Mr. Robert Goehring reports

WISR AI SIGNS DEFINITIVE ASSET PURCHASE AGREEMENT WITH RISKASSURE VENDORS

Wisr AI Systems Inc. has entered into a definitive asset purchase agreement with the arm's-length vendors of RiskAssure, an artificial-intelligence-native response automation platform built to streamline and accelerate third party security assessments. The execution of the definitive agreement follows the previously announced signing of a non-binding letter of intent in respect of the proposed acquisition dated July 15, 2025.

RiskAssure uses artificial intelligence to analyze vendor security documentation and instantly generate accurate, context-rich responses to security questionnaires -- cutting turnaround time from days to minutes and significantly reducing the manual workload for security teams. The platform's continuously learning knowledge base improves with every use, and its flexible, application-programming-interface-first architecture allows seamless integration into existing GRC (governance, risk and compliance), TPRM (third party risk management) and sales workflows to accelerate deal velocity and enhance third party risk management. The proposed acquisition is expected to accelerate the development of the company's agentic AI risk intelligence platform and expand commercialization opportunities.

Pursuant to the definitive agreement, Wisr AI has agreed to acquire RiskAssure from the vendors in exchange for an aggregate of 6.25 million common shares of the company at a deemed price of 25 cents per share for an aggregate transaction value of $1,562,500. The closing of the proposed acquisition is subject to several conditions, including the receipt of all necessary regulatory approvals, but is expected to occur in the near future.

For additional information regarding the proposed acquisition, please refer to the company's news release dated July 16, 2025.

"The acquisition of RiskAssure will further enhance our strategy to deliver agentic AI solutions that not only predict risk but also automate action," said Rob Goehring, chief executive officer of Wisr AI. "RiskAssure is a powerful extension of our platform, enabling organizations to instantly respond to vendor requests while maintaining accuracy, transparency and trust."

About Wisr AI Systems Inc.

Wisr AI Systems is a Vancouver-based technology company building agentic AI platforms that predict, prioritize and monitor cyber and third party risk. Its solutions help enterprises ingest and interpret real-time global signals to manage complex vendor ecosystems and supply chains more intelligently. Wisr empowers organizations with dynamic risk visibility and actionable intelligence to support stronger cybersecurity governance and operational resilience.

We seek Safe Harbor.