Orion Digital Corp.

for more information regarding the Arrangement. This annual report on Form 20-F may refer to trademarks, trade names and material which is subject to copyright and which are protected under applicable intellectual property laws and are the property of Orion Digital. Solely for convenience, our trademarks, trade names and copyrighted material referred to in this annual report on Form 20-F may appear without the or symbol, but such references are not intended to indicate, in any way, that we will not assert, to the fullest extent under applicable law, our rights to these trademarks, trade names and copyrights. All other trademarks used in this annual report on Form 20-F are the property of their respective owners. This annual report on Form 20-F is dated April 30, 2026. Except where otherwise indicated, the information contained in this annual report on Form 20-F is stated as of December 31, 2025. 1 Table of Contents CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This annual report on Form 20-F contains "forward-looking statements" that relate to the Company’s current expectations and views of future events. These forward-looking statements are made under the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995, as amended.