ANNOUNCEMENT OF APPLICATION FOR ADMISSION TO THE AQUIS GROWTH MARKET

APPLICANT NAME:

Flex Labs Inc

APPLICANT REGISTERED OFFICE, PRINCIPLE PLACE OF BUSINESS (IF DIFFERENT) AND TELEPHONE NUMBER:

700-401 West Georgia Street

Vancouver, BC, V6B 5A1

Phone Number: 0

DIRECTORS AND PROPOSED DIRECTORS:

• Mike Edwards, Executive Chairman
• Elliot Fielding, Financial Director
• Robert Mayfield, Independent Non-Executive Director

APPLICANT SECTOR:

Software and Computer Services

DESCRIPTION OF THE APPLICANT AND ITS ACTIVITIES:

Flex Labs Inc (“Flex” or the “Company”) is a software business engaged in the development of advanced artificial intelligence (“AI”) middleware products, intending to offer these to business customers through a “software as a service” (SaaS) model.

NAME OF AQUIS CORPORATE ADVISER:

First Sentinel Corporate Finance Limited

NUMBER, CLASS AND PAR VALUE OF SECURITIES TO BE ADMITTED:

114,110,666 Common Shares without par value

SECURITIES IN PUBLIC HANDS AS A PERCENTAGE OF THE TOTAL NUMBER OF SECURITIES IN ISSUE (excluding securities held in treasury):

10.48%

SHAREHOLDERS HOLDING MORE THAN FIVE PER CENT OF THE APPLICANT’S SHARE CAPITAL OR VOTING RIGHTS PRE- AND POST-ADMISSION:

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

TIMETABLE FOR ANY OFFER OF TRANSFERABLE SECURITIES TO THE PUBLIC:

N/A

THE EXPECTED ADMISSION DATE:

On or around 15 December 2023

WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION:

UPDATE TO A PRIOR APPLICATION ANNOUNCEMENT RELEASED ON:

30 November 2023