Mr. Suman Pushparajah reports

PREDICTIV AI'S SHIFT TECHNOLOGIES ENTERS STRATEGIC JOINT VENTURE WITH ARCASIA HOLDINGS (PVT) LTD. TO DEPLOY AI-POWERED LOGISTICS PLATFORM ACROSS GLOBAL FIRST, MIDDLE, AND LAST MILE NETWORKS

Predictiv AI Inc.'s subsidiary, Shift Technologies, has entered into a strategic joint venture with Arcasia Holdings Pvt. Ltd., a family office founded and led by Aravinda De Silva, Sri Lanka's 1996 World Cup-winning cricket legend and ICC Hall of Fame inductee.

The joint venture is designed to deploy Shift Technologies' artificial-intelligence-powered logistics platform directly within Arcasia Holdings' ecosystem of companies, partnerships and operating networks, enabling immediate deployment of Shift Technologies' logistics solutions.

Arcasia Holdings: capital access, public markets and operational scale

Arcasia Holdings is a South Asian-based investment firm with a diversified portfolio spanning multiple publicly listed and private companies, including a significant position in Ambeon Capital PLC. Through the broader Ambeon Group, Arcasia has exposure to key sectors such as logistics, technology, financial services, real estate (commercial, retail and leisure), mining, food and essential goods, and capital markets.

Further, Arcasia Holdings actively deploys capital across high-growth sectors, including logistics, automotive, engineering and real estate. Arcasia Holdings maintains a robust pipeline of companies under development for future public listings, reinforcing its role as both a capital provider and a builder of scalable enterprises.

Beyond capital markets, Arcasia Holdings' investment interests are focused on:

• Integrated logistics and e-commerce logistics networks;
• Last-mile delivery warehousing infrastructure;
• Air cargo partnerships and international freight relationships;
• Multioperator distribution and transport networks;
• Automotive and infrastructure-linked businesses.

Why this relationship matters

Arcasia Holdings forms a multicompany alliance with operational capability and capital backing, positioned along key logistics corridors across Southeast Asia, the Middle East and adjacent markets. A meaningful share of these logistics-related companies is expected to adopt the Shift AI platform, creating a built-in base for initial deployment and future expansion.

This joint venture is not a traditional partnership between a technology provider and a prospective customer base. Instead, Shift Technologies will be embedded within an already established ecosystem of commercial logistics operators, affiliate networks and distribution infrastructure -- providing a direct pathway to rapid deployment and near-term revenue generation.

Market opportunity: first mile, middle mile and last mile

It is widely accepted that the global logistics industry remains fragmented across first-, middle- and last-mile operations, with limited integration among these layers. The joint venture targets this gap through the following:

• First mile -- inbound logistics from ports, suppliers and manufacturers, where allocation, capacity planning and service levels are often disconnected from downstream operations;
• Middle mile -- the highest-value segment of logistics, involving multileg transport between ports, hubs and distribution centres, where routing, cost control and network efficiency directly impact margins;
• Last mile -- the fastest-growing segment, driven by e-commerce and on-demand delivery, requiring real-time execution, routing and customer visibility.

Together, these segments represent a significant opportunity in global logistics.

Joint development: end-to-end logistics platform

The joint venture will focus on developing and deploying a unified platform throughout the supply chain. First-mile capabilities will include allocation, capacity planning and service-level management at the origin. Middle-mile capabilities will include transport management, route optimization, carrier co-ordination and multileg execution across networks. Last-mile capabilities will include dispatch, routing, proof of delivery, acceptance management and settlement across delivery networks. These supply chain layers form a complete port-to-home system that enables real-time visibility, predictive performance and execution control across the entire logistics life cycle.

Strategic fit: intelligence layer meets operating network

Shift Technologies provides:

• Artificial-intelligence-powered logistics platform and data intelligence;
• System architecture and execution control;
• Continuous optimization across logistics operations.

Arcasia Holdings and affiliated entities provide:

• Access to operating companies and logistics networks;
• Capital deployment through a family office structure;
• Established partnerships across the logistics and infrastructure sectors.

Joint venture structure and alignment:

• Ownership: Predictiv AI (through Shift Technologies) 51 per cent and Arcasia Holdings 49 per cent;
• Governance: five-member board of directors, with Predictiv AI appointing three directors and Arcasia Holdings appointing two directors.

The parties have entered into a non-binding term sheet with respect to the proposed joint venture. Completion remains subject to the negotiation and execution of definitive agreements, including the incorporation of a new joint venture entity in Sri Lanka, a shareholder agreement governing the entity, and a licensing agreement between Shift Technologies and the joint venture.

"This partnership gives us immediate access to operating logistics networks," said Suman Pushparajah, chief executive officer of Predictiv AI. "Arcasia Holdings brings companies, capital and partnerships that enable us to deploy and scale rapidly in multiple markets. We are not building in isolation -- we are integrating directly into first-, middle- and last-mile operations."

"Through Arcasia, we have built a network spanning logistics, capital markets and operating businesses," said Aravinda De Silva, chairman of Arcasia Holdings. "This joint venture allows us to introduce Shift's AI-driven intelligence to these networks and scale it as we expand into new markets and develop additional companies."

About Predictiv AI Inc.

Predictiv AI is a Canadian artificial intelligence company focused on developing vertical AI applications for defined industries. The company's products address fleet operations and communications, including fleet management software, AI-based agents for voice, chat and SMS, and tools designed to support structured operational workflows.

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