BRIEF

on Alset Capital Inc. (CVE:KSUM)

Randy Gilling Sells Majority of Alset AI Ventures Inc. Shares

On June 9, 2026, Randy Gilling sold 1,852,662 common shares of Alset AI Ventures Inc. for a total of $222,319.44. This transaction was executed through the TSX Venture Exchange at $0.12 per share.

Prior to the sale, Gilling held 1,962,245 common shares and 463,333 warrants, representing 11.13% of outstanding shares. Post-transaction, his holdings decreased significantly to 109,583 shares and 463,333 warrants, falling below 1% of outstanding shares.

The sale was conducted for tax compliance purposes. Gilling may adjust his holdings based on market conditions and company prospects. This change exempts him from further early warning reports under current securities legislation.

R. E.

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