(via TheNewswire)

Vancouver, British Columbia – TheNewswire - December 1 9 , 2025 – VIP Entertainment Technologies Inc. (TSSV:VIP) (the “Company”) announces that it has entered into a Platform Use and Content Operation Agreement, effective December 18, 2025, in connection with the integration of third-party digital content onto its Alchemist Republic platform.

Under the agreement, the Company will support the operation and commercialization of select digital content through the Alchemist Republic platform.

The content covered under the Agreement includes:

• AFK Battle: Idle Princess, an RPG game title that has previously been live-serviced in the market and for which ownership has since been consolidated under the content operator. The version expected to launch in connection with Alchemist Republic is anticipated to include upgraded features and enhancements compared to the previously serviced version; and  

• CRUSH, a proprietary digital content platform designed to support game-related services and digital asset functionality  

Reference material relating to the previously serviced version of AFK Battle: Idle Princess can be viewed at: https://www.youtube.com/watch?v=WwBjS9GGDfM

The version expected to be launched in connection with Alchemist Republic is anticipated to include functional and content upgrades.

The agreement includes a platform-level revenue sharing arrangement limited to fees generated from blockchain-enabled features, including the use and trading of NFTs and other platform-based digital assets by users introduced through the Content.

The initial term of the agreement is one (1) year, subject to renewal by mutual agreement.

The agreement was entered into in accordance with applicable regulatory requirements and includes a related party component.

The completion of the transactions remains subject to acceptance by the TSX Venture Exchange.

About Alchemist Republic

“Alchemist Republic” is a blockchain-enabled digital content platform designed to support the tokenization and management of in-game assets and characters through NFT-based infrastructure.

The platform provides game developers with a streamlined framework to integrate blockchain services into existing games without disrupting core gameplay mechanics or in-game economic systems .

By abstracting technical complexity, Alchemist Republic enables developers to extend the lifecycle and monetization potential of their content while maintaining creative and operational control.

Key features include:

• Digital Asset Enablement
  Provides tools to transform in-game items and characters into blockchain-based digital assets (NFTs), allowing developers to establish verifiable ownership, provenance, and interoperability across platforms.  

• Tokenization & Asset Issuance Framework
  Enables the structured issuance and management of tokenized digital assets derived from gameplay and platform activity, supporting diversified value creation and engagement models.  

• Seamless Game Data Integration
  Connects blockchain services to existing game environments without requiring modifications to established in-game economic structures or balance systems.  

Alchemist Republic is positioned as an infrastructure-level platform that lowers the entry barrier for blockchain adoption in gaming, particularly for small and mid-sized studios, while contributing to the sustainable expansion of the global digital content ecosystem.

A demonstration version of the Alchemist Republic platform is currently under development and is accessible at https://alchemist-republic.vercel.app/.

Forward-Looking Statements

This news release contains forward-looking statements, including statements regarding the platform renewal timeline, targeted launch schedule, and anticipated business outcomes. Actual results may differ materially due to technological, regulatory, market, and other risk factors.

About VIP Entertainment Technologies Inc.

VIP Entertainment Technologies Inc. is currently undergoing a restructuring process under new management. The Company is focused on stabilizing its financial position, restructuring outstanding debt, and pursuing opportunities to enhance shareholder value.

VIP Entertainment Technologies Inc. is focused on developing and expanding its global digital content platforms, enhancing service offerings, and creating shareholder value through strategic partnerships and platform innovation.

For further information please contact:

Brian Shin,

Chief Financial Officer

bshin@preaknessgroup.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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