SEDAR Interim Financial Statements

ANONYMOUS INTELLIGENCE COMPANY INC. Condensed Interim Consolidated Financial Statements (Unaudited) Three months ended December 31, 2025 and 2024 (In Canadian dollars) NOTICE OF NO AUDITOR REVIEW OF UNAUDITED CONDENSED INTERIM CONSOLIDATED FINANCIAL STATMENTS The accompanying unaudited condensed interim consolidated financial statements of the Company have been prepared by and are the responsibility of the Company’s management. The Company’s independent auditor has not performed a review of these financial statements in accordance with standards established by the Chartered Professional Accountants of Canada for a review of interim financial statements by an entity’s auditor. The accompanying notes are an integral part of these consolidated financial statements. 1 Anonymous Intelligence Company Inc. Consolidated Statements of Financial Position As at December 31, 2025 and September 30, 2025 (In Canadian dollars) Notes December 31, 2025 September 30, 2025 $ $ Assets Current Cash 1,179,967 705,396 GST recoverable 5,246 4,926 Shares subscription receivable - 14,458 Prepaids and other assets 39,084 27,835 1,224,297 752,615 Investment 3 66,735 66,735 Total assets 1,291,032 819,350 Liabilities Current liabilities Accounts payable and accrued liabilities 142,058 213,983 Loans and borrowings - 12,000 142,058 225,983 Shareholders’ equity Share capital 7 23,227,237 22,504,783 Reserves 8, 9, 10 669,579 669,579 Deficit (22,747,842) (22,580,995) Total equity 1,148,974 593,367 Total liabilities and equity 1,291,032 819,350 Nature of operations and going concern 1 Subsequent events 10, 13 Approved on behalf of the Board of Directors: (Signed) “John Bean” (Signed) “Allan Larmour” Director Director The accompanying notes are an integral part of these consolidated financial statements. 2 Anonymous Intelligence Company Inc. Consolidated Statements of Comprehensive Loss Three months ended December 31, 2025 and 2024 (In Canadian dollars) Notes 2025 2024 $ $ Expenses Amortization 4 - 147,165 Management fees 21,000 15,000 Office and administration 11,430 - Professional fees 14,745 3,243 Regulatory and transfer agent fees 30,725 12,825 Research and development 6 88,542 35,391 Share-based compensation 8, 9, 10 - 12,277 Loss before other items (166,442) (225,901) Other items Finance costs 5 (405) (6,212) (405) (6,212) Net loss and comprehensive loss (166,847) (232,113) Net loss per share - basic and diluted (0.01) (0.01) Weighted average number of shares outstanding 29,608,921 16,866,775 The accompanying notes are an integral part of these consolidated financial statements. 3 Anonymous Intelligence Company Inc. Consolidated Statements of Changes in Shareholders’ Equity Three months ended December 31, 2025 and 2024 (In Canadian dollars) Share capital Reserves Notes Number Amount Stock Options RSUs Warrants Convertible debentures Accumulated comprehensive income Total reserves Deficit Total # $ $ $ $ $ $ $ $ $ Balance, September 30, 2025 28,151,041 22,504,783 123,629 12,713 787,237 - (254,000) 669,579 (22,580,995) 593,367 Shares issued for equity financing, net 8, 11 3,625,000 722,454 - - - - - - - 722,454 Net loss - - - - - - - - (166,847) (166,847) Balance, December 31, 2025 31,776,041 23,227,237 123,629 12,713 787,237 - (254,000) 669,579 (22,747,842) 1,148,974 Balance, September 30, 2024 16,862,373 21,147,737 59,389 16,930 763,176 6,137 (254,000) 591,632 (20,730,979) 1,008,390 Vested RSUs 8, 11 11,250 1,688 - (1,688) - - - (1,688) - - Share-based compensation 1 --- 0, 11 - - - 12,277 - - - 12,277 - 12,277 Net loss - - - - - - - - (232,113) (232,113) Balance, December 31, 2024 16,873,623 21,149,425 59,389 27,519 763,176 6,137 (254,000) 602,221 (20,963,092) 788,554 The accompanying notes are an integral part of these consolidated financial statements. 