Ms. Kristen Spence reports

ARHT MEDIA INC. ISSUES SHARES RELATED TO SEMI-ANNUAL INTEREST PAYMENT ON SECURED SUBORDINATED DEBENTURES

Arht Media Inc. intends to issue an aggregate of $124,282.29 of interest payment owed to certain arm's-length and non-arm's-length holders of debentures through the issuance of an aggregate of 1,912,031 common shares of the company at a price of 6.5 cents per share. The debentures were issued in August, 2023, and mature on Aug. 3, 2025, and carry an annual interest rate of 15 per cent, accrued and payable semi-annually on each of June 30 and Dec. 31, payable in cash or shares at the option of the company and subject to the approval of the TSX Venture Exchange. Under the terms of the debentures, the interest payable to the holders of debentures is payable in common shares at a price per common share equal to the market price on Dec. 29, 2023. See press release dated Aug. 3, 2023.

All common shares issued in connection with the debt settlement are subject to a hold period of four months plus a day from the issuance and the resale rules of applicable securities legislation.

Certain directors, officers and other insiders of the company acquired direction and control over a total of 537,905 common shares under the debt settlement. The participation of those persons in the debt settlement constitutes a related party transaction within the meaning of Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. The company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of related party participation in the debt settlement as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involved the related parties, exceeded 25 per cent of the company's market capitalization (as determined under MI 61-101).

About Arht Media Inc.

Arht is a pioneer and the global leader in live hologram technology. Thanks to its patented end-to-end technology, executives, medical experts, educators, entertainers and thought leaders can travel at the speed of light to any destination.

Arht was founded in 2014 and is publicly traded on the TSX Venture Exchange. Arht has offices in North America, Europe and Asia and operates from its own studios in locations from Toronto to Singapore, as well as a large network of partner studios in every region.

We seek Safe Harbor.