Reference is made to the announcement dated 9 September 2026 in relation to the additional information provided in relation to the Share Purchase Agreement entered between the Company and IPVG Employees, Inc. ("Announcement"). Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the Announcement.
The Company wishes to clarify that item 5 should be read as follows:
Zetrix AI terminated the Share Purchase Agreement primarily due to the volatility in the market price of Zetrix AI's shares, which affected the commercial rationale of the proposed consideration structure.
Following the termination, Zetrix AI subsequently entered into a Share Purchase Agreement with IPVG in relation to the acquisition of the same 50% equity interest in MYEG Ventures Inc. The transaction with IPVG was able to proceed as IPVG was agreeable to the proposed consideration structure notwithstanding the prevailing volatility in the market price of Zetrix AI's shares as well as in line with their objective to form a relevant partnership with Zetrix to expand market presence not only in the Philippines but as well as regionally and globally.
This announcement is dated 9 September 2026.