XTM Provides Product and Business Update

Company Expands Earnings Access Options, Strengthens AnyDay™ Brand, and Adds 90 New Locations in Q1 2025

TORONTO--(BUSINESS WIRE)--XTM (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a fintech leader in automated tip pooling, instant payouts, and Earned Wage Access (“EWA”) via its AnyDay™ platform, is pleased to provide key corporate updates, highlighting business momentum and financing progress.

Growth and Profitability Initiatives

• The Company added 90 new locations and 176 new SaaS subscribers in Q1 2025.
• Cost reduction initiatives: The company is leveraging increased Gross Dollar Value (GDV) load volume to negotiate lower cost of goods sold.
• Self-Funded Earnings Access Model: The Company is shifting focus to direct employer partnerships, enabling businesses to self-fund their Earnings Access programs while earning interest on payroll allocations empowering a sustainable and profitable business model.
• The Company continues negotiations on financing options beneficial to shareholders and the business.

New Scheduled Payments Direct to Bank Accounts

To enhance flexibility and compliance, XTM has introduced Scheduled Payments, allowing AnyDay™ members to by-pass the card and instead opt in for two free monthly earned tip deposits directly to their bank accounts. In addition, effective in the second quarter of 2025, Scheduled Payments users are able to make in-app requests for a portion of their earnings to bank account, beyond twice a month, to AnyDay, AnyHour, AnyMinute with a simple tap -- an essential tool for unforeseen financial needs.

Commitment to AnyDay™ and Strategic Shift from Physical Cards

Following a recent market analysis, XTM has reaffirmed its commitment to the AnyDay™ ecosystem, ensuring members and clients continue to benefit from its tailor-made B2B2C solution. To sharpen its strategic focus, the Company has renewed its determination to invest in the AnyDay™ platform and retain its users in its ecosystem, delivering unmatched value, with a runway of opportunity for further optimization.

As part of this strategic focus, XTM will launch a virtual card feature within the AnyDay™ app by mid-Q2 2025, reducing reliance on physical cards and eliminating the costs and logistical challenges associated with card issuance.

XTM remains sharply-focused on profitability, prioritizing direct relationships with employers across North America to deliver its bespoke AnyDay™ solution. These initiatives reflect XTM’s continued drive toward scalable growth and sustainable profitability.

About XTM Inc.

XTM is a leading fintech company that provides innovative payment solutions, including Earned Wage Access (EWA), to businesses in the hospitality, personal care, and staffing industries. Its flagship product, AnyDay™, allows employees to access their earned wages on-demand. XTM’s fully owned subsidiary, QRails, offers a cloud-based payment platform that powers on-demand pay for workers and payroll providers globally.

For more information about XTM, visit xtminc.com

Disclaimer for Forward Looking Statements

This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws (the “forward-looking statements”), within the meaning of applicable Canadian securities legislation, including management’s plans regarding its businesses. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as “expect,” “plan,” “anticipate,” “project,” “target,” “potential,” “schedule,” “forecast,” “budget,” “estimate,” “intend” or “believe” and similar expressions or their negative connotations, or that events or conditions “will,” “would,” “may,” “could,” “should” or “might” occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. These forward-looking statements are made as of the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur.

While we have based these forward-looking statements on our expectations about future events as at the date that such statements were prepared, the statements are not a guarantee that such future events will occur and are subject to risks, uncertainties, assumptions and other factors which could cause events or outcomes to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update or alter any forward-looking statements except as required under applicable securities laws. For the reasons set forth above, undue reliance should not be placed on forward-looking statements.

The CSE has not approved nor disapproved the contents of this press release, and the CSE does not accept responsibility for the adequacy or accuracy of this release.