Correction to Currency Exchange International, Corp. Announcement of Renewal of Share Buyback Program and Automatic Securities Purchase Plan

Core Viewpoint - Currency Exchange International, Corp. has announced the renewal of its normal course issuer bid (NCIB) and Automatic Securities Purchase Plan (ASPP) to repurchase up to 359,617 common shares, representing 10% of its public float as of November 18, 2025 [1][2][5] Group 1: Share Buyback Program - The Toronto Stock Exchange has accepted the company's notice to renew its NCIB and ASPP, allowing for the repurchase of shares starting December 2, 2025, until December 1, 2026, or until the maximum number of shares is repurchased [1][2] - The company had 6,134,120 common shares issued and outstanding as of November 18, 2025, and will repurchase shares on the open market at prevailing market rates [2][3] - The average daily trading volume for the common shares on the TSX was 2,418, allowing the company to repurchase a maximum of 1,000 shares per trading day under the NCIB [4] Group 2: Rationale for Share Repurchase - The Group CEO and Board of Directors believe that the market price of the company's shares may not reflect its underlying value, and repurchasing shares can enhance shareholder value during periods of volatility [5] - The company previously conducted a normal course issuer bid from December 2, 2024, to December 1, 2025, repurchasing 323,500 common shares at an average price of C$21.30 [6] Group 3: Automatic Securities Purchase Plan - The company has established an ASPP with its broker to facilitate automatic purchases of shares under the NCIB, with purchases determined by the broker based on parameters set by the company [7] - The ASPP has been pre-cleared by the TSX and will be effective from December 2, 2025, with all repurchases under the ASPP counted towards the NCIB total [7] Group 4: Company Overview - Currency Exchange International, Corp. provides foreign exchange technology and processing services for banks, credit unions, businesses, and consumers, with primary products including currency exchange, wire transfer payments, and foreign cheque clearing [8][9]