Mr. Adam Ingrao reports

ALSET AI ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OFFERING OF UP TO $700,000

Alset AI Ventures Inc. has arranged a non-brokered private placement offering of up to 12,727,272 units of the company at an issue price of 5.5 cents per unit for aggregate gross proceeds to the company of up to $700,000. The units will be issued pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 (Prospectus Exemptions) and in reliance on the amendments to Part 5A of NI 45-106 set forth in Coordinate Blanket Order 45-953 (Exemptions from Certain Conditions of the Listed Issuer Financing Exemption).

Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant, with each warrant entitling the holder thereof to acquire one common share at an exercise price of 10 cents per warrant share for a period of 24 months from the closing date (as defined below).

The net proceeds from the offering will be used to accelerate the commercialization of the company's cloud compute business, including financing customer acquisition through sales and marketing activities and advancing near-term revenue milestones, and for working capital and general corporate purposes.

Adam Ingrao, chief executive officer of Alset AI, stated: "This non-brokered financing will provide the necessary working capital to execute on our near-term milestones. In parallel, we continue to work toward closing the previously announced unsecured loan facility, which remains on track. Together, this private placement and the upcoming loan closing will strengthen our balance sheet, and allow the management team to focus exclusively on customer adoption and revenue growth."

The offering is expected to close on or about Dec. 22, 2025, and is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. There can be no assurances that the offering will be completed on the terms set out herein, or at all, or that the proceeds of the offering will be sufficient for the purposes of the company set out herein.

Subject to compliance with applicable regulatory requirements and in accordance with the listed issuer financing exemption in NI 45-106, the units will be offered for sale to purchasers resident in Canada, except Quebec, and other qualifying jurisdictions. Subject to the rules and policies of the TSX-V, the securities issued in the offering pursuant to the listed issuer financing exemption will not be subject to a hold period pursuant to applicable Canadian securities laws.

There is an offering document prepared in the form prescribed by Form 45-106F19 under Canadian securities laws, relating to the offering that can be accessed under the company's profile at SEDAR+ and on the company's website. Prospective investors should read the offering document before making an investment decision.

About Alset AI Ventures Inc.

Alset AI is an artificial-intelligence-focused venture investment platform dedicated to sourcing, financing and developing companies across the artificial intelligence value chain. The company seeks to provide investors with diversified exposure to emerging applications and infrastructure that enable advancements in AI technologies.

We seek Safe Harbor.