Mr. Brian Shin reports

VIP ENTERTAINMENT TECHNOLOGIES INC. ENTERS INTO PLATFORM PARTNERSHIP WITH CANDICODE

VIP Entertainment Technologies Inc. has entered into a platform use and content operation agreement, effective Dec. 18, 2025, in connection with the integration of third party digital content onto its Alchemist Republic platform.

Under the agreement, the company will support the operation and commercialization of select digital content through the Alchemist Republic platform.

The content covered under the agreement includes:

• AFK Battle: Idle Princess, an RPG game title that has previously been live-serviced in the market and for which ownership has since been consolidated under the content operator; the version expected to launch in connection with Alchemist Republic is anticipated to include upgraded features and enhancements compared with the previously serviced version; and
• Crush, a proprietary digital content platform designed to support game-related services and digital asset functionality.

The version expected to be launched in connection with Alchemist Republic is anticipated to include functional and content upgrades.

The agreement includes a platform-level revenue-sharing arrangement limited to fees generated from blockchain-enabled features, including the use and trading of non-fungible tokens and other platform-based digital assets by users introduced through the content.

The initial term of the agreement is one year, subject to renewal by mutual agreement.

The agreement was entered into in accordance with applicable regulatory requirements and includes a related-party component.

The completion of the transactions remains subject to acceptance by the TSX Venture Exchange.

About VIP Entertainment Technologies Inc.

VIP Entertainment is currently undergoing a restructuring process under new management. The company is focused on stabilizing its financial position, restructuring outstanding debt and pursuing opportunities to enhance shareholder value.

VIP Entertainment is focused on developing and expanding its global digital content platforms, enhancing service offerings, and creating shareholder value through strategic partnerships and platform innovation.

We seek Safe Harbor.