SPIRIT BLOCKCHAIN CAPITAL APPOINTS JUDY GALVEZ AS CHIEF FINANCIAL OFFICER AND PROVIDES CORPORATE UPDATE

VANCOUVER, B itish Columbia, July 29, 2026 (GLOBE NEWSWIRE) — Spi it Blockchai Capital I c. (CSE: SPIR | OTCQB: SBLCF) (“Spi it” o the “Compa y”) is pleased to a ou ce the appoi tme t of Judy Galvez, CPA, CMA, as Chief Fi a cial Office , effective immediately.

Co cu e t with Ms. Galvez’s appoi tme t, Raymo d O’Neill has t a sitio ed f om his ole as I te im Chief Fi a cial Office a d will co ti ue to se ve as Chai ma of the Boa d.

Ms. Galvez is a seaso ed fi a ce executive with mo e tha 25 yea s of expe ie ce leadi g fi a ce, gove a ce a d egulato y complia ce fu ctio s ac oss publicly listed compa ies, i te atio al o ga izatio s a d public accou ti g. Th oughout he ca ee , she has built fi a ce depa tme ts, impleme ted audit- eady i te al co t ol f amewo ks, ove see IFRS fi a cial epo ti g a d suppo ted boa ds of di ecto s th ough complex st ategic t a sactio s a d co po ate g owth i itiatives.

Most ece tly, Ms. Galvez se ved as Chief Fi a cial Office of Selva Resou ces Ltd. a d p eviously se ved as Chief Fi a cial Office of Spi it Rock Resou ces Ltd., whe e she was espo sible fo fi a cial epo ti g, secu ities disclosu e, audit committee suppo t, gove a ce a d st ategic fi a ci g i itiatives. Ea lie i he ca ee , she held se io fi a ce positio s with Fi st Ame ica Co p., Mosaic Potash Compa y a d Deloitte LLP, developi g exte sive expe tise i public compa y epo ti g, SOX-style i te al co t ols, i te atio al ope atio s a d c oss-bo de fi a cial ma ageme t.

Suha Aska y, Chief Executive Office of Spi it, comme ted:

“We a e delighted to welcome Judy to Spi it’s executive leade ship team. Judy b i gs a exceptio al combi atio of public compa y fi a ce, gove a ce, egulato y complia ce a d i te atio al ope ati g expe ie ce. As we co ti ue executi g ou lo g-te m st ategy, he leade ship will fu the st e gthe ou fi a cial fou datio , e ha ce ou gove a ce p actices a d suppo t the comme cializatio of ou tech ology i itiatives. We look fo wa d to wo ki g togethe as we co ti ue buildi g lo g-te m value fo ou sha eholde s.”

Judy Galvez, Chief Fi a cial Office of Spi it, comme ted:

“I am excited to joi Spi it at such a impo ta t stage i its evolutio . The Compa y has a exciti g oppo tu ity to build a scalable tech ology-focused busi ess suppo ted by st o g fi a cial discipli e a d gove a ce. I look fo wa d to wo ki g with Suha, the Boa d of Di ecto s a d the ma ageme t team to execute the Compa y’s st ategic objectives while mai tai i g the highest sta da ds of fi a cial epo ti g a d co po ate gove a ce.”

Co po ate Update

The Compa y co ti ues to adva ce its st ategic eview of p eviously a ou ced tech ology i itiatives a d is maki g mea i gful p og ess towa d the comme cializatio of ext-ge e atio tech ology solutio s.

Ma ageme t’s cu e t focus is o efi i g the Compa y’s tech ology a chitectu e, p io itizi g high-value comme cial oppo tu ities, a d establishi g st ategic pa t e ships that suppo t scalable, ecu i g eve ue ge e atio . The Compa y believes this discipli ed app oach will st e gthe its competitive positio i g while alig i g futu e p oduct developme t with ma ket dema d.

Spi it expects to p ovide additio al updates ega di g its tech ology oadmap, comme cializatio i itiatives, a d st ategic milesto es as developme t p og esses.

About Spi it Blockchai Capital

Spi it Blockchai Capital I c. is a Ca adia -based publicly listed compa y focused o p ovidi g sha eholde s with exposu e to the blockchai a d digital asset eco omy. The Compa y is e gaged i the busi ess of developi g, acqui i g, ope ati g a d ma agi g tech ology solutio s, a tificial i tellige ce (AI), blockchai i f ast uctu e a d assets, a d i vests i eme gi g blockchai ve tu es a d oppo tu ities.

Fo fu the i fo matio , please co tact:

Suha Aska yChief Executive Office Spi it Blockchai Capital I c.Email: 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 applicable secu ities laws. The use of a y of the wo ds “expect”, “a ticipate”, “co ti ue”, “estimate”, “objective”, “may”, “will”, “p oject”, “should”, “believe”, “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 o ce tai key expectatio s a d assumptio s made by the Compa y. Although 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 a e easo able, u due elia ce should ot be placed o the fo wa d-looki g stateme ts a d i fo matio because the Compa y ca give o assu a ce that they will 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. Actual esults could diffe mate ially f om those cu e tly a ticipated due to a umbe of facto s a d isks. Facto s that could mate ially affect such fo wa d-looki g i fo matio a e desc ibed u de the headi g “Risk Facto s” i the Compa y’s lo g-fo m p ospectus dated August 8, 2022, that is available o the Compa y’s p ofile o SEDAR+ at www.seda plus.ca. The Compa y u de takes o obligatio to update fo wa d-looki g i fo matio except as equi ed by applicable law. Such fo wa d-looki g i fo matio ep ese ts ma ageme ts’ best judgme t based o i fo matio cu e tly available. No fo wa d-looki g stateme t ca be gua a teed a d actual futu e esults may va y mate ially. Acco di gly, eade s a e advised ot to place 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.