Dr. Gio Roberti reports

AISIX SOLUTIONS INC. AND RE: DRYING EQUIPMENT INC. ANNOUNCE UPDATE TO PROPOSED REVERSE TAKEOVER TRANSACTION

Aisix Solutions Inc. and Re: Drying Equipment Inc. (doing business as Lemarg Restoration), a Canadian insurance-focused restoration and property claim service company, have provided further updated details on the previously announced business combination with Lemarg pursuant to the terms disclosed in the press release of the Aisix dated June 11, 2026. The resulting issuer (as defined below) expects to list as a Tier 2 industrial issuer following completion of the proposed transaction. Aisix will change its name to Lemarg Group Inc. or such other name as approved by Lemarg, and will carry on the business of Lemarg.

It is expected that the proposed transaction will be structured as a three-cornered amalgamation in which Lemarg will amalgamate with a newly incorporated, wholly owned subsidiary of Aisix, to be formed solely for the purpose of facilitating the proposed transaction. The amalgamated company will be a wholly owned subsidiary of Aisix (renamed to Lemarg Corp. or such other name as acceptable to Lemarg).

Following completion of the amalgamation pursuant to the terms of the amalgamation agreement entered into between Lemarg and Aisix on June 11, 2026, the current holders of Lemarg common shares (not including future shareholders as a result of the financing (as defined below) and resulting issuer common shares issued pursuant to the 1821 Capital Corp. debt settlement and milestone shares (as defined below) will hold approximately 51 per cent of the resulting issuer common shares, and the current holders of the Aisix common shares will hold approximately 49 per cent of the resulting issuer common shares. Further, pursuant to the terms of the amalgamation agreement, the resulting issuer will issue up to 8,529,376 resulting issuer common shares to the Lemarg shareholders upon completion of certain milestones as provided for in the amalgamation agreement.

The amalgamation agreement was negotiated at arm's length. A copy of the amalgamation agreement is available under Aisix's profile on SEDAR+.

Aisix and Lemarg would like to provide the following updated information as it relates to the proposed transaction.

Financing

Prior to completion of the proposed transaction, Lemarg intends to complete a non-brokered private placement, on a postconsolidation basis, of up to 7,407,407 subscription receipts at a price of 27 cents per subscription receipt for minimum gross proceeds of $1.5-million and maximum gross proceeds of $2-million, which funds shall be placed in escrow pending the satisfaction of certain conditions. The subscription receipts will convert into common shares of Lemarg or resulting issuer shares for no additional consideration following the satisfaction of certain release conditions. Each subscription receipt will convert into, immediately prior to the effective time of the closing of the proposed transaction, upon satisfaction of the escrow release conditions, one Lemarg share, which will be then immediately exchanged for one resulting issuer common share pursuant to the terms of the proposed transaction. Completion of the financing is a condition of the completion of the proposed transaction.

Each subscription receipt will automatically convert on the satisfaction or waiver of all of the following escrow release conditions: (i) the completion, satisfaction or waiver of the conditions precedent to the proposed transaction and the written confirmation thereof from each of Aisix and Lemarg; (ii) the receipt of all shareholder and regulatory approvals required for the proposed transaction; and (iii) the resulting issuer common shares being conditionally approved for listing on the TSX Venture Exchange.

Lemarg may pay certain eligible finders a cash fee of 7 per cent and issue finder warrants equal to 7 per cent of the subscription receipts sold in the financing. Each finder warrant will entitle the holder thereof to acquire a resulting issuer share at a price of 27 cents per share for a period of 24 months following closing of the proposed transaction. Fifty per cent of the finder fee will be payable on closing of the financing, and the remaining 50 per cent will be payable upon satisfaction of the escrow release conditions. In the event the escrow release conditions are not satisfied by the termination date pursuant to the terms of the proposed transaction, the finder warrants will immediately expire and be of no force or effect without any obligation of Lemarg. It is anticipated that no non-arm's-length parties of Lemarg or Aisix will receive any finder fees or finder warrants.

It is intended that the subscription receipts will be issued under a subscription receipt agreement by and among Lemarg, Aisix and TSX Trust Company or such other subscription receipt agent as may be mutually appointed by Lemarg and Aisix.

Aisix intends to settle $454,390 in debt outstanding (which includes accrued interest up to June 30, 2026) with 1821, a company owned and controlled by Mihalis Belantis, the current chairman and director of Aisix, through the issuance of approximately 1,682,925 resulting issuer shares at a settlement price of 27 cents per share.

Further, it is anticipated that the resulting issuer will issue three million options expiring five years from the completion of the proposed transaction to certain directors, officers and consultants of the resulting issuer, each stock option exercisable for one resulting issuer common share at an exercise price of 27 cents.

About Lemarg Restoration

Lemarg Restoration is a Canadian insurance-focused property restoration and emergency response company. Built on more than 15 years of industry experience, Lemarg provides restoration, remediation, reconstruction and related services to insurers, insurance adjusters, property owners, contractors and commercial clients.

Lemarg's service offering includes:

• 24-seven emergency response and dispatch services;
• Flood and water damage recovery, fire restoration, and trauma scene cleanup;
• Mould remediation, odour treatment and air decontamination services;
• Content handling, loss mitigation and full reconstruction services;
• Rental of drying and restoration equipment, including dehumidifiers, air movers and commercial air scrubbers;
• Commercial building services, including electrical, mechanical and critical maintenance services; and
• Design build services for residential and commercial reconstruction projects.

Lemarg has developed preferred vendor relationships and an established service network across Canada. The company's combination of emergency response capabilities, restoration expertise, claims-related experience, reconstruction services and operational infrastructure provides a platform from which Lemarg intends to expand its geographic reach and its presence within the Canadian insurance restoration market.

Aisix and Lemarg intend to combine Aisix's preloss wildfire risk intelligence with Lemarg's postloss restoration and remediation services, positioning the resulting issuer to serve insurers and property owners across the full property loss life cycle.

"Lemarg has spent more than 15 years building the operational expertise, relationships and service capabilities required to respond effectively when our customers need us most," said Russell Elensky, president of Lemarg. "We believe this transaction represents an important next step in Lemarg's evolution and provides us with a platform to expand our capabilities, broaden our geographic reach and pursue growth opportunities across Canada. Our focus remains on delivering reliable, high-quality restoration and emergency response services while continuing to build a scalable national organization."

Name change

In connection with completion of the proposed transaction, Aisix intends to change its corporate name to Lemarg Group Inc., subject to completion of the applicable name reservation process, receipt of all required corporate approvals and acceptance by the exchange.

Conditions to completion of the proposed transaction

Completion of the proposed transaction remains subject to a number of conditions, including, without limitation:

• Completion by Lemarg of the minimum financing;
• Receipt of all required shareholder approvals, including approval by Aisix shareholders under exchange policies and applicable laws, and approval by the shareholders of Lemarg;
• Receipt of all required regulatory approvals, including approval of the exchange;
• Preparation and approval of the applicable management information circular or filing statement in accordance with exchange policies;
• Completion of the consolidation of the Aisix common shares on a one-for-10 basis and completion of the name change;
• Execution and delivery of any escrow agreements required by the exchange; and
• Satisfaction or waiver of all other conditions contained in the amalgamation agreement.

About Aisix Solutions Inc.

Aisix is a wildfire risk and data analytic solution provider trusted by organizations seeking a more predictive future. Leveraging advancements in data analytics and risk assessment, Aisix provides auditable, explainable and defensible assessments to help businesses and communities protect property, assets and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, Aisix aims to foster resilience and sustainability in the face of climate change.

We seek Safe Harbor.