Mr. Jungsoo Kim reports

AGEDB TECHNOLOGY ANNOUNCES CLOSING OF DEBT SETTLEMENT

Further to the news release dated May 20, 2026, AGEDB Technology Ltd. has received TSX Venture Exchange approval and closed its debt settlement transaction to settle an aggregate of $143,081 of outstanding indebtedness owing to four creditors.

Pursuant to the debt settlement, the company has issued an aggregate of 878,379 units at a deemed price of 13.5 cents per unit of the company to three creditors and 181,481 common shares of the company to one creditor at a deemed price of 13.5 cents per share. Each unit consists of one common share and one transferable common share purchase warrant. Each warrant will entitle its holder to purchase one common share in the capital of the company at a price of 18 cents for 24 months from the closing date of the debt settlement.

All securities issued to the creditors or in connection with the debt settlement are subject to a statutory hold period of four months and one day.

An insider of the company participated in the debt settlement. The issuance of the shares to related parties is considered to be a related-party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The company has relied on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 (and Policy 5.9) as the fair market value of the shares issued to such persons does not exceed 25 per cent of the company's market capitalization.

We seek Safe Harbor.