Flex Labs Inc. an AI 
technology company

Number of Ordinary Shares in issue: 224,110,666

Percent of securities in public hands: 19.21%

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Outstanding Warrants: 31,000,000

12.15% dilution upon full exercise of warrants

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Shareholders (over 5%):

Saral Global VVC: 49,403,509 common shares [22.04%]

Marallo Holdings Inc.*: 37,000,000 common shares [16.51%]

Fidelio Partners Pte Ltd.: 28,155,244 common shares [12.56%]

Phoenix Digital Assets Plc: 17,368,421 common shares [7.75%]

Pioneer Media Holdings Inc.: 14,578,947 common shares [6.51%]

_{* The shares of Marallo Holdings Inc. are held by Mike Edwards.}

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Director shareholding:

Mike Edwards: 1

Elliot Fielding: 500,000

Marallo Holdings Inc.*: 37,000,000

Pioneer Media Holdings Inc**: 14,578,947

Supernova Digital Assets Plc***:  2,034,429

_{* The shares of Marallo Holdings Inc. are held by Mike Edwards.}

_{** Mike Edwards holds 16.9% of the total issued share capital of Pioneer Media Holdings Inc. and is therefore a significant shareholder but does not control the company.
***Marallo Holdings Inc. holds (indirectly) 73,246,633 shares or 6% of the total issued share capital of Supernova Digital Assets. Mike Edwards holds 16,666,667 shares (1.3%) in Supernova Digital Assets.}

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There are no restrictions on the transfer of Common Shares.

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The Company’s shares are traded on the Access segment of the Aquis Stock Exchange Growth Market under the symbol: FLEX

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Information as of Admission.

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The Directors recognise the importance of sound corporate governance and, following Admission, have undertaken to take account of the requirements of the QCA Code to the extent that they consider it appropriate having regard to the Company's size, board structure, stage of development and resources.

The Board, which will meet not less than four times a year, will ensure that procedures, resources and controls are in place to ensure that AQSE Growth Market Access Rulebook compliance by the Company is operating effectively at all times and that the Directors are communicating effectively with the Company's AQSE Corporate Adviser regarding the Company's ongoing compliance with the AQSE Growth Market Access Rulebook and in relation to all announcements, notifications and potential transactions.

The Board has established an Audit and Risk Committee with formally delegated duties and responsibilities. The Audit and Risk Committee is chaired by Robert Mayfield and its other member is Michael Edwards. The Audit and Risk Committee will meet at least twice a year and will be responsible for ensuring the financial performance of the Company is properly reported on and monitored, including reviews of the annual and interim accounts, results announcements, internal control systems and procedures and accounting policies, as well as keeping under review the categorisation, monitoring and overall effectiveness of the Company's risk assessment and internal control processes, and to review the Company’s internal financial controls and the Company’s internal control and risk management systems.

The remuneration committee, which comprises Elliot Fielding and Robert Mayfield, is responsible for the review and recommendation of the scale and structure of remuneration for the Company's senior executives, including any bonus arrangements or the award of share options with due regard to the interests of the Shareholders and the performance of the Company. The Remuneration Committee is chaired by Robert Mayfield and will meet at least once a year.

The Aquis Rule Compliance Committee, which will comprise Michael Edwards and Elliot Fielding, will meet not less than twice a year. The Aquis Rule Compliance Committee is chaired by Elliot Fielding.

The Company does not have a nomination committee as the Board does not consider it appropriate to establish such a committee at this stage of the Company’s development. Decisions which would usually be taken by the nomination committee will be taken by the Board as a whole.

Share Dealing Code

The Company has adopted the Share Dealing Code for dealings in its securities by Directors and certain employees which is appropriate for a company whose shares are traded on the Access segment of the Aquis Stock Exchange Growth Market. This will constitute the Company's share dealing policy for the purpose of compliance with the UK Market Abuse Regulation (“MAR”) and the relevant part of the Aquis Stock Exchange Access Rulebook.

It should be noted that MAR and the insider dealing legislation set out in the UK Criminal Justice Act 1993 will apply to the Company and dealings in Common Shares.

English law legal advisers to the Company

Fladgate LLP

16 Great Queen St

London WC2B 5DG

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Canadian law legal advisers to the Company

Richards Buell Sutton

700 – 401 West Georgia Street

Vancouver, BC Canada V6B 5A1

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Aquis Corporate Adviser to the Company

First Sentinel Corporate Finance Limited

Ground Floor, 72 Charlotte Street

London W1T 4QQ

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Reporting Accountants to the Company

Haysmacintyre LLP

10 Queen St Place

London EC4R 1AG

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UK Registrars and Depositary

Computershare Investor Services Plc

The Pavilions, Bridgwater Road 

Bristol BS13 8AE

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Canadian Registrars and Transfer Agent

Computershare Investor Services Inc

510 Burrard Street, 3rd Floor

Vancouver, B.C.  V6C 3B9

First Sentinel Corporate Finance Ltd

020 3855 5551