Abaxx Technologies completes first gold delivery

Mr. Steve Fray reports ABAXX EXCHANGE COMPLETES FIRST PHYSICAL DELIVERY UNDER GOLD SINGAPORE FUTURES CONTRACT Abaxx Technologies Inc., StoneX Financial Pte. Ltd., a subsidiary of StoneX Group Inc. (Nasdaq: SNEX), and KGI Securities (Singapore) Pte. Ltd., a subsidiary of KGI Financial Holding Co. Ltd., have for the first time successfully delivered under the Abaxx Gold Singapore Futures contract on Abaxx Exchange. The Abaxx Gold Singapore Futures February, 2026, contract was physically settled, with delivery completed between MTS Gold Group and Kilo Capital, with clearing services provided by StoneX and KGI Securities, and inventory transfer supported by Abaxx Spot. The transaction represents the first gold futures position on Abaxx Exchange carried through to physical delivery and the first Abaxx Spot inventory transfer associated with a futures delivery. The delivery demonstrates the contract's function as a regionally anchored benchmark for price discovery and commercial risk management in the Asian physical gold market. "StoneX is proud to be the first clearing member to complete a physical delivery on Abaxx Exchange, marking an important milestone in bringing this exciting new market infrastructure and capability to Singapore," said Lian Tuck Lee, head of listed derivatives, Asia, StoneX Financial. "Along with being the first clearer on Abaxx Exchange, this new achievement reinforces our commitment to expanding access, deepening liquidity, and delivering best-in-class hedging and risk-management solutions for StoneX clients globally. With StoneX's deep expertise in the physical markets and, specifically in precious metals, we look forward to working with Abaxx to open new commercial avenues and bring additional transparency and efficiency in the gold trading marketplace." "KGI Securities is proud to serve as Asia's gateway to the global market by facilitating this historic first delivery on Abaxx Exchange," said Ken Ong, chief executive officer, KGI Securities (Singapore) Pte. Ltd. "This milestone validates the importance of a regionally anchored, physically settled gold benchmark. By bridging the gap between sophisticated futures trading and physical delivery in Singapore, we are empowering our clients with the transparency and security required to navigate the evolving global commodities landscape." "MTS Gold Group is proud to be the first physical market participant to complete a physical delivery on Abaxx Exchange," said Nuttapong Hirunyasiri, CEO, MTS Gold Group. "We are excited to facilitate access for the market through Abaxx, and to further support this contract and the precious metals market. With MTS Gold Group's existing expertise in the physical and exchange-traded markets, we are proud to be a pioneer participant in marking an important milestone in developing the precious metals market in Singapore and look to further strengthen our commitment to providing comprehensive solutions in this ecosystem." "As a North American leader in precious metals inventory finance and physical supply, the Abaxx Gold Singapore Futures contract gives us direct tools to hedge kilobar inventory exposures and align our financing solutions with actual Asian physical flows," said Wade Brennan, CEO of Kilo Capital. "Abaxx's integrated gold market infrastructure cuts through traditional OTC frictions and offshore settlement barriers, unlocking new commercial opportunities in cross-border gold trading." The Abaxx Gold Singapore Futures contract, launched in June, 2025, is part of Abaxx Exchange's growing suite of futures contracts across energy, environmental, battery materials and precious metals markets. About Abaxx Technologies Inc. Abaxx Technologies is building smarter markets: markets empowered by better tools, better benchmarks and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition. In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore, the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiary Abaxx Spot Pte. Ltd., the operator of Abaxx Spot. Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally cleared, physically deliverable futures contracts in LNG (liquified natural gas), carbon, battery materials and precious metals, meeting the commercial needs of today's commodity markets and establishing the next generation of global benchmarks. Abaxx Spot modernizes physical gold trading through a digitally integrated, physically backed gold pool in Singapore. It is set to become the first market infrastructure to align spot and futures gold markets in the same location-enabling secure electronic transactions, efficient OTC transfers and physical delivery for Abaxx Exchange's gold futures contracts to deliver smarter gold markets. We seek Safe Harbor.