Mr. Patrick Gray reports

GENAI PROVIDES UPDATE ON STATUS OF ANNUAL FINANCIAL STATEMENTS

Generative AI Solutions Corp. has provided an update to its previously announced management cease trade order (MCTO) granted by the British Columbia Securities Commission (BCSC) under National Policy 12-203, Management Cease Trade Orders.

Pursuant to the MCTO, the corporation's chief executive officer, Patrick Gray, and the corporation's chief financial officer, Paul Ciullo, may not trade in securities of the corporation until such time as the corporation files its annual audited financial statements, annual management discussion and analysis, and related certifications for the year ended Jan. 31, 2025, and the BCSC revokes the MCTO.

The MCTO does not affect the ability of other shareholders to trade their securities.

The corporation has not yet filed the required documents; however, the company is working diligently with its auditor and expects that the required documents will be filed as soon as possible. The company had previously announced that it expected the required documents to be filed around June 30, 2025; however, due to continuing processes, the company expects to require more time to complete the required documents.

As previously reported, the delay is outside of the company's control and due solely to quality review of audit procedures and financial review procedures of its external auditor, including in respect of the treatment of certain acquisitions of the company and their presentation in the financial statements.

The company confirms that it intends to satisfy the provisions of NP 12-203 and issue biweekly default status reports for so long as the company remains in default of the financial statement filing requirement, containing any material changes to the information in this release, all actions taken by the company to remedy the default, particulars of any failure by the company to fulfill these provisions, any subsequent defaults of the company requiring a default announcement and any other material information concerning the affairs of the company not previously disclosed.

About Generative AI Solutions Corp.

Generative AI is a pioneering artificial intelligence company focused on developing a vertically integrated AI solutions business through its proprietary MAI Cloud platform, with the development and commercialization of AI-powered tools and solutions for businesses and consumers across multiple industries. At Generative AI, the company's mission is to harness the power of AI to create transformative products and services that benefit businesses and consumers across various sectors. The company's team of talented AI professionals and engineers are dedicated to developing state-of-the-art AI-based solutions that have broad applicability and can be seamlessly integrated into diverse workflows. By leveraging its MAI Cloud platform and its expertise in machine learning, natural language processing and data analytics, the company builds versatile high-performance tools that redefine efficiency, productivity and user experience.

We seek Safe Harbor.