Mr. Gabriel Rene reports

VERSES® ANNOUNCES CONSOLIDATION OF CLASS A SUBORDINATE VOTING SHARES

Verses AI Inc. is consolidating all of its issued and outstanding Class A subordinate voting shares on the basis of one postconsolidated subordinate voting share for every three preconsolidated subordinate voting shares held. The company's stock symbol will change to VRSSD following the consolidation.

The company's board of directors approved the consolidation on June 10, 2025. Trading of the subordinate voting shares on a postconsolidation basis on Cboe Canada Inc. is expected to commence on or about June 23, 2025. The new Cusip number for the subordinate voting shares will be 92539Q604 and the new ISIN number will be CA92539Q6040.

As of the date hereof, the company currently has 26,239,469 subordinate voting shares issued and outstanding. The consolidation will reduce the number of outstanding subordinate voting shares to approximately 8,746,490 subordinate voting shares issued and outstanding.

Holders of physical share certificates of the company are required to complete and return a letter of transmittal to the company's transfer agent, Endeavor Trust Corp., in order to receive their postconsolidation subordinate voting shares. Please visit the Endeavor Trust website for guidance on the process for returning your preconsolidation share certificates and receiving your postconsolidation subordinate voting shares. Shareholders whose shares are represented by a direct registration system statement will automatically receive their postconsolidation subordinate voting shares without any further action. Shareholders who hold their shares through an intermediary are encouraged to contact their intermediaries if they have any questions.

No fractional subordinate voting shares will be issued under the consolidation as fractional subordinate voting shares will be rounded either up or down to the nearest whole number of subordinate voting shares. The exercise price and number of subordinate voting shares issuable pursuant to the exercise of any outstanding convertible securities, including incentive stock options and warrants, will also be adjusted in accordance with the consolidation ratio.

About Verses AI Inc.

Verses is a cognitive computing company building next-generation intelligent software systems modeled after the wisdom and genius of nature. Designed around first principles found in science, physics and biology, the company's flagship product, Genius, is an agentic enterprise intelligence platform designed to generate reliable domain-specific predictions and decisions under uncertainty. Imagine a smarter world that elevates human potential through technology inspired by nature.

We seek Safe Harbor.