Agreement"), from November 1, 2025 to January 31, 2026. The Company continues to engage with Sygnum regarding the deferral of payments owed under the Loan Agreement and Sygnum has not enforced payments owed under the Loan Agreement.
• Fleet Optimization: The Company has temporarily down-clocked approximately 15 percent of its mining fleet to reduce operating costs and improve efficiency during periods of compressed margins.

On behalf of the board,
Romain Nouzareth, SATO CEO and Chairman

About SATO
SATO, founded in 2017, is a publicly listed company providing efficient computing power. The Company currently operates one data center tailored to provide computing power for Bitcoin Mining, but may look to expand or add additional data centers for computing power for Bitcoin Mining, High Power Computing ("HPC"), Artificial Intelligence ("AI"). The Company is listed on TSXV: SATO & OTCQB: CCPUF. To learn more about SATO, visit www.bysato.com.

For additional information, please contact:
Investor Relations:
invest@bysato.com
Phone: +1 (347) 280 3663

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary Statement Regarding Forward-Looking Information

Certain statements in this news release are forward-looking statements or contain forward-looking information, which may include, but are not limited to, statements with respect to the future financial or operating performance of SATO and its projects, business strategy, corporate plans, objectives and goals, as well as the market conditions applicable to SATO. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements include, among others: expectations regarding the market for AI services and the Company's ability to penetrate that market; expectations regarding available financing; expectations regarding client development for new business ventures; expectations regarding foreign exchange rates; statements relating to the business and future activities of and developments related to SATO; statements relating to the finances of SATO not based on the audited financial statements of SATO; the expected success of business activities; expectations for other economic, business, regulatory and/or competitive factors related to SATO in general, including the price of digital assets; the business objectives and milestones of SATO; the amount and principal uses of available funds, including the funds to be used for anticipated investments; and other events or conditions that may occur in the future.

Forward-looking information and statements are based on current expectations, beliefs, assumptions, estimates and forecasts about the Company's business and the industry and markets in which it operates, as of the date of this news release. Although the assumptions made by the Company in providing forward looking information or making forward looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of SATO to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, but are not limited to, the factors discussed in the section entitled "Risk Factors" in the Company's most recent Annual Information Form (the "AIF"), including risks relating to the cryptocurrency mining industry, risks related to SATO's operations; risks related to the price of Bitcoin and other cryptocurrencies; risks related to governmental regulation and enforcement; volatility of the common shares of the Company (the "Common Shares"); cybersecurity risks; risks related to electrical power and internet; and tax risks. Although SATO has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein and in the AIF are made as of the date of the respective document in which they are contained and, other than as required by law, SATO disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

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