POSaBIT Appoints Emily Eagon, CPA, as Chief Financial Officer

POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) ("POSaBIT" or the "Company"), a leading provider of point-of-sale and payments technology for the cannabis industry, today announced the appointment of Emily Eagon as Chief Financial Officer, effective November 10, 2026. Emily has served as the Company's Vice President of Finance since May 2025.

As CFO, Emily will continue to oversee POSaBIT's accounting, financial reporting, planning, and capital strategy.

"Emily has been an invaluable part of our team since the day she joined, and her promotion to CFO is well earned," said Ryan Hamlin, Co-Founder and CEO of POSaBIT. "Her discipline, clarity, and deep understanding of our business make her exactly the right person to lead our finance organization as we continue to grow."

"I'm grateful to Ryan and the board for their confidence, and honored to step into the CFO role," said Emily. "Over the past year and a half, I've seen how this team executes, and I look forward to working alongside our leadership team to drive operational efficiency and long-term value."

Emily brings more than 20 years of accounting and finance leadership, with a track record of building finance functions from the ground up at venture- and private equity-backed technology companies. Previously, she served as Vice President of Finance at Predictis, an Alpine Investors portfolio company, where she led M&A integration. She also led finance at Discuss.io and spent seven years building Medium's accounting and finance function through its Series A and B rounds and acquisitions. Earlier in her career, she held Corporate Finance leadership roles at Jones Lang LaSalle.

About POSaBIT

POSaBIT (CSE: PBIT, OTC: POSAF) is a FinTech, working exclusively within the cannabis industry. We provide a best-in-class Point-of-Sale solution and are the leading cashless payment provider for cannabis retailers. We work tirelessly to build better financial services and transaction methods for merchants. We bring cutting-edge, AI-driven software and technology to the cannabis industry so that all merchants can have a safe and compliant set of services to solve the problems of a cash-only industry. For more information, visit www.posabit.com.

Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws, including statements regarding expectations regarding Ms. Eagon's leadership, her expected role in driving operational efficiency and long-term value, and the Company's growth strategy. Statements which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, outlook, expectations or intentions regarding the future, including words or phrases such as "anticipate," "believe," "estimate," "expect," "intend," "look forward to," "may," "plan," "potential," "predict," "should," "will," or similar expressions suggesting future outcomes, or the negative thereof. Forward-looking statements are based on the Company's current expectations and assumptions and are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated, including risks related to customer adoption of new products, general business and economic conditions, competitive pressures, regulatory uncertainty in the cannabis industry, and other risks described from time to time in the Company's filings with securities regulators. Readers are cautioned not to place undue reliance on forward-looking statements, and the Company undertakes no obligation to update any forward-looking statement except as required by law.

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