Mr. Rob Anson reports

FOBI AI EXPLORES POTENTIAL ABU DHABI SECURITIES EXCHANGE (ADX) LISTING AS PART OF GULF EXPANSION

Fobi AI Inc. has begun working with legal counsel and interested parties in the region to assess the feasibility of an additional listing of its common shares on the Abu Dhabi Securities Exchange (ADX).

Listing eligibility and scope of review

The company will assess ADX's published foreign issuer criteria, potential alternative listing routes, the availability of discretionary relief, and strategic transactions that could support its regional growth plans and help it meet applicable listing requirements. The review will also cover listing and continuing compliance costs, reporting obligations, and trading and settlement arrangements.

A decision to proceed will depend on whether the review identifies a viable listing route and whether Fobi can meet the applicable requirements. Any listing would be subject to required corporate, exchange and regulatory approvals.

If completed, an ADX listing could broaden Fobi's reach among Gulf investors and give eligible investors an additional venue to trade Fobi's common shares alongside its TSX Venture Exchange listing. Any effect on trading liquidity would depend on investor participation, trading arrangements and market conditions.

UAE (United Arab Emirates) commercial plans

As announced on Nov. 5, 2026, Fobi signed a non-exclusive distribution agreement with Silkbridge Ventures, based in the UAE, to pursue government and enterprise opportunities in specified international markets. Fobi plans to establish commercial operations in Dubai to support regional business development.

"The interest we've received in the Gulf gives us reason to explore whether an ADX listing could broaden our investor base and support greater trading liquidity over time," said Rob Anson, chief executive officer of Fobi AI. "We're working with counsel and partners to assess listing eligibility and ongoing obligations.

"Our planned Dubai operations would bring us closer to local businesses and government customers looking to deploy sovereign AI and digital trust solutions. A local presence would also help us expand our Gulf network of investors and strategic partners and explore potential sources of capital and strategic transactions."

Fobi AI looks forward to keeping shareholders informed as it evaluates a potential ADX listing and works toward establishing its regional commercial base in Dubai. The company will provide further updates as material developments arise.

About Fobi AI Inc.

Fobi AI is building sovereign intelligence, identity, cybersecurity and digital trust infrastructure for the AI and postquantum era. Through Fortress, Fixyr, AltID 3.0 and AgenticBrain, Fobi helps organizations securely connect data, systems, people and workflows while maintaining greater control over information, identity and digital interactions. Fobi's connected technology ecosystem is designed to support secure AI adoption, intelligent automation, trusted access and more valuable digital experiences across multiple industries.

We seek Safe Harbor.