Mr. Josh Crumb reports

JEFF CURRIE APPOINTED NON-EXECUTIVE CHAIRMAN OF THE BOARD; JOSH CRUMB CONTINUES AS CHIEF EXECUTIVE OFFICER

Abaxx Technologies Inc. has appointed Dr. Jeff Currie as non-executive chairman of the board, Alison Ford as an independent director and Mark A. Jacobsen as executive legal counsel and head of global governance.

Dr. Currie, a director of the company since 2023, has been appointed non-executive chairman of the board. He will also chair the company's disclosure committee and work with management to deepen engagement with institutional shareholders and capital markets. Josh Crumb continues as chief executive officer, leading the execution of the company's strategic plans and the growth of its integrated market ecosystem. The previously announced interim executive co-chairman arrangement for Abaxx Markets has concluded.

Ms. Ford has been appointed to the board of directors as an independent director and will stand for election at the annual general meeting on Dec. 10, 2026. She brings two decades of experience building and scaling technology and infrastructure businesses in regulated markets, including leadership roles at Slack, Kraken, MARA and Duke Energy.

Mr. Jacobsen joins from TSMP Law Corp. in Singapore, having served as lead external counsel on the licensing and recognition of the Abaxx Singapore entities. He brings extensive international legal and regulatory experience to support Abaxx's expansion into new jurisdictions and broaden access to its markets.

The appointments build on the strength and expertise of Abaxx's team, adding capacity for commercial expansion and technology integration across its exchange and clearing businesses. They also support the continued development of investor reporting that reflects the company's scale and maturity, including progress toward commercial and financial objectives. These efforts are designed to serve existing shareholders and engage a broader base of institutional investors.

Beginning with its fourth-quarter 2026 financial results, the company intends to provide initial guidance on net cash usage and milestones toward cash-flow break-even and introduce quarterly operational metrics consistent with those reported by major international exchange operators. In parallel, management, with oversight from the audit committee, continues to strengthen the company's internal controls over financial reporting and accounting processes as the business grows in scale and complexity.

"Our engagement with institutional investors increasingly centers on how the exchange and technology businesses we have built can work together to create long-term value," said Mr. Crumb. "I'm grateful for Jeff's partnership in these relationships as chairman while I focus on growing adoption of our markets and expanding the application of our technology. Alison and Mark are accomplished leaders whose judgment and depth of expertise will be invaluable as we build the next chapter of Abaxx."

Upcoming corporate events

The company expects to release its third-quarter financial results after market close on Wednesday, Nov. 11, 2026, followed by its Q3 2026 earnings and business update call on Thursday, Nov. 12, 2026, at 8:30 a.m. EST. Registration for Thursday's webcast is available at the company's website.

The company's annual general meeting of shareholders will be held on Thursday, Dec. 10, 2026, at 1 p.m. EST.

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, including the energy transformation and the transition to an artificial-intellicence-augmented economy.

We seek Safe Harbor.