TCM|Strategic Provides Update on Fund Holdings

Group 1 - TCM|Strategic has distributed 1,385,147 common shares of Digimarc Corporation to certain Limited Partners, bringing its total ownership to 2,355,093 shares [1] - TCM|Strategic was formed in September 2020 as a Special Purpose Vehicle specifically for investing in Digimarc Corporation, with an original fund life of four years [2] - Approximately two-thirds of the Limited Partners have agreed to extend the Fund's expiry date by multiple years to maintain full ownership and control of their pro rata interest [2]