DeFi Technologies Inc. Provides Update on Share Ownership Imbalances and Announces Director Resignation

DeFi Technologies Inc. has issued a clarifying statement regarding share ownership and depository imbalances, first disclosed in August 2025. This statement, requested by the Ontario Securities Commission, addresses ongoing shareholder concerns and provides further details on the company's findings and next steps. The company engaged ShareIntel to analyze share ownership data, which revealed persistent discrepancies between share positions reported by various broker-dealers and intermediaries. DeFi Technologies has contacted 14 broker-dealers to reconcile these differences, with initial responses attributing the imbalances to factors such as settlement timing and securities lending. The company currently believes these imbalances did not impact the 2025 shareholder meeting's voting results. Additionally, Stefan Hascoet has resigned from the board of directors, effective immediately. DeFi Technologies is a financial technology company focused on bridging traditional capital markets and decentralized finance.