Mr. Adam Ingrao reports

ALSET AI ANNOUNCES CLOSING OF SHARES FOR DEBT TRANSACTION

Alset AI Ventures Inc. has closed its previously announced share-for-debt transaction pursuant to debt settlement agreements dated Jan. 4, 2026. The debt settlement transaction was completed through the issuance of an aggregate of 3,475,646 common shares in the capital of the company at a deemed price of 5.5 cents per common share in full and final satisfaction of $191,160.37 of accrued and unpaid fees for consulting and additional services rendered by certain arm's-length creditors of the company.

Two million eight hundred thirty-three thousand six hundred forty-seven common shares issued pursuant to the debt settlement transaction are subject to a statutory hold period until July 14, 2026, being the date that is four months and one day from the date of issuance. Six hundred forty-one thousand nine hundred ninety-nine common shares issued pursuant to the debt settlement transaction are not subject to a restricted period.

The debt settlement transaction was completed in order to preserve funds for the company's operations and improve its balance sheet.

About Alset AI Ventures Inc.

Alset AI is an AI-focused (artficial intelligence) venture investment platform dedicated to sourcing, financing and developing companies across the AI 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.