FOBI AI Inc. Announces Revocation of Failure to File Cease Trade Order

Va couve, BC, July 10, 2026 (GLOBE NEWSWIRE) — FOBI AI I c. (FOBI:TSXV) (Pi k:FOBIF) (“Phobia” o the “Company“), a company that leverages AI advertising data to facilitate digital ta sfo matio, is pleased to announce that the British Columbia Securities Commission, as the company’s chief regulator, has issued a full evocatio (the “Withdrawal “) of the failure to file a file previously issued against the company on November 1, 2024 (the “FFCTO”).

The FFCTO was issued against the company for failing to file its annual audited financial statements, elated by the discussion (“MD&A“), advertisements for the financial year dated July 30, 2024 (together the “2024 A ule Fili gs“). During the period in which the FFCTO was in effect, i te im fi a cial statements, MD&A, ad accompanying CEO and CFO ce tificatio s for the periods dated September 30, 2024, December 31, 2024, ad May 31, 2025, a ual fi a cial statements, MD&A ad supervised CEO and CFO ce tificatio s for the year dated June 30, 2025, ad te im fi a cial statements, MD&A, ad supervised CEO ad CFO c tificatio s for the periods September 30, 2025, December 31, 2025 to March 31, 2026 (together the “Additio al Fili gs“) also became due.

The company has filed its 2024 annual filings with the Additio al Fili g, copies of which are available on the company’s SEDAR+ page at www.sedaplus.ca. The company also indicates that it has sworn (the “Refil g“) are i te im fi a cial statements, MD&A advertisement accompanied by CEO and CFO ce tificatio s for the three advertisement six months from December 31, 2025 (the “Q2 Fili gs”) copies of which are available on the company’s SEDAR+ page at www.sedaplus.ca. The second quarter estate of Refili Game Dad was originally filed on May 27, 2026 to collect the accounting fees and the elated bills, stating the liability, even the elated change in the cost of the costs and the associated GST/HST fees, as well as a statement that The company’s certificate of title, with a guaranteed value of $28,751 as of December 31, 2025, has been pledged to Bak of Mo teal as general ad coti g additional security for the company. this.

The company will work with the TSX Ve tu e Excha ge (“TSXV”) Oa ei statement from t adi gad will update the market as matte sp og ess.

About Fobi

Fobi AI I c. (TSXV: FOBI, ​​​​Pi k: FOBIF) is a data advertising AI technology company that enables digital ta sfo matio through real-time data, mobile-wallet e-gageme t, ad Web3-ready solutions. Through it’s strategy, tech ical a chitectu e, ad execution, Fobi helps clients in etail, spots, healthcare, advertising and fabrics digital initiatives i to achieve measurable business results.

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Fo wa d Looki g Statements/I fo matio:

These new statements that replace appearance-like statements include, for example, the tems of the assumption of the forms of the company of the TSX Ve tu e Exchange, the receipt of all necessary app ovals i co ectio with the same, and other statements characterized by words such as ‘probably’, ‘will’, ‘should’, ‘are’, ‘potential’ and other similar words, o statements that avoid the coditios ‘may’, ‘must’ or ‘will’ . Such apparent statements are subject to numerous risks, some of which are beyond the Company’s standards, including, without limitation, market competition, the impact of general economic conditions, competition, stock market volatility, TSX Ve tu e Exchange App oval co ditios and the ability to access sufficient capital from outside sources. Although the company believes that the expectations expressed are easy, they are based on factual sad assumptions and future events that may turn out to be accurate. These actually sad assumptions are currently based on reality. Such apparent statements are subject to other factors, and other factors that could affect actual results could cause actual results to differ from those stated. Amo g de key factual s That could cause factual results Unpleasant differences partnerly from at that one projected i the fo wa d-looki gi fo matio is the following: challenges related to volatile exchange rates, market conditions, competition and other economic advertising markets. This picture may be influenced by the consequences of the activities of the Compa yad market. co ditio s. Therefore, please be careful not to rely on the following statements to provide assurance about future locations, operations, advertising, activity levels or performance.

The following statements are made in this news release and are made as of the date of this news release advertisement. Except as otherwise required by applicable law, the Company undertakes no obligation to publicly release the following statements, whether or not as a result of new information, in the future whatsoever. The following statements are included in this document and are expressly qualified by this cautionary statement. Furthermore, the Company’s securities must be highly speculative. The certainty can be that the Company will be able to achieve all its stated objectives.

Neither the TSX Ve tu e Excha ge or its Regulatory Services (as defined in the policies of the TSX Ve tu e Excha ge) makes any representations about the adequacy or accuracy of this Agreement.