Razvan Romanescu's Holding of Vertiqal Studios Corp.

Core Viewpoint - The Acquiror, Razvan Romanescu, disposed of 18,000,000 common shares of Vertiqal Studios Corp, reducing their ownership stake in the company. Group 1: Ownership Changes - Prior to the transaction, the Acquiror held 99,763,516 common shares, which included 96,259,583 issued shares and a convertible debenture convertible into 3,503,933 common shares, representing 11.57% of the total issued shares on a partially diluted basis [2] - After the transaction, the Acquiror's ownership decreased to 81,764,516 common shares, which includes 78,259,583 issued shares and the same 3,503,933 shares from the convertible debenture, now representing 9.48% of the total issued shares on a partially diluted basis [3] Group 2: Future Intentions - The Acquiror may acquire additional common shares or other securities of the Issuer in the future, depending on market conditions and the Issuer's business prospects [4] - The Acquiror disposed of the shares for investment purposes and currently has no intention of acquiring more securities, but may reconsider based on the Issuer's financial condition and market factors [5] Group 3: Regulatory Compliance - The press release is issued in accordance with the early warning requirements of National Instrument 62-103, which mandates filing on SEDAR+ along with an Early Warning Report related to the transaction [6]