Mr. Michael Romanik reports

ANACOTT ANNOUNCES ADOPTION OF SECOND AMENDED AND RESTATED STOCK OPTION PLAN

Following the approval of the shareholders of Anacott Acquisition Corp. at the annual general and special meeting of shareholders held on Oct. 20, 2023, the company adopted the second amended and restated stock option plan of the company. A copy of the plan is available on the company's profile.

About Anacott Acquisition Corp.

Anacott is a capital pool company (as defined in the policies of the exchange) listed on the exchange having been incorporated under the Canada Business Corporations Act. Anacott has no commercial operations and no assets other than cash.