Mr. Shafi Aboobaker reports

FIRST PHILIPPINE-FOUNDED OUTSOURCING COMPANY LISTS ON THE TSX VENTURE EXCHANGE

Asiatel Outsourcing Inc.'s common shares have commenced trading on the TSX Venture Exchange under the symbol ATOI. Asiatel is the first Philippine-founded outsourcing company to list on the TSX-V.

Asiatel went public by completing its listing through the TSX-V's capital pool company (CPC) structure, utilizing the framework as a streamlined, practical path to public markets. The Canadian market is central to the company's international growth plan and is already home to a growing base of existing clients. The public listing is designed to build institutional credibility with larger corporate accounts and strategic acquisition targets as the company scales beyond its footprint in the small and mid-sized enterprise market. The TSX-V listing brings Asiatel under a rigorous governance and reporting framework of the TSX Venture exchange, a necessary step for future expansion into North American markets.

Asiatel has organically grown its revenue base to over $8.3-million, without taking on external debt. The listing is designed to finance Asiatel's next phase of growth, accelerating its shift from traditional outsourced execution toward higher-value KPO -- including engineering support, ESG (environmental, social and governance) compliance, accounting, SaaS (software-as-a-service) deployment and artificial-intelligence-assisted service delivery. As a public company, Asiatel aims to use the access to capital markets to fund its growth platform for acquisitions, starting in the Philippines and wider ASEAN, and with a future mandate that includes Latin America and Eastern Europe.

"Canada has been part of our growth plan for a while now, and this listing is the next step in that, not a new direction," said Shafi Aboobaker, chairman of Asiatel. "It gives us a public presence in North America and a stronger position with the clients and partners we want to work with here."

"This listing gives us a public vehicle to grow the business the way we always have, without leverage and with a clear plan for where the next stage of growth comes from. We look forward to building brand awareness and engaging with investors in North America," said Jasjit Singh Anand (Andy), chief executive officer of Asiatel.

Market-making services

The company is pleased to announce that it has retained Integral Wealth Securities Ltd. to act as the company's market support adviser and provide general market support services pursuant to a market support mandate agreement dated July 7, 2026, in compliance with the policies and guidelines of the TSX-V. As consideration for the services, the company has agreed to pay Integral a service fee of $6,000 per month (plus taxes). Following the initial three-month term commencing on the first day the company's shares are listed for trading on the TSX-V, Integral will provide the Services on a continuing basis and the company may terminate the agreement with 30-day prior written notice.

There are no performance factors contained in the agreement and Integral will not receive any common shares, options or other securities from the company as compensation for its services. Integral and the company are unrelated and unaffiliated entities and at the time of the agreement, neither Integral nor its principals have an interest, directly or indirectly, in the securities of the company. Integral is located at 181 University Ave., suite 1600, Toronto, Ont., M5H 3M7, and can be reached at 1-877-589-2020 or by e-mail to John Gibson, chief executive officer of Integral, at jg@integralwealth.com .

Integral and its clients may acquire an interest in the securities of the company in the future. Integral is an arm's-length party to the company. Integral will be responsible for the costs it incurs in buying and selling the company's common shares, and no third party will be providing funds or securities for the market-making activities.

Investor relations services

The company is also pleased to announce that it has engaged North Star Investor Relations Inc. to provide investor relations consulting services pursuant to a consulting agreement effective July 14, 2026. North Star will support the company's investor relations activities, including shareholder outreach, capital markets intelligence, media communications and the co-ordination of press releases. North Star is owned by Graham Ferrell and has an office in 130 King St. W No. 1900 Toronto, Ont., M5X 2A2, and can be reached at graham@northstarir.ca .

Under the consulting agreement, the company will pay North Star a monthly cash retainer of $5,000 for the first four months and $7,000 for the remaining eight months of the initial one-year term. The agreement may be renewed at the end of the one year term, to be mutually agreed upon between the company and North Star, and may be terminated by either party upon 30-day prior written notice. Both North Star and its principals are at arm's length to the company and, to the knowledge of the company, held no securities of the company at the time the agreement was entered into.

Pursuant to the consulting agreement, the company has granted North Star 250,000 options exercisable at 20 cents per share and expires five years after the date of grant. The options shall vest and become exercisable as to 25 per cent on each of the three-, six-, nine- and 12-month anniversaries of the date of grant. The options and any underlying shares are subject to a four-month hold period in accordance with TSX-V policies.

The engagement of North Star on the terms set out in the consulting agreement, including the payment of the fees and the grant of the options described above, is subject to approval by the TSX-V.

About Asiatel Outsourcing Inc.

Asiatel Outsourcing is an embedded extension office for growing companies. Based in the Philippines, Asiatel's teams power the business functions that are critical to scaling, becoming a true centre of excellence for its clients. Backed by nearly two decades of experience, Asiatel delivers this through three integrated engines: Asiatel BPO as the operational core, Asiatel KPO for specialized expertise and Asiatel Digital as the AI-powered multiplier.

Asiatel's full spectrum of outsourcing solutions ranges from employer of record (EOR), remote staffing, and managed services to knowledge process outsourcing (KPO), agentic AI, and intelligent workflow automation. Asiatel employs approximately 500 people in the Philippines and serves clients across eight countries. Asiatel trades on the TSX Venture Exchange under the symbol ATOI.

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