SHF Holdings Amends Agreement with Partner Colorado, Expected Revenue Increase of $9 Million

SHF Holdings announced am amendment to its Commercial Alliance Agreement with Partner Colorado Credit Union that fundamentally improves the Company's economics and positions it for accelerated, profitable growth. The amended agreement extends the customer relationship through December 2031 from its original 2029 expiration date with automatic two-year renewal provisions, fundamentally enhancing the Company's revenue model, reducing costs, and positioning the business for accelerated growth. The amended Commercial Alliance Agreement delivers multiple immediate and long-term benefits to Safe Harbor: Revenue Enhancement of $9 million over term: Safe Harbor will receive up to 65% of loan interest income, generating an expected $9+ million over the agreement term with no incremental cash costs. In exchange, Safe Harbor will indemnify up to 65% of the potential net losses on defaulted loans, converting non-cash risk exposure into substantial cash revenue. To date, no loans issued by PCCU have defaulted, evidencing the effectiveness of Safe Harbor's underwriting capabilities. Immediate Cost Reduction: Our asset hosting fee decreases by approximately 23% or $250,000 annually and $1.5 million over the term of the agreement, based on our Q3 2025 reported numbers. The new terms replace a fixed fee structure with a graduated fee structure. The cost savings scales up to approximately $600,000 annually as PCCU's deposit base grows. Safe Harbor will receive approximately $400,000 as retroactive payment from PCCU: The amended agreement is retroactive to October 1, 2025.