AFRICA BITCOIN CORPORATION LIMITED - Availability of ACOF Annual Financial Statements

Availability of ACOF Annual Financial Statements

AFRICA BITCOIN CORPORATION LIMITED
(formerly Altvest Capital Limited)
Incorporated in the Republic of South Africa
(Registration Number: 2021/540736/06)
LEI Number: 37898OOE85B7YW5EEW57
JSE Main Board – General Segment
("Africa Bitcoin Corporation" or the "Company" or the "Group")


 Share Class                      JSE and A2X      NSX Code         OTCQB            Deutsche         ISIN
                                  Codes                             Code             Börse Code
 Ordinary Shares                  BAC              BAN              AFBCF            4BC              ZAE000358925
 Preferred A Ordinary Shares      BACA             -                -                -                ZAE000338422
 Preferred B Ordinary Shares      BACB             -                -                -                ZAE000338430
 Preferred C Ordinary Shares      BACC             BANC             -                -                ZAE000338448


AVAILABILITY OF ACOF ANNUAL FINANCIAL STATEMENTS

Shareholders are advised that Altvest Credit Opportunities Fund Limited ("ACOF") has published its audited annual
financial statements for the year ended 28 February 2026 ("ACOF AFS"), which are available on ACOF's website at
https://acof.co.za/wp-content/uploads/2026/05/2026_Annual-Report.pdf

Salient features


                                                                                         Audited              Audited
                                                                                      Year ended           Year ended
                                                                                28 February 2026     28 February 2025

 Total Assets                                                 Rand                   475,705,961          265,924,861
 Total Equity                                                 Rand                    27,279,540           38,772,353
 Assets Under Management (AUM)                                Rand                   502,063,500          282,759,319
 Gross Loan Book                                              Rand                   265,949,511          209,790,339
 Total Revenue                                                Rand                    53,738,849           35,665,296
 Finance Costs                                                Rand                    34,489,180           24,199,246
 Loss after Taxation                                          Rand                   (11,554,915)         (12,642,477)
 Expected Credit Loss ("ECL") Coverage / Collateral                       4.12% (ECL/gross loans)               3.73%
 Coverage                                                              1.70x stressed (vs FY2025                 272%
                                                                                      equivalent)
 Cash and Cash Equivalents                                    Rand                   155,822,966           35,857,221
 Interest Bearing Borrowings                                  Rand                   445,318,047          226,075,965

Outlook

ACOF has commenced the process for the proposed transfer of ACOF's R5 billion Domestic Medium Term Note
("DMTN") Programme from the Cape Town Stock Exchange to the JSE. This transfer, when completed, is expected to
broaden the investor base materially, improve secondary market accessibility, and place ACOF's debt instruments within
the primary institutional fixed income market in South Africa.

ACOF's expansion beyond South Africa is no longer aspirational. It is in execution. ACOF has identified four markets
across two phases, and formal registration is underway in two of them. Phase one targets Botswana and Namibia,
where formal registration processes are underway with an expected launch in the 2027 financial year. Phase two targets
Uganda and Kenya.

The transfer of the DMTN programme to the JSE, the Africa expansion rollout, and the recent successful transfer of all
of Africa Bitcoin Corporation Limited's listed securities, including the BACC preference shares, from AltX to the Main
Board of the JSE all represent capital formation activity that will determine the trajectory of the Company over the next
two years. ACOF has a deployment engine that is ready. Its task is to keep filling it.

Basis of preparation and audit opinion

ACOF's AFS have been prepared in accordance with IFRS® Accounting Standards and IFRIC® Interpretations issued
and effective at the time of preparing the ACOF AFS and the Companies Act 71 of 2008 of South Africa, as amended.

ACOF's AFS have been audited by Forvis Mazars South Africa, who expressed an unmodified audit opinion thereon. A
copy of the auditor's opinion is incorporated into the ACOF AFS and is also available for inspection at ACOF's registered
office.


Johannesburg
26 May 2026


JSE Sponsor                                               NSX Sponsor
Questco Corporate Advisory                                Cirrus Securities (Pty) Ltd
                                                          Member of the Namibian Stock Exchange

Date: 26-05-2026 09:15:00
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