BRIEF

on Matador Technologies Inc. (CVE:MATA)

Matador Technologies Grants Stock Options Aligned with Corporate Goals

Matador Technologies Inc., based in Toronto, has announced the grant of incentive stock options effective February 17, 2026. This allows for the purchase of 2,800,000 common shares by selected directors, officers, and consultants, as per the Company’s Stock Option Plan. This decision follows Matador's annual compensation review aimed at aligning management and director incentives with the company's long-term goals.

Specifically, Matador granted 1,450,000 options to various directors and officers. Additionally, the re-issuance of 1,350,000 options to CEO Deven Soni was approved. Initially issued in January 2022, these had expired early January 2026. The re-issuance seeks to maintain alignment with shareholder interests.

Priced at $0.13 per share, all options have a decade-long term expiring in 2036 and vest biannually over three years. This strategy underscores Matador's commitment to achieving its long-term objectives.

R. P.

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