Mr. Adam Ingrao reports

ALSET AI PROVIDES UPDATE ON SHARES FOR DEBT TRANSACTION

Alset AI Ventures Inc., further to its news release dated Sept. 21, 2026, will be settling its previously announced debt settlements, by issuing an aggregate of 2,763,134 common shares at a price of 18.5 cents per share. The debt settlement remains subject to the approval of the TSX Venture Exchange. The shares issued will be subject to a mandatory hold period of four months and one day from the date of issue, in accordance with applicable securities laws.

About Alset AI Ventures Inc.

Alset AI is an AI-focused (artificial intelligence) 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.