SEDAR Interim Financial Statements

New Media Capital 2.0 Inc. (A Capital Pool Company) Condensed Interim Financial Statements For the three and nine months ended December 31, 2025 and 2024 (in Canadian Dollars) (Unaudited) New Media Capital 2.0 Inc. Statement of Financial Position (in Canadian Dollars) (Unaudited) See accompanying notes to the financial statements As at: Note December 31, 2025 $ March 31, 2025 $ ASSETS CURRENT Cash 179,683 255,115 Prepaid expenses - 1,505 Accounts receivable - 1,000 TOTAL ASSETS 179,683 257,620 LIABILITIES CURRENT Accounts payable and accrued liabilities 5 10,054 8,754 TOTAL LIABILITIES 10,054 8,754 SHAREHOLDERS' EQUITY Share capital 3 511,948 511,948 Contributed surplus 37,000 37,000 Accumulated deficit (379,319) (300,082) TOTAL SHAREHOLDERS’ EQUITY 169,629 248,866 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 179,683 257,620 New Media Capital 2.0 Inc. Statement of Loss and Comprehensive Loss For three and nine months ended December 31, 2025 and 2024 (in Canadian Dollars) (Unaudited) Three months ended December 31, Nine months ended December 31, 2025 2024 2025 2024 Note $ $ $ $ Expenses Professional fees 11,849 1,575 64,080 7,346 General and administrative 13,659 4,161 18,558 10,213 Total expenses 25,508 5,736 82,638 17,559 Other income Net interest earned 966 1,781 3,401 5,634 NET LOSS AND COMPREHENSIVE LOSS 24,542 3,955 79,237 11,925 NET LOSS PER SHARE Basic and diluted ($0.00) ($0.00) ($0.01) ($0.00) WEIGHTED AVERAGE COMMON SHARES Basic and diluted (excluding escrowed shares) 6 7,800,000 7,800,000 7,800,000 7,800,000 See accompanying notes to the financial statements New Media Capital 2.0 Inc. Statement of Cash Flows (in Canadian Dollars) (Unaudited) See accompanying notes to the financial statements Note Nine months ended December 31, 2025 Nine months ended December 31, 2024 Operating activities $ $ Net loss and comprehensive loss (79,237) (11,925) Change in non-cash working capital items Prepaid expenses 1,505 (6,645) Accounts receivable 1,000 1,000 Accounts payable and accrued liabilities 1,300 (8,734) Net cash used in operating activities (75,432) (26,304) Net decrease in cash (75,432) (26,304) Cash, beginning of period 255,115 290,685 Cash, end of period 179,683 264,381 New Media Capital 2.0 Inc. Statement of Changes in Shareholders’ Equity For the three and nine months ended December 31, 2025 and 2024 (in Canadian Dollars) (Unaudited) See accompanying notes to the financial statements Number of Shares Share Capital Contributed Surplus Accumulated Deficit Shareholders’ Equity $ $ $ $ Balance, March 31, 2025 7,800,000 511,948 37,000 (300,082) 248,866 Net loss for the period - - - (79,237) (79,237) Balance, December 31, 2025 7,800,000 511,948 37,000 (379,319) 169,629 Balance, March 31, 2024 7,800,000 511,948 37,000 (267,108) 281,840 Net loss for the period - - - (11,925) (11,925) Balance, December 31, 2024 7,800,000 511,948 37,000 (279,033) 269,915 New Media Capital 2.0 Inc. Notes to the Financial Statements For the three and nine months ended December 31, 2025 and 2024 (in Canadian Dollars) (Unaudited) 1. INCORPORATION AND NATURE OF BUSINESS New Media Capital 2.0 Inc. (the "Corporation") was initially incorporated under the Business Corporations Act (Alberta) on March 12, 2021 and is a Capital Pool Company (“CPC”) as defined in Policy 2.4 (the "Policy") of the TSX Venture Exchange (the "Exchange"). The principal business of the Corporation will be the identification and evaluation of assets or businesses with a view to completing a --- Qualifying Transaction ("QT") as defined in the Policy. The Corporation has not commenced commercial operations. Given the nature of the activities, no separate segmented information is reported. The Corporation's continuing operations, as intended, is to identify and evaluate potential acquisitions of businesses, and once identified and evaluated, to negotiate an acquisition thereof or participation therein subject to receipt of regulatory and, if required, shareholders' approval. The proceeds raised from the issuance of share capital may only be used to identify and evaluate assets or businesses for future investment, with the exception that up to $3,000 per month may be used for reasonable general and administrative expenses of the Corporation. These restrictions apply until completion of a QT. The head office and the registered head office of the Corporation is located at 8634-53 Avenue, Edmonton, AB T6E 5G2. On March 2, 2026, the Board of Directors approved the financial statements for the three and nine months ended December 31, 2025. New Media Capital 2.0 Inc. Notes to the Financial Statements For the three and nine months ended December 31, 2025 and 2024 (in Canadian Dollars) (Unaudited) 2. MATERIAL ACCOUNTING POLICIES These unaudited interim condensed financial statements have been prepared in accordance with International Accounting Standards (“IAS”) 34 ‘Interim Financial Reporting’ (“IAS 34”) using accounting policies consistent with the IFRS Accounting Standards (“IFRS”) issued by the International Accounting Standards Board (“IASB”) and Interpretations of the International Financial Reporting Interpretations Committee (“IFRIC”). These unaudited condensed interim financial statements have been prepared on an accrual basis and are based on historical costs. These unaudited condensed interim financial statements are presented in Canadian dollars, which is the corporation’s functional and presentation currency. The accounting policies applied by the Corporation in these unaudited condensed interim financial statements are the same as those applied by the Corporation in the audited financial statements for the period ended March 31, 2025. 