Pioneer AI completes MCP cloud testing

Mr. Darcy Taylor reports PIONEER AI FOUNDRY COMPLETES INTERNAL TESTING FOR MCP CLOUD ENVIRONMENT AND PROVIDES DIGITAL ASSET TREASURY AND VENTURE UPDATE Pioneer AI Foundry Inc. is providing an update on the continued progress of its Kora AI agent trading platform, development of its digital asset treasury initiatives and recent activities across its strategic ventures. Pioneer's layered digital asset treasury strategy combines direct bitcoin holdings, Kora's AI-driven automation layer, and minority venture equity positions in listed companies active in bitcoin treasury and AI infrastructure. Together, these components form the foundation of the company's digital asset approach. "Our recent milestones in Kora's cloud execution and digital asset management reflect steady, deliberate progress across our technology and treasury strategies. We remain focused on disciplined execution as we advance our road map," said Darcy Taylor, chief executive officer of Pioneer AI Foundry. Kora completes internal MCP cloud execution milestone A Kora development milestone that enables execution of its model context protocol (MCP) framework, which enables secure and standardized communication between AI agents and external tools, in a controlled cloud environment. This work is part of the company's development road map and is intended to support scalable cloud execution, distributed processing and enterprise-grade security. All referenced capabilities have been implemented in limited internal testing and are currently undergoing validation. MCP components are operating in cloud environments under testing for consistent performance under varying workloads and to maintain availability for sensitive operational tasks. This milestone is designed to improve accessibility by enabling cloud-based execution of complex tasks and support agents that require the ability to perform computationally demanding workloads such as large data set analysis or simulation tasks without relying on local processing resources. The work includes refining resource allocation practices, extending monitoring systems, strengthening disaster recovery processes and ensuring alignment with applicable regional data handling requirements consistent with applicable regulatory expectations. Strategic venture equity layer Satsuma Technology PLC (London Stock Exchange: SATS) The following reflects information publicly disclosed by Satsuma Technology PLC. On Nov. 28, Satsuma Technology PLC released its unaudited interim results (period March 1 to Aug. 31, 2025). Satsuma reported interim financial and operational results reflecting structural development across its treasury, governance and advisory foundations. The company disclosed the successful raise of 169 million pounds sterling through convertible loan notes, bitcoin treasury holdings of 1,153 BTC alongside 60.6 million pounds sterling in cash, increased utilization of its Tao subnet operations and the exercise of more than 73 million warrants. Over Dec. 11 Satsuma announced proposed board changes intended to enhance its governance framework, including the proposed appointment of Ranald McGregor Smith as chair and Clive Carver as senior independent director, both of whom bring extensive UK PLC and capital markets experience. Dec. 19 Satsuma announced that, the company's ordinary shares have been admitted to the equity shares (commercial companies) category of the Official List of the FCA and to trading on the Main Market of the London Stock Exchange effective at 8 a.m. GMT today, Dec. 19, 2025. As detailed in the company's strategy within the prospectus, the company intends to develop bitcoin-based revenue lines, including bitcoin staking and decentralized AI operations, as part of its stated treasury strategy involving the accumulation of bitcoin in the company's treasury. This operational strategy will be implemented organically and through acquisitions. It is designed to complement the company's treasury policy of holding bitcoin as its primary reserve asset. The company reiterated that it holds approximately 90 million pounds sterling in cash to meet the repayment obligations for remaining loan notes and expects to retain cash and bitcoin assets following settlement of these liabilities. Darcy Taylor, chief executive officer of Pioneer AI Foundry, commented: "Satsuma's admission and eligibility for inclusion in institutional portfolios and index tracking funds is a major milestone. Our venture exposure continues to provide insight into emerging AI and digital asset infrastructure, while we focus on strengthening Pioneer's core platform and treasury operations." Satsuma remains one of the largest United Kingdom-listed corporate bitcoin treasuries. As of today's, announcement, Pioneer holds 20 million SATS shares (approximately 0.23 per cent). Cykel AI PLC (LSE: CYK): The following summary reflects information disclosed publicly by Cykel AI PLC in its interim financial statements and regulatory announcements. During the six months to July 31, 2025, Cykel reported continued progress transitioning from product development into early commercial activity, highlighted by the public launch of its Lucy recruitment agent in March and its Eve sales agent in June. The company subsequently announced a conditional 2.8-million-pound-sterling strategic fundraise via prepaid warrants. The company also outlined planned changes to its capital structure, adjustments to its treasury policy, including increased emphasis on solana, and leadership updates that include the appointment of a new CEO, Michael Chan, as chief executive officer, He previously served as managing counsel and global head of corporate legal at Binance. Pioneer holds 120,570 CYK shares (approximately 0.28 per cent). Direct digital assets treasury accumulation Pioneer continued to increase its BTC holdings, while rotating solana assets through Kora AI's signal-based automation engine. As of the date of release, Pioneer directly holds 5.03 BTC and 1,321.07 SOL, majority actively staked and at a combined value of approximately $900,000 (versus last reported Oct. 29 holdings of 1,987 SOL and 4.33 BTC at a combined value of approximately $1.28-million). Pioneer continues to advance its digital asset treasury strategy through disciplined accumulation of bitcoin and the active management of solana positions. About Pioneer AI Foundry Inc. Pioneer AI Foundry is a publicly listed venture builder advancing agentic AI at the intersection of artificial intelligence and decentralized finance. Through its subsidiary Kora AI Pte. Ltd., Pioneer has developed Kora, an AI-driven product focused on DeFi (decentralized finance) that is currently in private beta testing. The company also maintains strategic minority equity interests in ventures driving innovation in AI and bitcoin treasury strategies. These include Cykel AI PLC, Sundae Bar PLC, Supernova Digital Assets PLC and Satsuma Technology PLC. We seek Safe Harbor.