Mr. Ryan Gibson reports

GCAC AND BLOCKKOIN SIGN LETTER OF INTENT TO LAUNCH EU-REGULATED CRYPTO-FIAT PAYMENT SERVICES OF UP TO EURO 1 MILLION PER DAY

Global Compliance Applications Corp. (GCAC) has entered into a letter of intent (LOI) with Blockkoin Exchange (Blockkoin.io), outlining a proposed commercial partnership to deliver compliant, real-time crypto-fiat payment capabilities across the European Union.

The partnership is contingent upon GCAC's planned acquisition of RP Payment Services SL, a regulated Spanish payments institution operating under the RevoluGroup structure. The 50-per-cent acquisition would provide GCAC with a fully licensed European payments entity aligned with the EU's MiCA (Markets in Crypto-Assets Regulation) and DORA (Digital Operational Resilience Act) regulatory frameworks.

Under the terms of the LOI, Blockkoin.io intends to leverage the licensed infrastructure, payment rails and blockchain-enabled processing capabilities of RP Payment Services SL to expand its European footprint. Blockkoin.io has expressed interest in routing up to one million per day in payment-related transaction volume through the system, subject to operational ramp-up and market demand.

"This proposed partnership represents a significant step toward delivering compliant, scalable crypto-payment solutions across the EU," said Ryan Gibson, director at GCAC. "A regulated European payments entity unlocks new commercial pathways for partners like Blockkoin who are seeking secure, real-time crypto-fiat interoperability and cross-border transactions for their clients."

Blockkoin.io views the collaboration as a strategic opportunity to accelerate its global transaction capabilities through a fully regulated European financial entity.

"We are excited about the potential to work with a MiCA- and DORA-compliant institution," said Ken Finneran, director at Blockkoin. "Access to licensed EU payment rails positions Blockkoin to scale its European operations responsibly and efficiently." The LOI is non-binding, except for confidentiality and governing-law provisions. Both parties will work toward negotiating a definitive partnership agreement following GCAC's successful completion of the acquisition.

About Global Compliance Applications Corp.

GCAC builds regulatory-grade blockchain and compliance infrastructure for financial institutions and emerging digital-asset markets. The company focuses on delivering transparent, auditable and scalable systems that meet global regulatory standards.

We seek Safe Harbor.