Crunchfish

The interest in the incentive program has been very strong as employees and other key resources have subscribed to 3,100,000 warrants. 

The transfer of warrants has been made at market value at the time of transfer, calculated by Optionspartner AB as an independent valuation institute, using the Black & Scholes valuation model. Price per warrant was set at SEK 0.265. The company will receive the net amount of SEK 821,500 for these warrant transactions.

"It is very encouraging to see employees and other key resources subscribing to Crunchfish's new incentive program and demonstrating their strong commitment to the future of the company ", says Joachim Samuelsson, Crunchfish's CEO.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

This correction was submitted for publication, through the agency of the contact person set out above, at 13:15 CEST on 27^th May 2026.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish - crunchfish.com

Crunchfish is a deep fintech company developing governed offline payments technology for payment systems, banks, and payment applications. The company enables offline payments as a Layer-2 solution on top of existing payment systems, allowing transactions to be executed without connectivity while ledger authority and settlement remain unchanged. Through a reservation-based model, resilience is achieved without creating parallel forms of money or unmanaged credit risk. Crunchfish's architecture is patented and enables interoperability across multiple payment systems and markets. The solution strengthens system stability while also supporting economic incentives by ensuring that liquidity backing offline payments remains within the regulated financial system.