Zedcor Inc. — Board/Management Information 2026

FORM 51-102F3
MATERIAL CHANGE REPORT
UNDER NATIONAL INSTRUMENT 51-102

1. Name and Address of Company
   Zedcor Inc. ("Zedcor" or the "Company")
   Suit 300 – 151 Canada Olympic Road S.W.
   Calgary, Alberta T3B 6B7

2. Date of Material Change
   June 30, 2026.

3. News Release
   A news release relating to the material change described herein was released on June 30, 2026 through the facilities of Newsfile Corp. and posted on SEDAR+.

4. Summary of Material Change
   The Company confirmed the appointment of Michael Chan to the board of directors of the Company (the "Board") effective July 1, 2026.

5. Full Description of Material Change

5.1 Full Description of Material Change
The Company confirmed the appointment of Michael Chan to the Board effective July 1, 2026. Mr. Chan has over three decades of industry experience in asset management with 25 years managing institutional public equity mandates at Fiera Capital, Sceptre Investment Counsel and UBS Global Asset Management. He started his career as an equity analyst at Sunlife Investments and over the years developed expertise in the research of industry sectors ranging from financial services, industrials, resources, technology and discretionary. Mr. Chan is a CFA charter holder and holds an MBA from Queen's University and a Bachelor of Industrial Engineering and Bachelor of Science in Mathematics from Dalhousie University.

5.2 Disclosure for Restructuring Transactions
Not applicable.

1. Reliance on subsection 7.1(2) of National Instrument 51-102
   Not applicable.

2. Omitted Information
   None

• 2 -

• Executive Officer

The following executive officer of the Company is knowledgeable about the material change disclosed in this report and may be contacted as follows:

Amin Ladha
Chief Financial Officer
P: 403-930-5430
E: [email protected]

1. Date of Report

July 8, 2026.