A cease trade order was issued by the British Columbia Securities Commission on July 6, 2026, due to Verses AI Inc.'s failure to file the following periodic disclosure:

• Annual audited financial statements for the year ended March 31, 2026;
• Annual management's discussion and analysis for the year ended March 31, 2026;
• Annual information form for the year ended March 31, 2026;
• Certification of annual filings for the year ended March 31, 2026.

The securities of the company will remain suspended pursuant to a previous bulletin issued on June 19, 2026.