Plaid Technologies Inc. Provides Update on Management Cease Trade Order

VANCOUVER, BC – August 27, 2026 – Leads & Copy – Plaid Technologies Inc. (CSE: STIF) (OTC: STIFF) (FRA: 5QX0) is providing an update on the status of a management cease trade order (MCTO) issued July 30, 2026, by the British Columbia Securities Commission under National Policy 12-203. The MCTO was granted due to a delay in filing the company's audited financial statements for the fiscal year ended March 31, 2026, along with accompanying management's discussion and analysis and related CEO and CFO certificates.

The company announced the delay in its filing on July 30, 2026. On August 13, 2026, Plaid Technologies Inc. released a subsequent update regarding its audit progress. To fulfill its disclosure obligations, the company will continue to issue bi-weekly news releases until the required filings are submitted and the MCTO is lifted.

Plaid Technologies Inc. and its auditor are diligently working to complete the filing as soon as possible. The MCTO will remain in effect until the necessary documents are filed.

During the period of the MCTO, the general investing public will still be able to trade the company's listed common shares. However, the company's chief executive officer, chief financial officer, and directors will be prohibited from trading in Plaid's common shares.

Aside from the information disclosed in this news release, there are no material changes to the details provided in the initial default announcement. The company reiterates its commitment to adhering to the provisions of NP 12-203 and will continue issuing bi-weekly default status updates for as long as the required filings remain outstanding.

Plaid Technologies Inc. is a Canadian advanced materials company focused on developing and commercializing graphene-enhanced technologies for applications in construction, energy, and industrial materials.

Source: Plaid Technologies Inc.