Mr. Sanjeev Parsad reports

AJA HEALTH AND WELLNESS INC. PROVIDES UPDATE ON DELAY IN FILING FINANCIAL STATEMENTS

Aja Health and Wellness Inc. is getting closer to filing its annual audited financial statements for the financial year ending Dec. 31, 2024, including the related management's discussion and analysis, and certifications from the chief executive officer and chief financial officer, and the company's unaudited interim financial statements for the three months ended March 31, 2025, the management's discussion and analysis for the same period, and management certifications of the interim filings. On Aug. 1, 2025, the Alberta Securities Commission issued a failure-to-file cease trade order (FFCTO) because the company was unable to file the annual filings and interim filings in time to meet the April 30, 2025, and May 30, 2025, deadlines, respectively.

Aja previously announced that the delay in filing the annual filings was due to the determination that the previously announced reverse takeover transaction, which closed on Sept. 17, 2024, will be characterized as a series of acquisitions for accounting purposes. This characterization requires a valuation of the purchase price allocation to complete the audited financial statements for the financial year ending Dec. 31, 2024. The valuator continues to work on valuing the purchase price allocation and anticipates having the valuation finalized on or before Sept. 22, 2025. Following receipt of the valuation, the auditor will continue working with the company to complete the audited financial statements for the financial year ending Dec. 31, 2024. The company is working to complete the annual filings as soon as possible and expects the annual filings to be filed on or before Sept. 30, 2025.

Aja is working to complete the interim filings as soon as possible and expects the interim filings to be filed on or before Sept. 30, 2025.

The company anticipates that the FFCTO will remain in place until such time as the annual filings and the interim filings are filed.

We seek Safe Harbor.