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TORONTO, ONTARIO – TheNewswire - October 27, 2026 — AEON STRATEGIES LTD. (formerly Cloud3 Ventures Inc.) (CSE: AEON) (OTCQB: CLDVF) (FSE: WQ40) (the “ Company ” or “ Aeon ”) provides an update to its news release dated October 23, 2026 (the “ Default Announcement ”) regarding the anticipated late filing of its audited annual financial statements for the year ended June 30, 2026, the related management’s discussion and analysis and the related CEO and CFO certifications (collectively, the “ Annual Filings ”). The Default Announcement stated that the Company expected to file the Annual Filings on or before December 4, 2026. The Company’s auditor, Davidson & Company LLP (the “ Auditor ”), has since advised that it estimates the audit will be completed and the Annual Filings will be filed on or before December 31, 2026.

As previously announced, the delay is due to (i) the limited availability of the Auditor; and (ii) the additional time required to complete audit procedures relating to the Company’s crypto-related investments, which are more complex than in prior years. The Auditor remains engaged, and the Company is working with the Auditor to complete the audit.

The Company has applied to the Ontario Securities Commission, as principal regulator, for a management cease trade order (the “ MCTO ”) under National Policy 12-203 – Management Cease Trade Orders (“ NP 12-203 ”). If granted, the MCTO will prohibit the Company’s Chief Executive Officer and Chief Financial Officer from trading in the Company’s securities until the Annual Filings are filed and the MCTO is revoked. The MCTO generally will not affect the ability of other shareholders to trade in the Company’s listed subordinate voting shares. There is no assurance that the MCTO will be granted. If the MCTO is not granted, the securities regulators may issue a general cease trade order prohibiting all trading in the Company’s securities.

Until the Annual Filings are filed, the Company will comply with the alternative information guidelines set out in NP 12-203. These guidelines require the Company to issue bi-weekly default status reports by way of news release for so long as the Annual Filings remain outstanding.

About Aeon Strategies Ltd.

Aeon Strategies Ltd. (CSE: AEON) is an investment issuer focused on investing in high-potential companies operating across a variety of industries and sectors. The goal of the Company is to generate maximum returns from its investments.

On behalf of the Board of Directors

Inderpal Lehal

Chief Executive Officer

Email: info@cloud3.ventures

Ph: 604-653-6000

Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements:

Certain information contained in this news release may constitute "forward-looking information" or "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking information is often identified by the use of words such as “plans,” “expects,” “may,” “should,” “could,” “will,” “intends,” “anticipates,” “believes,” “estimates,” “forecasts,” or variations of such words and phrases, including the negative forms thereof, as well as terms such as “pro forma” and “scheduled,” and similar expressions that refer to future events or outcomes.

Forward-looking statements in this release, including, without limitation, statements relating to the anticipated timing, review, completion, and filing of the Annual Filings, the Company’s ongoing operations, and the expected duration of the MCTO, involve known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those expressed or implied by such statements. There can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated.

Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking information contained herein, except as required by applicable securities laws .

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

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