Mr. Paul McKenzie reports

NEXOPTIC TECHNOLOGY CORP. PROVIDES DEFAULT STATUS REPORT ON ANNUAL FINANCIAL STATEMENTS

Further to the news releases dated May 1, May 15, May 30 and June 16, 2025, and the material change report dated May 2, 2025, Nexoptic Technology Corp. has provided its biweekly default status report in the form of a news release as required under National Policy 12-203 (Management Cease Trade Orders).

On May 1, 2025, the company disseminated a news release disclosing that it had voluntarily applied to the B.C. Securities Commission for a management cease trade order as it was not able to complete and file its audited financial statements, chief executive officer and chief financial officer certifications, and management's discussion and analysis for the year ended Dec. 31, 2024, by the filing deadline of April 30, 2025, due to a combination of factors, including as a result of delays in receiving information and confirmations from third parties and as a result of the appointment of a new chief financial officer in the weeks leading up to the deadline for the annual filings. On May 1, 2025, the BCSC granted the MCTO.

The company confirms that, since the date of the MCTO notice:

1. There has been no material change to the information set out in the MCTO notice that has not been generally disclosed.
2. There has been no failure by the company in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines set out in NP 12-203.
3. There has not been any other specified default by the company under NP 12-203.
4. There is no other material information concerning the affairs of the company that has not been generally disclosed.

The company is in the final stages of completing the audit of the annual financial statements. The company now expects to complete the annual filings on or before July 14, 2025, and it will issue a news release once the annual filings have been filed. Until filing of the annual filings, the company intends to satisfy the provisions of the alternative information guidelines as required by NP 12-203.

About Nexoptic Technology Corp.

Nexoptic is an innovative imaging artificial intelligence company headquartered in Vancouver, Canada, offering world-leading patented and patent-pending AI solutions for imaging known as ALIIS (all light intelligent imaging solutions) and NexCompress.

We seek Safe Harbor.