Ironman International Amends Loan Terms

LANGLEY, BC — March 27, 2026 — Leads & Copy —

Ironman International Ltd. (TSXV:IMI) (OTCQB:IMITF) has announced that its wholly owned subsidiary, 1097195 B.C. Ltd. (“109”), has amended the terms of an existing loan with 599837 B.C. Ltd. (the “Lender”). The principal amount of the loan is $1,401,632.29.

The amendment stipulates that interest will accrue on the principal at an annual rate of 8%, effective September 26, 2025. Furthermore, the existing loan will mature and become payable on November 30, 2026. Should the principal and all accrued interest remain unpaid by this date, the loan will become due on demand and continue to accrue interest until fully paid, with the failure to repay not constituting a default.

The original proceeds from the existing loan were allocated to the purchase of vehicles and equipment. The company confirms that no securities will be issued in connection with the loan amendment.

The amendment is classified as a related party transaction under Multilateral Instrument 61-101 as Mike Irmen is a director of both the Company and the Lender. The company has relied on exemptions from valuation and minority shareholder approval requirements outlined in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the transaction value does not exceed 25% of the company’s market capitalization.

Ironman International did not file a material change report more than 21 days prior to entering the amendment because the terms of the amendment were not settled until shortly before execution, and the parties wished to close the Amendment on an expedited basis for sound business reasons.

Ironman International Ltd., established in 1999, is a North American provider of horizontal directional drilling and trenchless infrastructure services. The company operates around the clock, supporting residential, commercial, industrial, and utility clients.

Ironman specializes in delivering cost-effective, low-impact underground installation solutions across a range of applications, including telecommunications, electrical, water and sewer, oil and gas, geothermal, and irrigation systems. The company utilizes a fleet of specialized equipment and an experienced technical team to execute projects across diverse environments, including lakes, rivers, marine installations, rail corridors, roadways and highways. The company also provides complementary services that enhance efficiency, maintain safety standards, and ensure projects are completed on time and within budget.

The common shares of Ironman International Ltd. are listed on the TSX Venture Exchange under the symbol “IMI” and trade on the OTCQB Venture Market under the symbol “IMITF”.

“Michael Irmen” Director and CEO

Source: Ironman International Ltd.