Toronto, Ontario – The Newswire – August 7, 2026 - Ventripoint Diagnostics Ltd. (" Ventripoint " or the " Company ") (TSXV:VPT; OTC:VPTDF) announces that it incorrectly granted 7,246,250 stock options of the Company to various officers, employees and consultants of the Company during the period of February 27, 2025 to May 27, 2026 as the Company did not obtain the necessary annual shareholder approval for the Company's stock option plan. The Company had previously cancelled 250,000 option grants which will not be re-granted and effective June 30, 2026 has cancelled 4,301,250 option grants (the “ Cancelled Options ”), which included 1,000,000 options granted to an officer of the company. The Company has re-granted 3,151,250 of the cancelled options including 1,000,000 to an officer of the company and granted 3,241,500 annual incentive option grants to directors, officers, employees and consultants of the Company, which included 1,500,000 to officers and directors, at the current market price on July 8, 2026 under the stock option plan, which was approved at the Company's recent shareholder meeting on May 27, 2026. A total of 6,392,750 were granted at an exercise price of $0.095 for terms of 2 to 10 years and vesting immediately to over 3 years. The company has 13.7 million options issued at a volume-weighted average exercise price of $0.16. and 5.0 million options available for future grants. The Company also announces that the grant and exercise of an aggregate of 2,695,000 stock options to various employees and consultants of the Company will be treated as a non-brokered private placement at prices ranging from $0.10 to $0.12, with an effective closing date of July 29, 2026, subject to TSXV acceptance.