Mr. Steve Fray reports

ABAXX APPOINTS JEFF CURRIE AS EXECUTIVE CO-CHAIRMAN OF ABAXX MARKETS

Abaxx Technologies Inc. has appointed Dr. Jeff Currie as executive co-chairman of Abaxx Markets.

Dr. Currie has served as an independent director of Abaxx since 2023. In his expanded executive role, he will support development of Abaxx's global commodity markets, MarketOS technology suite and Agents++ for agentic finance. He will also contribute regular market research and commentary for the company. In connection with his expanded role, Dr. Currie will also serve as senior adviser to the boards of Abaxx Exchange and Abaxx Clearing.

Dr. Currie's market research and commentary will focus on the macroeconomic and physical market forces reshaping global commodities, including energy security, supply chain fragmentation, and the growing intersection of technology and physical infrastructure.

"I am pleased to expand my role with Abaxx at a time when paper markets have disconnected from physical realities," said Dr. Jeff Currie, executive co-chairman of Abaxx Markets. "Navigating this new regime requires next-generation infrastructure that aligns institutional price discovery directly with physical trade execution; and Abaxx has spent years building the exact market architecture and technologies required to lead this transition."

"As one of only a handful of global commodity clearinghouses built to launch new benchmarks and advanced physical market structure globally, Abaxx has made great progress in developing some of the world's most critical emerging benchmarks -- including LNG, physically deliverable gold kilobars in Asia, lithium carbonate and battery materials, carbon emissions offsets, and weather derivatives for the power industry," said Josh Crumb, founder and chief executive officer of Abaxx, co-chairman of Abaxx Markets. "At this next important stage of our growth, we look forward to working more closely with Jeff to establish the pricing benchmarks and physical market information technologies that will define the next generation of commodity trading; continuing our development of additional price curves that are required for oil, copper, aluminum, iron ore, industrial silver, chemicals, agricultural, strategic metals and many additional markets that are critical to the Canadian, Asian and global economies."

Dr. Currie is a leading commodities economist and market strategist with more than three decades of experience analyzing global commodity markets. Prior to assuming an executive role with Abaxx, he served from 2024 to 2026 as chief strategy officer of Energy Pathways at Carlyle and currently serves as a senior adviser to the firm. Before Carlyle, he spent nearly three decades at Goldman Sachs, where he served as global head of commodities research and helped build the firm's commodities business. Dr. Currie earned a PhD in economics from the University of Chicago in 1996 and currently serves as chair of the advisory group at the Energy Policy Institute at the University of Chicago.

Abaxx Markets refers to the company's subsidiary, Abaxx Technologies Corp., and its broader market infrastructure ecosystem connecting Abaxx's regulated futures, clearing, spot market precious metals and financial technology businesses across global commodity markets. The ecosystem includes Abaxx Exchange, Abaxx Clearing, Abaxx Spot and Adaptive Infrastructure, targeting gaps where legacy benchmarks and collateral systems remain misaligned with the requirements of modern global trade. MarketOS, Abaxx's transaction productivity suite for institutional markets, is the company's core technology product within Abaxx Markets.

About Abaxx Technologies Inc.

Abaxx Technologies is building smarter markets: markets empowered by better tools, better benchmarks and better technology to drive market-based solutions to the biggest challenges we face as a society.

In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore, the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiaries Abaxx Spot Pte. Ltd. and Adaptive Infrastructure.

Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally cleared futures contracts, including physically deliverable and financially settled products, in LNG (liquified natural gas), carbon, battery materials, precious metals and weather-indexed renewables, meeting the commercial needs of today's commodity markets and establishing the next generation of global benchmarks.

Abaxx Spot modernizes physical gold trading through a physically backed gold pool in Singapore. As the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers and is designed to support physical delivery for Abaxx Exchange's physically deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets.

Adaptive Infrastructure closes critical gaps in post-trade infrastructure by providing a unified custodial foundation across environmental markets and digital title assets. Incorporated in Barbados and regulated by the Financial Services Commission of Barbados, the company delivers institutional-grade custody, settlement and transfer agency services designed to reduce risk and improve reliability across asset classes.

Abaxx Labs is the company's center for engaging with the developer community to create the next generation of technology that will build smarter markets through open-source software tools that promote the use of Abaxx's ID++ technologies.

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