Mr. James Lee reports

HEALWELL'S ORION HEALTH SIGNS MEMORANDUM OF UNDERSTANDING WITH LEAN BUSINESS SERVICES TO ADVANCE AI-POWERED HEALTHCARE IN SAUDI ARABIA & ACROSS THE MIDDLE EAST

Healwell AI Inc. and its subsidiary, Orion Health, have signed a memorandum of understanding (MoU) with Lean Business Services from the Kingdom of Saudi Arabia to jointly explore digital health and artificial intelligence solutions in the Middle East and global markets.

Lean is a leading Saudi Arabian digital health technology company that provides data and interoperability solutions designed to power the kingdom's health care ecosystem. Lean supports national digital transformation initiatives through secure health data exchange, cloud services and advanced health information systems, serving as a key enabler of Vision 2030's health care objectives.

Previously in 2023, Lean partnered with Orion Health to deploy Saudi Arabia's National Platform for Health and Insurance Exchange Services (NPHIES). NPHIES is the world's largest health information exchange and has successfully unified digital infrastructure connecting health care providers, payers and regulators to enable real-time, standards-based data exchange and interoperability across the kingdom.

This MoU brings together Healwell's advanced AI and clinical decision support tools, Lean's innovation and market leadership in the kingdom, and Orion Health's proven interoperability and health information exchange technology. The three organizations will explore opportunities to co-develop, commercialize and deploy next-generation health care solutions designed to improve population health outcomes and accelerate the adoption of AI in clinical workflows.

This signing establishes a framework for collaboration and aligns the organizations on shared priorities in technology development, regulatory alignment and commercial execution. The MoU agreement was formally signed by Hamed Shahbazi, executive chairman of Healwell AI, and Mohanned Alrasheed, the chief executive officer of Lean, during the Global Health Exhibition in Riyadh on Oct. 28, 2025.

"Our goal is not just to digitize health care but to enable personalized, pro-active care for every individual in the kingdom," said Mr. Alrasheed, chief executive officer of Lean Business Services. "By combining Lean's national experience in building interoperable health systems with Healwell and Orion Health's AI-driven capabilities, we are accelerating the next phase of connected, data-powered health care -- one that reflects Saudi Arabia's innovation leadership and supports both national priorities and global advancement."

"This MoU represents a powerful alignment between three leaders in digital health," said James Lee, chief executive officer of Healwell AI. "By combining Lean's market presence in the kingdom, Orion Health's global interoperability expertise and Healwell's AI-driven solutions, we are accelerating the transformation of health care in one of the world's most dynamic and forward-looking regions."

"We see the Middle East as a cornerstone market for digital health innovation," said Brad Porter, chief executive officer of Orion Health and chief commercial officer of Healwell AI. "This collaboration builds on Orion Health's long-standing presence and achievements in the region, such as the deployment of the Abu Dhabi and Saudi national health information exchanges and will inform the next generation of intelligent, data-driven health care solutions."

Orion Health has been a pioneer in health care interoperability across the Middle East. In 2019, the company delivered Malaffi, the region's first health information exchange in Abu Dhabi, now connecting more than 3,000 facilities, enabling access to clinical records for 13 million patients and supporting 53,000 clinicians. In 2023, Orion Health supported the Kingdom of Saudi Arabia in deploying the world's largest national HIE (health information exchange), connecting over 5,000 public and private providers and serving a population exceeding 30 million. These programs provide a strong foundation for the Lean/Healwell MoU to advance AI-powered health care across the region.

About Healwell AI Inc.

Healwell is a health care artificial intelligence company focused on preventive care. Its mission is to improve health care and save lives through early identification and detection of disease. Using its own proprietary technology, Healwell is developing and commercializing advanced clinical decision support systems that can help health care providers detect rare and chronic diseases, improve efficiency of their practice, and ultimately help improve patient health outcomes. Healwell is executing a strategy centred on developing and acquiring technology and clinical sciences capabilities that complement its road map. Healwell is publicly traded on the Toronto Stock Exchange under the symbol AIDX and on the OTC (over-the-counter) exchange under the symbol HWAIF.

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