An anonymous director reports

GLOBAL COMPLIANCE APPLICATIONS CORP. ANNOUNCES DEBT SETTLEMENT

Global Compliance Applications Corp. intends to settle an aggregate of $367,465.42 of debt owed to certain creditors of the company. In settlement of the debt, the company will issue an aggregate of 36,746,542 units of the company at a deemed price of one cent per settlement unit. Each settlement unit will comprise one common share in the capital of the company and one share purchase warrant. Each warrant will entitle the holder thereof to acquire one share at a price of five cents per warrant share for a period of 24 months from the date of issuance.

It is anticipated that the settlement units will be issued pursuant to the employee, executive officer, director and consultant exemption set forth in Section 2.24 of National Instrument 45-106, Prospectus Exemptions, and as a result, such settlement units will not be subject to a hold period under the prevailing Canadian securities laws. The company also announces that it has cancelled its previously contemplated debt settlement transaction as announced in its news release of Sept. 8, 2025.

About Global Compliance Applications Corp.

Global Compliance is a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses. Global Compliance's leading solution is Efixii, an ethereum Layer 2 blockchain and EVM programming functionality that is on par with other Layer 2s, such as Polygon. Global Compliance can quickly connect each participant from product producers, distributors, manufacturers and retailers through a series of value chain dApps (decentralized apps) that allow for data connectivity to drive better consumer experiences and sales. Global Compliance created clearESG to assist businesses in communicating their sustainability goals and earned attributes on the blockchain through a series of ESG (environmental, social and governance) merit badges. As an interconnected supply chain solution, the Efixii solution pays tokens for attesting to a product's value or truthness through a reward program. Global Compliance works in many agricultural industries providing a value-added blockchain offering through a cost-effective SaaS (software-as-a-service) licensing model.

We seek Safe Harbor.