Reklaim Ltd Renews Normal Course Issuer Bid to Repurchase Up to 10% of Public Float

Core Viewpoint - Reklaim Ltd. has announced the renewal of its Normal Course Issuer Bid (NCIB) to repurchase up to 10% of its public float, reflecting confidence in its consumer data privacy and monetization business [1] Group 1: NCIB Details - The renewed NCIB allows Reklaim to purchase for cancellation up to 13,053,580 common shares, which is 10% of its public float of 130,535,809 shares as of the notice date [1] - The NCIB will commence on February 17, 2026, and will terminate on February 11, 2027, or when the maximum number of shares has been acquired [1] - Purchases will be conducted through the TSX Venture Exchange at prevailing market prices, with Integral Wealth Securities Limited engaged to conduct purchases on behalf of the company [1] Group 2: Rationale for NCIB - The company believes that the current market price of its shares does not fully reflect the intrinsic value of its consumer data privacy platform and future growth opportunities [1] - Reklaim has the flexibility to allocate cash flow towards share repurchases instead of raising dilutive capital, viewing the NCIB as a prudent capital allocation tool under current market conditions [1] Group 3: Previous NCIB Activity - Over the past 12 months, Reklaim repurchased and cancelled a total of 209,000 common shares at prices ranging from approximately $0.09 to $0.097 per share [1]