Mobio Technologies Inc. Announces Internal Loan to Subsidiary Karve IT Ltd. and Repayment of Loans to Phoenix Ventures Inc.

(TheNewswire)

Vancouver, B.C. – March 6, 2026 – TheNewswire – Mobio Technologies Inc. (TSXV: MBO)(“Mobio” or the “Company”) announces thereceipt of an internal promissory note from its subsidiary, Karve ITLtd. (“Karve”). Mobio provided funding to Karve for the purpose ofrepaying outstanding loans owed by Karve to Phoenix Ventures Inc.(“Phoenix”).

The total amount repaid by Karve to Phoenix, andrepresented in the promissory note issued to Mobio, is $216,289.82CAD. The promissory note from Karve to Mobio is repayable on demandand bears interest at 14% per annum. Previously, the loans fromPhoenix to Karve, which have now been fully repaid, were alsorepayable on demand and carried an interest rate of 12% perannum.

These transactions received approval from therespective independent directors of both Mobio and Karve. LaurieBaggio, director and CEO of Mobio, abstained from voting due to adeclared conflict of interest.

About Mobio Technologies Inc.

Mobio Technologies Inc. (MobioBrands.com), a TSX VentureExchange-listed company (TSXV:MBO), is actively building a leading portfolioof moving and moving-related service brands, united by a dedication toquality, integrity, and exceptional customer experiences. As a publiccompany, Mobio strategically invests in both moving services andtechnology solutions, aiming to provide homeowners, businesses, andentrepreneurs with a trusted, seamless network for all moving andrelocation needs.

For additional information, please contact:

Laurie Baggio,CEO

Tel: 604-805-7498

Email: Investors@MobioBrands.com

CAUTIONARY NOTE REGARDINGFORWARD-LOOKING STATEMENTS

Other than statements of historicalfact, all statements included in this news release, including, withoutlimitation, statements regarding the grant of Options and future plansand objectives of Mobio, are forward-looking statements that involvevarious risks and uncertainties. There can be no assurance that suchstatements will prove to be accurate, and actual results and futureevents could differ materially from those anticipated in suchstatements. Factors that could cause actual results to differmaterially from those expected by Mobio are those risks describedherein and from time to time in the filings made by Mobio withCanadian securities regulators. These filings can be found on theInternet at www.sedarplus.ca.

Neither the TSX Venture Exchange norits Regulatory Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.

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