Mr. Chris Giordano reports

MIMEDIA CEO UPDATE ON THE COMPANY'S PROGRESS IN 2025 AND POSITIONING FOR AN EXCITING YEAR IN 2026

Mimedia Holdings Ltd. chief executive officer Chris Giordano has presented the following update on the company's progress in 2025 and the strong position Mimedia finds itself to take advantage of the exciting business opportunities ahead in 2026.

In 2025, the company overcame macro and/or external industry challenges, and stands today in a far stronger position than it was in at this time last year, due to the following achievements among others:

• Signed three new partners (Bait, Coolpad and HTC) for device integration of the Mimedia platform in 2026. Adding new partners to the portfolio delivers more sources of revenue generating devices for the company, diversifying risk in the business model while increasing revenue predictability and opportunity globally;
• Existing OEM (original equipment manufacturer) partners at the beginning of 2025 also got stronger throughout last year by expanding their device production environments and capabilities outside of high-tariff countries and into lower-tariff regions, in turn increasing scalability and protecting or insulating margins;
• In addition, these existing OEM partners added large new buyers or distribution outlets for their devices, such as Orbic licensing the Caterpillar Rugged smart phone, all of which will feature Mimedia integrated as the default media gallery;
• Targeted device distribution this year from OEM partners globally appears to be tilting toward a higher distribution in Tier 1 mobile advertising markets. Greater Tier 1 market device distribution to regions like the United States and Europe will benefit the company's model with multiples higher CPM rates (range of $10 (U.S.) to $20 (U.S.)) versus other regions such as Latin America (range of $2 (U.S.) to $3 (U.S.)). In particular, in Mimedia's existing dashboard, CPM mobile advertising rates in the United States have been consistently above $20 (U.S.), the highest levels recorded by the company and more than double management's projection, reflecting the robust mobile advertising market in the United States;
• Mimedia's BD pipeline continues to grow, as management expects new partners to be signed in Q1 (first quarter) when product road maps finalize for the rest of the year. BD partner ADG, based in China and newly signed in H2 (second half) 2025, has also added a number of new potential partnerships to the pipeline. Management is confident of pipeline conversions to signed partnerships in China from this new group;
• Finally, Mimedia's product and technical team added a number of new AI (artificial intelligence) features, based on machine learning and rule-based algorithms, to strengthen the platform's competitive advantages, while adding new language support of Hindi and Arabic to prepare the platform for anticipated new launches in those two regions.

With the above progress made last year by the company and its partners, the company stands in its strongest position ever. As reported last month, all of Mimedia's partners are either shipping devices or readying device shipments in the near term. The company has never had this many partners shipping devices at the same time to contribute to its revenue funnel. Management will provide specific partner device announcements in the coming weeks as they occur.

Finally, management looks forward to discussing all of this progress with investors at the AlphaNorth Capital Event, hosted by CEM Capital Event Management, taking place this weekend (Jan. 16 to Jan. 18), at the Grand Hyatt Baha Mar in Nassau, Bahamas. The AlphaNorth Capital Event is an invitation-only conference that brings together growth-stage public companies and institutional investors for in-depth discussions focused on long-term capital formation. If you would like to meet management at the conference or set up an investor call, please e-mail investors@mimedia.com and the company would be happy to arrange a meeting or call.

About Mimedia Holdings Inc.

Mimedia Holdings provides an AI- and data-powered, next-generation consumer cloud platform that enables all types of personal media to be secured in the cloud, accessed seamlessly at any time, across all devices and on all operating systems. The company's platform differentiates with its rich media experience, robust organization tools, private sharing capabilities and features that drive content re-engagement. Mimedia partners with smart phone makers and telecom carriers globally, and provides its partners with recurring revenue streams, improved customer retention and market differentiation. The platform services engaged users all around the world.

We seek Safe Harbor.