Mr. Adam Ingrao reports

ALSET AI ANNOUNCES EXTENDED MARKETING CONTRACT

Further to Alset AI Ventures Inc.'s press release on June 16, 2025, it has entered into a second amending agreement to its digital marketing services agreement with Machai Capital Inc. dated April 17, 2025, as first amended on June 12, 2025, to extend the total period upon which digital marketing services are provided by Machai to the company for an additional two months. The period upon which the services will be provided will therefore span from June 12, 2025, to Dec. 12, 2025 (the term). Other than the additional consideration of $400,000 contemplated by the first amending agreement, no additional consideration is contemplated for the second amending agreement. Fifty per cent of the additional consideration was paid upon execution of the second amending agreement, with the balance to be paid throughout the duration of the remainder of the term. The extension of the second amending agreement is subject to approval by the TSX Venture Exchange.

"Extending our agreement with Machai Capital strengthens our ability to communicate effectively with the market as we move into a pivotal phase for the company. With the full launch of our flagship Lyken.AI platform approaching and a strong pipeline of opportunities, this partnership positions us to maximize awareness and engagement across our investor and customer base," said Adam Ingrao, chief executive officer of Alset AI.

Grant of compensation securities

The company also announces that it has granted an aggregate of two million incentive stock options and awarded 2.5 million restricted share units (the RSUs) under the company's omnibus incentive plan, to certain directors, officers and employees of the company. The plan is subject to the approval of shareholders at the upcoming annual and special meeting of shareholders to be held on Aug. 26, 2025.

The options are exercisable at a price of eight cents per common share in the capital of the company for a period of two years from the date of grant, and will vest quarterly in equal parts over the first year from the date of grant. The RSUs will vest on the first anniversary from the date of award.

The options and RSUs are subject to the terms and conditions prescribed by the TSX Venture Exchange, and applicable securities laws.

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.