Vancouver, British Columbia – March 7, 2025 – P2P Group Ltd. (the “Company”), announces todaythat pursuant to its news releases dated February 25, 2025, and March 6, 2025, it closed the first tranche of thenon-brokered private placement (the “Financing”).

The Company issued 7,596,419 units (“Units”) in the capital of the Company at a price of CAD$0.13 per Unit, forgross proceeds of CAD$987,534.47. Each Unit consists of one (1) common share (“Share”) and one sharepurchase warrant (each a “Warrant”). Each Warrant is exercisable by the warrant holder to acquire oneadditional Share at a price of $0.18 if exercised within 12 months and $0.25 if exercised after 12 months ofissuance and before the 24 month expiry period, subject to acceleration. In the event the volume weightedaverage trading price of the Shares on the Exchange is greater than $0.25 for a period of 10 consecutive tradingdays, the Company may accelerate the Warrant exercise period, requiring holders to act within 10 business days.

The Company paid finders fees, in cash, in the amount of $4,950.

The securities issued pursuant to the Financing are subject to a statutory hold period of four (4) months plus one(1) day that will expire on July 7, 2025.

One insider of the Company subscribed for 100,000 Units under the Financing, which is a “related partytransaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders inSpecial Transactions (“MI 61-101”). The Company has relied on the exemptions from the formal valuation andminority shareholder approval requirements of MI 61-101 contained in subsections 5.5(a) and 5.7(1)(a) of MI61-101 in respect of any related party participation in the Offering, as neither the fair market value of the subjectmatter of, nor the fair market value of the consideration for, the transaction, insofar as it involved the relatedparties, exceed 25% of the Company’s market capitalization.

The Company has allocated the net proceeds of the Financing for general working capital and administrationpurposes.

The Company may close a second and final tranche.