Mr. Adam Ingrao reports

ALSET AI PARTNERS WITH EXCEL COMPUTILITY TO EXPAND AI INFRASTRUCTURE THROUGH SCALABLE PAAS OFFERING

Alset AI Ventures Inc. has formed a strategic partnership with Excel Computility Service Ltd., a Richmond, British Columbia-based, provider specializing in AI-optimized hardware, services and data centre solutions. The strategic partnership has been formalized through a subcontracting agreement between the company and Excel Computility dated May 28, 2025. This collaboration aims to significantly scale the platform-as-a-service (PaaS) model of Alset AI's portfolio company, Lyken.AI, by integrating Excel Computility's advanced graphics processing unit (GPU) clusters, AI-ready NAS systems and data centre expertise.

The agreement will remain in effect until all obligations have been provided in full. Throughout the term, Excel Computiliy will provide cloud computing hardware, support and related services to Lyken, and other third party clients with whom the company has existing contractual relationships.

Excel Computility brings experience in data centre construction and offers a range of services including public and private cloud solutions, AI data centre project consulting, and AI-ready NAS systems. Their infrastructure features high-performance servers such as Gigabyte G292-40/45 and Supermicro SYS-821GE-TNHR, equipped with eight GPUs (H100, A100 or A6000), designed to meet the demanding requirements of AI workloads.

Adam Ingrao, chief executive officer of Alset, stated: "Our formalized partnership with Excel Computility is a significant step forward in expanding Lyken's PaaS capabilities. By integrating Excel Computility's advanced hardware and data center solutions, we are enhancing our ability to provide scalable, efficient and high-performance AI infrastructure to our clients across Canada and the United States."

This partnership aligns with Lyken's mission to provide end-to-end AI infrastructure solutions, enabling start-ups, enterprises and public institutions to scale AI deployment with speed and confidence. The integration of Excel Computility's services will allow Lyken to offer a more robust and scalable platform, addressing the growing demand for AI compute power.

About Alset AI Ventures Inc.

Alset AI is a pioneering AI and cloud computing investment firm, committed to nurturing high-potential technology companies. Through a combination of capital, strategic advisory and cloud computing alliances, Alset AI is shaping the future of artificial intelligence and building an AI-focused venture capital platform poised for substantial growth.

We seek Safe Harbor.