Mr. Rainer Yu reports

HERO INNOVATION GROUP INC. ANNOUNCES SUPPLEMENTAL DISCLOSURE

Hero Innovation Group Inc. has filed an amended material change report to supplement and amend the disclosure contained in its material change report and news release dated May 29, 2026.

The amended material change report includes additional disclosure relating to certain historical director changes that were not previously disclosed, as well as additional information regarding the wind-down of the company's legacy program and application platform.

Changes in directors

In addition to the changes previously disclosed on May 29, 2026, the company confirms the following additional director changes:

• Wei Shao resigned as director, effective Sept. 25, 2024.
• Mao Sun resigned as director, effective Dec. 17, 2024.
• Jason Chen resigned as director, effective Feb. 7, 2025.
• Shaoqing Dong was appointed as director, effective Dec. 23, 2025, and resigned as director, effective Feb. 19, 2026.

The above resignations were not the result of any disagreement with the remaining members of the board of directors or management of the company.

Following the changes disclosed in the original material change report dated May 29, 2026, and the additional changes set out above, the company's current board of directors comprises Hua Zhang, Mingshuo Wang and Wei Kang.

Wind-down of legacy digital payment operations

The company previously disclosed in its original material change report dated May 29, 2026, that management has wound down the company's legacy SideKick digital payment solution, program and application platform, and that such wind-down was not expected to have a material adverse impact on the company's financial position.

The company does not expect the wind-down of its legacy operations to have a material adverse impact on its financial position, as the legacy operations required continuing operating, development, infrastructure and third party expenditures that significantly exceeded the revenue generated.

The company confirms that it commenced the wind-down of the legacy SideKick digital program and application platform in April, 2026.

As at the date of this report, the company does not carry on an active business and is primarily focused on completing its regulatory remediation efforts.

A copy of the amended material change report is available under the company's profile on SEDAR+.

About Hero Innovation Group Inc.

Through its former flagship SideKick digital payment solution introduced in 2018, the company previously operated digital payment program and platform. The company has wound down its legacy digital payment operations and, under new management, is pursuing a new strategic direction.

We seek Safe Harbor.