Mr. Stephen Brown, former chief executive officer, reports

CEO OF TEVANO SYSTEMS HOLDINGS CLAIMS WRONGFUL DISMISSAL

Stephen Brown has provided an update in connection with his termination of employment as chief executive officer of Tevano Systems Holdings Inc., per the press release issued by the company on April 28, 2026.

Mr. Brown has noticed the Tevano board that both the termination itself and the way it has been publicly disclosed constitute serious legal breaches and misrepresentation.

Mr. Brown stated during his tenure: "I took immediate and effective steps to remedy these deficiencies, including ensuring the timely filing of all outstanding and ongoing Form 7 reports and annual reports. Despite this, the board failed to maintain any meaningful communication and or assistance with me, including with respect to corporate governance matters, strategic direction or any alleged concerns regarding my performance, therefore, abandoning the company."

Mr. Brown also stated: "That the way the removal has been communicated to the market is not only prejudicial to him personally and professionally but is also damaging to the company, its shareholders, and its credibility in the capital markets; therefore, it will leave me no alternative but to pursue all available legal remedies."