3. SHARE CAPITAL Authorized – Unlimited common shares and preferred shares Common shares Balance, March 31, 2025 and December 31, 2025 $511,948 No preferred shares have been issued. Escrowed Shares During the year ended March 31, 2022, the Corporation issued 5,000,000 common shares ("Common Shares") at $0.10 per share for gross proceeds of $500,000. All Common Shares: (a) issued at a price below the price of the Common Shares issued in the Corporation's initial public offering ("IPO"); and (b) all shares acquired from treasury after the IPO but before the date of the Final QT Exchange Bulletin (as defined in the Policy) which are, directly or indirectly, beneficially owned or controlled by Non-Arm's Length Parties (as defined in the Policy) to the Corporation, are required to be deposited in escrow. Subject to certain permitted exemptions, all securities of the Corporation held by principals of the resulting issuer will also be subject to escrow. 2,800,000 Common Shares are held in escrow pursuant to the requirements of the Exchange. Options The Corporation has established a stock option plan for its directors, officers and consultants under which the Corporation may grant options from time to time to acquire a maximum of 10% of the issued and outstanding Common Shares. The exercise price of ea --- ch option granted under the plan shall be determined by the Board of Directors. New Media Capital 2.0 Inc. Notes to the Financial Statements For the three and nine months ended December 31, 2025 and 2024 (in Canadian Dollars) (Unaudited) Options may be granted for a maximum term of ten years from the date of the grant. They are nontransferable and are exercisable as determined by the Board of Directors when the option is granted. Options expire within 90 days of termination of employment or holding office as director or officer of the Corporation (other than in connection with the completion of the QT - in which case 1 year) and, in the case of death, expire within a maximum period of one year after such death, subject to the expiry date of the option. Any options granted, and any shares issued upon exercise of options, prior to the Corporation’s completion of a QT will be subject to escrow restrictions. In addition to the foregoing, any options with an exercise price less than the offering price per Common Share in the IPO will be subject to the same escrow release schedule as the Common Shares issued for a price less than the offering price per Common Share in the IPO. The stock option plan is subject to regulatory approval. No options have been granted or are outstanding as at March 31, 2025 or December 31, 2025. Warrants At March 31, 2025 and December 31, 2025, the Corporation had 500,000 warrants outstanding exercisable at $0.10 per warrant with an expiry date of December 21, 2026 (or earlier if a Qualifying Transaction is completed). New Media Capital 2.0 Inc. Notes to the Financial Statements For the three and nine months ended December 31, 2025 and 2024 (in Canadian Dollars) (Unaudited) 4. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES Capital Management The Corporation's objective when managing capital is to maintain its ability to continue as a going concern in order to provide returns for shareholders and benefits for other stakeholders. The Corporation includes equity, comprised of share capital and deficit in the definition of capital. The Corporation's primary objective with respect to its capital management is to ensure that it has sufficient cash resources to fund the identification and evaluation of potential acquisitions. To secure the additional capital necessary to pursue these plans, the Corporation may attempt to raise additional funds through the issuance of equity or by securing strategic partners. The proceeds raised from the issuance of share capital may only be used to identify and evaluate assets or businesses for future investment, with the exception that up to $3,000 per month may be used for reasonable general and administrative expenses of the Corporation. These restrictions apply until completion of a QT by the Corporation as defined under the policies of the Policy. Risk Disclosures and Fair Values The Corporation's financial instruments, consisting of cash, accounts receivable and accounts payable accrued liabilities approximate fair value due to the relatively short-term maturity of the instruments. It is management’s opinion