SCHEDULE: Citadel Discloses 8.6% Stake in Draganfly Inc.

Citadel and its affiliates, including Kenneth Griffin, have disclosed an aggregate beneficial ownership of 8.6% in Draganfly Inc. common shares.

Summary

• Citadel Advisors LLC, Citadel Advisors Holdings LP, and Citadel GP LLC collectively beneficially own 2,839,992 shares, representing 7.8% of Draganfly Inc.'s common shares.
• Citadel Securities LLC, Citadel Securities Group LP, and Citadel Securities GP LLC collectively beneficially own 310,775 shares, representing 0.9% of Draganfly Inc.'s common shares.
• Kenneth Griffin, through his control of the reporting entities, beneficially owns an aggregate of 3,150,767 shares, representing 8.6% of Draganfly Inc.'s common shares.
• The beneficial ownership includes 34,375,971 shares outstanding as of February 27, 2026, plus 1,413,531 shares issued upon warrant conversion and 706,469 shares issuable upon warrant conversion, totaling 36,495,971 shares outstanding for calculation purposes.
• The filing certifies that the securities were not acquired for the purpose of changing or influencing control of Draganfly Inc.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development. The disclosure of a significant passive stake by a reputable institutional investor like Citadel can instill confidence in the market regarding Draganfly Inc.'s potential, though it does not provide operational or financial performance insights.

Positives

• A significant stake by a prominent institutional investor like Citadel may signal increased institutional interest and confidence in Draganfly Inc.'s long-term prospects.
• The disclosure of a substantial institutional holding can enhance the company's visibility and potentially attract further investment.

Negatives

• The filing itself does not contain any negative information regarding Draganfly Inc.'s operations or financial performance.

Risks

• The filing does not detail specific risks related to Draganfly Inc.'s business operations or financial health, as it is a beneficial ownership report.

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance from Draganfly Inc. or the reporting persons regarding the issuer's future performance.

Industry Context

StockSavvy.ai notes that a significant stake by Citadel, a global investment firm known for its sophisticated trading strategies and extensive market research, in Draganfly Inc. could be interpreted as a vote of confidence in the drone technology sector or Draganfly's specific market position. This type of institutional investment often draws attention from other market participants, potentially signaling emerging opportunities within the industry, especially for companies focused on unmanned aerial vehicles (UAVs) and related services.

Comparison to Industry Standards

• This filing is a standard Schedule 13G, which is a common disclosure for institutional investors acquiring more than 5% of a company's stock without the intent to control or influence management. The percentage of ownership (8.6% for Kenneth Griffin) is a substantial passive stake, comparable to other significant institutional holdings seen in emerging technology companies.
• While direct comparisons to specific projects or results are not applicable for a beneficial ownership filing, the involvement of a major player like Citadel is often viewed positively, similar to how other large hedge funds or asset managers like BlackRock or Vanguard disclose significant passive stakes in companies across various sectors, including technology and aerospace.

Stakeholder Impact

• Shareholders: May see increased confidence and potential positive share price movement due to institutional validation.
• Employees: No direct impact from this filing, but a stronger investor base could indirectly support company stability and growth.
• Customers/Suppliers: No direct impact from this filing.
• Creditors: No direct impact from this filing.

Key Dates

Recommendation

The filing indicates a significant institutional investment by Citadel, which is generally a positive signal. However, as a Schedule 13G, it provides no operational or financial performance data for Draganfly Inc. to warrant a 'buy' or 'strong buy' recommendation. The investment suggests a long-term passive interest, making 'hold' a prudent recommendation for existing investors, while new investors might consider further due diligence on Draganfly's fundamentals before initiating a position.

Keywords

Draganfly Inc., Citadel, Kenneth Griffin, Beneficial Ownership, Schedule 13G, Institutional Investment, Common Shares, Drone Technology, UAV