Fitell Declares $0.10 Interim Dividend; Launches Additional One-Time Shareholder Loyalty Program Offering Up To $0.15/Share

Fitell Corporation (NASDAQ:FTEL) ("Fitell" or the "Company") announced its board of directors (the "Boards") of the Company has declared two initiatives – an interim dividend and a one-time shareholder loyalty program – both designed to return value to shareholders and enhance long-term investor alignment with the Company's evolving growth strategy.

Interim Dividend

The Board has declared an interim dividend of $0.10 per share, payable in cash. The dividend is payable on January 13, 2026, to shareholders of record as of the close of business on December 30, 2025. The ex-dividend date will be December 30, 2025. The dividend reflects Fitell's improved cash and digital asset position and the Board's commitment to returning capital to shareholders while continuing to support the Company's growth initiatives across fitness, corporate treasury management, and robotics.

Shareholder Loyalty Program

In additional to the interim dividend, the Board has declared a one-time shareholder loyalty payment of up to $0.15 per share under its newly approved Shareholder Loyalty Program ("Shareholder Loyalty Program"). Eligible shareholders who transfer their shares into book-entry form with the Company's transfer agent on or prior to the loyalty program start and record date of December 29, 2025, will receive up to three (3) tranches of loyal payments if they maintain continuous ownership for 30 to 90 calendar days thereafter, payable in cash as following:

●	Such eligible shareholders who maintain their book entry with the Company's transfer agent for first 30 calendar days of the loyalty period will receive $0.05 in cash, payable as soon as practical after expiration of such 30-day period;
●	Such eligible shareholders who maintain their book entry with the Company's transfer agent for first 60 calendar days of the loyalty period will receive an additional $0.05 in cash, payable as soon as practical after expiration of such 60-day period; and
●	Such eligible shareholders who maintain their book entry with the Company's transfer agent for full 90 calendar days of the loyalty period will receive an additional $0.05 in cash, payable as soon as practical after expiration of such 90-day period.

The enrollment and election period will be running from December 29, 2025 to March 28, 2026 (both dates inclusive), and the loyalty payment expected to be distributed on or about the 15th day after the expiration of each 30-day tranche. Insiders, including officers, directors, and employees of the Company, are not eligible to participate in the Shareholder Loyalty Program.

Shareholders should consult their tax advisors regarding the tax implications of receiving this distribution and the loyalty payment.