Impact Development Group Adopts Semi-Annual Financial Reporting

May 15, 2026 7:55 AM EDT | Source: Impact Development Group Inc.

Toronto, Ontario--(Newsfile Corp. - May 15, 2026) - Impact Development Group Inc. (TSXV: IMPT) (" Impact ", " IDG " or the " Company ") announces that it has elected to rely on Coordinated Blanket Order 51-933 Exemption to Permit Semi-Annual Reporting for Certain Venture Issuers ("Coordinated Blanket Order 51-933") and move to a semi-annual financial reporting framework ("SAR").

Coordinated Blanket Order 51-933 allows eligible venture issuers listed on the TSX Venture Exchange and the Canadian Securities Exchange to voluntarily move from a quarterly to a semi-annual financial reporting framework.

Under the SAR pilot program, the Company will be exempt from filing interim financial reports and related Management's Discussion & Analysis ("MD&A") for its first and third fiscal quarters. Impact's fiscal year ends on December 31. The Company intends to rely on the exemption beginning with the interim period ending March 31, 2026, and accordingly does not intend to file interim financial reports and related MD&A for that period or any subsequent first and third fiscal quarters while relying on the exemption. The Company will continue to file audited annual financial statements and six-month interim financial reports in accordance with applicable securities laws and the requirements of the TSXV.

The Company confirms that it currently meets the eligibility criteria under Coordinated Blanket Order 51-933 as it is a venture issuer with its shares listed on an exchange, has annual revenues of less than $10 million, has a disclosure record of more than 12 months, and has filed all required periodic and timely continuous disclosure documents.

This news release is being filed pursuant to Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.

About Impact

Impact is a Panamanian based real estate developer that provides affordable housing solutions to Panama's growing middle-class supported by a longstanding subsidized government program. The vision of IDG is effectuated by a vertically integrated model which coordinates all services necessary to develop high-quality residential and commercial buildings, including land acquisition, financing, architectural, engineering, off-site manufacturing, general contracting, property management, and administration.

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