Mr. David Scott reports

VERSES® EXPANDS COMMERCIAL RELATIONSHIP WITH MAJOR GLOBAL INVESTMENT FIRM

Verses AI Inc. has formed an additional expansion and extension of its relationship with a major global investment firm. The company will extend its existing consulting arrangement to further embed Genius in the customer organization.

In this phase, Verses will work with investment and risk management team members at the investment firm to further assess the effectiveness of using Verses models within their existing process workflows. This work will build on the previous phase, in which Verses developed an active inference causal model of financial markets to inform asset allocation decisions. Verses first worked with this investment firm in early 2025, then upgraded to a Genius enterprise licence in June, 2025, and further extended the relationship in September, 2025.

"We continue to be focused on developing and commercializing Genius for financial services. We believe that this contract extension is a vote of confidence in our ability to drive value for large asset managers," said David T. Scott, Verses interim chief executive officer.

About Verses AI Inc.

Verses is a cognitive computing company building next-generation intelligent agentic systems modeled after the wisdom and genius of nature. Designed around first principles found in science, physics and biology, the company's flagship product, Genius, is an agentic enterprise intelligence platform designed to generate reliable domain-specific predictions and decisions under uncertainty.

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