that the Corporation is not exposed to significant interest, currency or credit risks arising from these financial instruments. New Media Capital 2.0 Inc. Notes to the Financial Statements For the three and nine months ended December 31, 2025 and 2024 (in Canadian Dollars) (Unaudited) 5. RELATED PARTY TRANSACTIONS The corporate secretary of the Corporation is a partner at a la --- w firm representing the Corporation. In the three and nine months ended December 31, 2025, the Corporation incurred $NIL and $40,885, respectively, in professional fees to the law firm for general legal fees (three and nine months ended December 31, 2024 - $NIL and $491, respectively). At December 31, 2025, $1,006 owing to the law firm was recorded in accounts payable and accrued liabilities (March 31, 2025 - $NIL). 6. NET LOSS PER COMMON SHARE The basic and diluted net loss per common share is based on the weighted average number of common shares outstanding as at December 31, 2025 as there are no anti-dilutive shares. Once the common shares are placed in escrow they will be considered contingently issuable until the Corporation completes a QT and excluded for the purpose of the loss per share calculation. 7. QUALIFYING TRANSACTION The Corporation entered into a definitive share exchange agreement dated July 16, 2025 (the “Definitive Agreement”) with Asiatel Outsourcing Ltd. (“Asiatel”), a business process outsourcing company, existing under the laws of the Cayman Islands, specializing in remote staffing and managed operations, located in Metro Manila Philippines, and the shareholders of Asiatel. Pursuant to the Definitive Agreement, the Corporation has agreed to acquire 100% of the outstanding shares of Asiatel in exchange for post- consolidation shares of the Corporation (the “Transaction”). The Corporation will provide additional information on the business of Asiatel, including significant financial information, in a non-offering prospectus to be filed with the TSX Venture Exchange (the “TSXV” or the “Exchange”) and the securities regulators in the provinces of Alberta, British Columbia, and Ontario in respect of the Transaction (the “Prospectus”). 8. SUBSEQUENT EVENT On February 17, 2026, The Company announced the closing of the first tranche of its previously announced non-brokered private placement, consisting of the issuance of an aggregate 3,800,000 subscription receipts ("Subscription Receipts") at a price of $0.20 per Subscription Receipt for gross proceeds of $760,000 (the "Offering"). The Offering was completed in connection with the previously- announced arm's length Qualifying Transaction proposed to be completed by the Company and Asiatel Outsourcing Ltd. ("Asiatel"). Each Subscription Receipt entitles the holder to receive, without any further action or additional consideration, one post-consolidation unit (a "Unit") upon the satisfaction, or waiver by the holder, of certain escrow release conditions, including the completion or waiver of all conditions precedent (other than the completion of this private placement) to the completion of the Qualifying Transaction, prior to New Media Capital 2.0 Inc. Notes to the Financial Statements For the three and nine months ended December 31, 2025 and 2024 (in Canadian Dollars) (Unaudited) the escrow termination deadline. Each Unit is comprised of one post-consolidation common share of the Company (a "Share") and one post-consolidation Share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one additional post-consolidation Share of the Company (a "Warrant Share") at a price of $0.30 per Warrant Share for a period of 18 months from the conversion date, subject to acceleration if the closing price of the common shares of the Company is at or above $0.45 for ten consecutive days. Pursuant to applicable Canadian securities laws and the policies of the TSXV, --- all securities to be issued under the Offering will be subject to a four-month hold period ending on June 14, 2026. In connection with the Offering, the Company agreed to pay $25,000 in finder's fees upon completion of the Qualifying Transaction. The Company intends to use the proceeds from the Offering for expansion in the Philippines, IT enhancements and AI alliances, development of niche products, Canadian office expenses, investor relations, costs of the Qualifying Transaction, and general working capital. In the event that: (i) the escrow release conditions are not satisfied on or prior to the escrow termination deadline or (ii) the Qualifying Transaction is terminated at any time prior to the escrow termination deadline, or (iii) the Company and Asiatel otherwise notify the holders of Subscription Receipts in writing that they do not intend to proceed with the Offering, the proceeds of the Offering will be returned to the holders of Subscription Receipts and the Subscription Receipts will be cancelled. A company owned by a director of the Company participated in the Offering for aggregate proceeds of $500,000. The Company has received proceeds for the subscription receipts but has not issued the shares.