Fairplay Ventures Inc. Announces Election of Directors

Core Viewpoint - Fairplay Ventures Inc. successfully elected its board of directors during the annual general and special meeting held on August 5, 2025, with the current board comprising Mark Scarrow, Jason Gorel, and Vern Vipul [1][2]. Group 1: Board of Directors - Mark Scarrow and Jason Gorel were re-elected, while Vern Vipul was elected for his first term as a director [2]. - Bruno Amadi did not stand for re-election and ceased to be a director following the election of Mr. Vipul [2]. Group 2: Company Status - Fairplay Ventures Inc. has not commenced commercial operations and currently holds only a minimal amount of cash as assets [3]. - The company is focused on identifying and evaluating assets or businesses with the aim of completing a proposed Qualifying Transaction, as per TSX Venture Exchange Policy 2.4 [3].