Calgary, Alberta – June 17, 2025 — High Arctic Overseas Holdings Corp. (TSXV: HOH) announced that the TSX Venture Exchange has accepted its intention to launch a Normal Course Issuer Bid (NCIB). The program will run from June 20, 2025 to June 19, 2026, allowing the Corporation to repurchase up to 622,408 common shares, representing approximately 5% of outstanding shares.

Purchases will be made through ATB Capital Markets at prevailing market prices and cancelled upon acquisition. Funding will be drawn from the Corporation’s working capital. High Arctic noted it may adopt an automatic securities purchase plan with ATB Financial to allow repurchases during blackout periods, in line with Canadian securities laws. Outside restricted periods, the timing of purchases will be at management’s discretion.

The Board believes the current market price does not fully reflect the company’s value and that the NCIB represents an efficient use of funds, expected to benefit continuing shareholders by increasing their equity interest.