Mr. Josh Bruni reports

A RACING FIRST: MBM MOTORSPORTS AND AIRES TECH PARTNER TO PROTECT NASCAR CUP TEAM FROM IN-RACE ELECTROMAGNETIC FIELD RADIATION IN INNOVATIVE SPONSORSHIP

American Aires Inc. and MBM Motorsports have partnered for a first-of-its-kind sponsorship integration for the Nascar Cup Series where Chad Finchum will become the first-ever driver to shield himself from electromagnetic field radiation (EMF) that emits from in-race communication systems. This pioneering partnership will support Mr. Finchum and the MBM Motorsports team during the Straight Talk Wireless 400 at Homestead-Miami Speedway on Oct. 27.

Mr. Finchum and the No. 66 Ford Mustang crew will showcase Aires Tech's products, which are designed to shield the human body from EMF radiation emitted by wireless technologies. For Mr. Finchum and his race crew, Aires' Lifetune will protect them against the EMF emissions from their many complex in-race communication devices throughout the 267-lap race.

The Straight Talk Wireless 400 marks a triumphant return for Mr. Finchum, who last ran in the Cup Series on June 30 at the Ally 400 at Nashville Superspeedway. The Knoxville, Tenn., native brings a wealth of experience from the supporting championship category, the Nascar Xfinity Series, including more than 115 race starts. He carries an active streak of back-to-back top 25 finishes at Homestead-Miami that will propel him into his first premier series start at this track.

Aires Tech will be featured in the car's paint scheme, prominently displayed on the rear quarter panel. The brand will host a fan contest for a chance to win a VIP Nascar experience that includes a meet-and-greet with driver Chad Finchum, a tour of his hauler and a seat atop the pit box to listen to team communications during the race. A supply of Aires Tech products are included in the winner's package ($1,000 value). Fans can enter by visiting the contest page at Aires Tech from now until Oct. 20.

"We jumped at the chance to create the first-ever 100-per-cent electromagnetic field radiation-neutral race team, showcasing technology that proudly protects Chad and his crew in a high-octane environment that requires split-second reaction time and performance," said Josh Bruni, chief executive officer, Aires Tech. "Innovative moments like this raise awareness about the potential risks of EMF radiation from wireless technology and devices and steps available to neutralize the potentially harmful effects of EMF radiation. We commend Chad and the MBM Motorsports team for their pioneering approach in integrating this technology into their raceday regimen."

"Competing at the highest levels of motorsports trains you to be open to all types of innovation and we admire Aires Tech for using their tech to benefit our No. 66 Ford Mustang team," said Carl Long, owner, MBM Motorsports. "We're excited to see Chad competing again at the Cup level on the wings of an outstanding team and the support of a dynamic new sponsor."

"I love racing at Homestead, a track that challenges every driver to manage their tire wear while racing inches off the wall, ripping the fence," driver Mr. Finchum said. "It is exciting to welcome Aires Tech to Nascar and have their devices to support and maintain my family's healthy lifestyle. Behind the wheel, where cockpit temperatures can exceed 130 degrees F, keeping my mental clarity and focus is paramount to my success on-track. Aires Tech products protected me during my simulator training and they will enable me to put in my best performance when we get down to Miami."

The Straight Talk Wireless 400 will broadcast and stream live on NBC and Peacock from Homestead-Miami Speedway on Sunday Oct. 27.

The company has entered into a debt settlement agreement with MK Barber Inc., dated Oct. 15, 2024. Pursuant to the agreement, the company has agreed to settle the amount of $7,000 (U.S.) ($9632.70 (Canadian)) through the issuance of 37,049 common shares at a deemed price of 26 cents per share. The agreement and the issuance of the common shares thereunder are subject to the approval of the Canadian Securities Exchange. The common shares will be subject to Canadian and U.S. resale restrictions pursuant to applicable securities laws and CSE policies.

About American Aires Inc.

American Aires is a Canadian-based nanotechnology company committed to enhancing well-being and environmental safety through science-led innovation, education and advocacy.

We seek Safe Harbor.