Mr. Alen Silverrstieen reports

IMAGINEAR ANNOUNCE AGM RESULTS, CONSULTING AGREEMENTS AND OPTION GRANTS

ImagineAR Inc. has released voting results for its annual general meeting of shareholders (AGM) that was held on Tuesday, Feb. 25, 2025.

AGM results

At the AGM, shareholders set the size of the board of directors at three and the following nominees were elected:

• Alen Paul Silverrstieen, chief executive officer;
• Gurdip Panaich, independent director;
• Mike Tunnicliffe, independent director.

Shareholders also approved:

• The appointment of Baker Tilly WM LLP as the auditor of the company for the ensuing fiscal year;
• Authorization for the directors to fix the remuneration paid to the auditor;
• A resolution authorizing the continuation of company's rolling stock option plan.

Consulting agreements

Famedays has entered into a consulting agreement with Metsec Financial Corp. pursuant to which the consultant will provide sales and marketing consulting advisory services for Immersive Entertainment Centres for a period of three years.

The company will pay the consultant an advance on the commissions on the receipt of the non-refundable deposit and a commission on all monies received by the company from the design and project installation agreement and master services agreement. The company will also issue one million options to the consultant. The payments set out above will also be made if a second Immersive Entertainment Centre is developed by the company.

Further, upon the achievement of certain milestones, the company will issue to consultant that number of shares of FameDays common stock so that consultant will own up to 10 per cent of FameDays common stock.

Option grants

The company has issued three million stock options to consultants exercisable at 6.5 cents per share for a period of five years and 7.65 million stock options to directors and a consultant exercisable at 6.5 cents per share for a period of three years. All of the stock options have been granted in accordance with the company's stock option plan.

About ImagineAR Inc.

ImagineAR is an augmented reality (AR) platform, ImagineAR.com, that enables businesses of any size to create and implement their own AR immersive campaigns with no programming or technology experience. FameDays, wholly owned subsidiary, is a leading-edge developer of immersive entertainment centres, integrating AR/AI (artificial intelligence) and interactive technology to create fully immersive, high-impact experiences. The large-scale venues redefine storytelling by blending prerendered visuals, augmented reality overlays and real-time interactivity, offering audiences a next-generation entertainment experience with limitless creative possibilities.

We seek Safe Harbor.