Mr. Sergei Stetsenko reports

BLOCKCHAINK2 CLOSES DEBT SETTLEMENT

BlockchainK2 Corp. has closed its previously announced debt settlement (see Sept. 15, 2025, press release), settling outstanding indebtedness totalling $312,500 through the issuance of 4,464,286 common shares at a price of seven cents per share. The previously announced debt settlement contemplated the settlement of $340,000 of outstanding indebtedness through the issuance of 4,857,142 common shares.

A portion of the above-described transaction constitutes a related-party transaction within the meaning of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transaction) as 857,143 debt settlement shares are being issued to related parties of the company. The company is relying on exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of the debt settlement shares does not exceed 25 per cent of the market capitalization of the company, as determined in accordance with MI 61-101.

Closing of the debt settlement is subject to the approval of the TSX Venture Exchange.

We seek Safe Harbor.