Mr. Martin Schuermann reports

ABERDEEN INTERNATIONAL INC. (TSX: AAB, FR: A8H, OTC: AABVF) REPORTS RESULTS FOR THE THREE AND NINE MONTHS ENDED OCTOBER 31, 2023

Aberdeen International Inc. has released its financial results for the three and nine months ended Oct. 31, 2023.

For the three and nine months ended Oct. 31, 2023, Aberdeen reported a net loss of $3.7-million and $11.6-million or three cents and eight cents per basic share from total revenue of $(3.3-million) and $(10.1-million) (realized loss on investments of $900,000 and $3.3-million, unrealized loss on investments of $2.4-million and $6.8-million). For the three and nine months ended Oct. 31, 2022, Aberdeen reported net loss of $5.2-million and $7.3-million or four cents and five cents per basic share from total revenue of $(4.4-million) and $(3.6-million) (realized loss on investments of $1.9-million and $4-million, unrealized (loss) gains on investments of $(2.5-million) and $400,000).

Market conditions remain challenging, and the portfolio remains heavily invested in early-stage companies, largely in the natural resources, clean energy and battery metals sectors -- sectors that are thematically important as the world seeks to secure critical materials for a growing population while concurrently transitioning to a lower-carbon energy mix. Despite the significance of these themes and the company's exposure to them, early-stage investment valuations have been pressured amidst a global risk-off environment, driven by inflationary concerns, global conflict and monetary policy actions being taken by central banks, amongst other factors.

About Aberdeen International Inc.

Aberdeen International is a global resource investment company and merchant bank focused on small-capitalization companies in the rare metals, clean energy and renewable energy sectors.

We seek Safe Harbor.