Mr. Chris Giordano reports

MIMEDIA PROVIDES BUSINESS UPDATE HEADING INTO CALENDAR YEAR-END

Mimedia Holdings Ltd. has provided a brief business update heading toward the end of the 2025 calendar year.

Management is excited to announce that, for the first time in the company's history, all Mimedia partners are shipping devices or readying device shipments for the end of the year. The company has never had this many partners shipping devices at the same time to contribute to its revenue funnel.

Mimedia's dashboard is ready to receive this influx of revenue-generating devices, as all of the systems required to support the company's two revenue streams, mobile advertising and storage subscriptions, are already running and generating revenue.

In addition, underlying metrics in the company's dashboard are looking stronger than ever. In particular, CPM mobile advertising rates in the United States have been consistently above $20 (U.S.) in Mimedia's dashboard, the highest levels recorded by the company and more than double management's projection, reflecting the robust mobile advertising market in the U.S. As several of Mimedia's partners ship devices into the U.S. region, the company will benefit from the multiples higher CPM rates in the U.S., versus other regions, such as Latin America.

Chris Giordano, Mimedia's chief executive officer, stated: "Two thousand twenty-five has been an extraordinary year for our partners. In Q1, higher tariffs severely disrupted the smart phone ecosystem and supply chains and paused device shipments of many OEMs, including our partners. Our partners responded to this major challenge by moving device production out of highly affected countries such as China and into less affected places like Vietnam and the Philippines -- a process that generally takes years to execute but instead, with great effort, only took months. Now in Q4, our partners have multiple production centres firing, insulating their device production from further tariff disruption (should there be any) while adding scalability."

Mr. Giordano continued: "While we hoped for a breakthrough year with our partners in 2025, we are entering 2026 with the same expectation, if not better. We mention the potential for higher expectations because the company signed more partners to our device funnel this year, while adding greater capability and scale to our underlying revenue engines. Our partners and the company expect a solid rebound in 2026, as demand appears to be returning strongly across the globe."

Mr. Giordano finally noted: "We plan to provide specific partner device announcements in the coming weeks. We look forward to these device shipments turning into engaged users in our revenue funnel, which will then propel the company forward to key revenue and cash flow thresholds in 2026."

About Mimedia Holdings Inc.

Mimedia Holdings provides an AI- (artificial intelligence) and data-powered, next-generation consumer cloud platform that enables all types of personal media to be secured in the cloud, accessed seamlessly at any time, across all devices and on all operating systems. The company's platform differentiates with its rich media experience, robust organization tools, private sharing capabilities and features that drive content re-engagement. Mimedia partners with smart phone makers and telecom carriers globally, and provides its partners with recurring revenue streams, improved customer retention and market differentiation. The platform services engaged users all around the world.

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