4 Anonymous Intelligence Company Inc. Consolidated Statements of Cash Flows Three months ended December 31, 2025 and 2024 (In Canadian dollars) 2025 2024 $ $ Operating activities Net loss (166,847) (232,113) Items not affecting cash - Amortization - 147,165 Share-based compensation - 12,277 Accrued interest and accretion expense - 5,895 Changes in non-cash working capital items GST recoverable 1,891 14,495 Prepaids and other assets (13,459) 5,514 Accounts payable and accrued liabilities (71,926) (20,987) (250,341) (67,754) Investing activities Investment - (50,000) Financing activities Shares issued for cash, net of share issue cost 722,454 - Shares subscription receivable 14,458 - Repayment of loans and borrowings (12,000) - 724,912 - Decrease in cash 474,571 (117,754) Cash, beginning of period 705,396 233,072 Cash, end of period 1,179,967 115,318 Anonymous Intelligence Company Inc. Notes to Consolidated Financial Statements Three months ended December 31, 2025 and 2024 (In Canadian dollars) 5 1. Nature of operations and going concern (a) Nature of operations Anonymous Intelligence Company Inc. (the “Company” or “ANON”) was incorporated in the Province of British Columbia on April 14, 2015, under the Business Corporations Act of British Columbia. The Company’s registered office is located at 900 – 885 West Georgia Street, Vancouver, BC, V6C 3H1. The Company is a computational intelligence, decentralized network and data technology company, focused on leveraging its proprietary suite of Artificial Intelligence (AI) and privacy enabled products to increase confidence in technology for consumers and businesses. The Company’s primary product and service offerings include Simplii VPN (formerly “Limitless VPN”), Simplii AI (formerly “Turminal.ai”), Haller.ai, ANON SDK, which is intended to support monetization through public data mining, and SimpliiCrypto, an early-stage cryptocurrency initiative. (b) Going concern These consolidated financial statements have been prepared on a going concern basis which assumes that the Company will continue its operations for the foreseeable future and will be able to realize its assets and discharge its liabilities and commitments in the normal course of business. The Company has incurred losses and negative operating cash flows since inception. During the three months ended December 31, 2025, the Company recorded a net loss of $166,847 (2024 – $232,113) and as of December 31, 2025, had an accumulated deficit of $22,747,842 (September 30, 2025 – $22,580,995) and working capital $1,082,239 (September 30, 2025 – $526,632). The continued operations of the Company are dependent on future profitable operations, management’s ability to manage costs and the availability of equity and debt financings. Management is committed to raising additional capital to meet its financial obligations and commitments, fund its growth initiatives, capital expenditures and sustain its operations in the normal course of business. Although the Company has raised funds in the past, there can be no assurance that the Company will be able to secure additional adequate financing. These factors indicate the existence of material uncertainties that may --- cast significant doubt regarding the Company’s ability to continue as a going concern. These consolidated financial statements do not include adjustments to amounts and classifications of assets and liabilities that may be necessary should the Company be unable to continue as a going concern. Such adjustments could be material. 2. Material accounting policies Basis of presentation and consolidation These condensed interim consolidated financial statements (the “Financial Statements”) have been prepared in accordance with International Accounting Standards 34, Interim Financial Reporting (“IAS 34”) using accounting policies consistent with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). Anonymous Intelligence Company Inc. Notes to Consolidated Financial Statements Three months ended December 31, 2025 and 2024 (In Canadian dollars) 6 2. Material accounting policies (continued) Basis of presentation and consolidation (continued) The Financial Statements should be read in conjunction with the Company’s annual financial statements as at and for the year ended September 30, 2025 (the “Annual Financial Statements”). The accounting policies and critical estimates applied by the Company in the Financial Statements are the same as those applied in the Annual Financial Statements. The Financial Statements do not include all the information required for full annual financial statements, however, selected explanatory notes are included to explain events and transactions that are significant to an understanding of the changes in the Company’s financial position and performance since the most recent Annual Financial Statements. The Financial Statements include the accounts of the Company and its wholly-owned subsidiaries, Haller.ai Technologies Inc. (“Haller”) and BHR Capital Corp. (“BHR”). The Financial Statements were approved and authorized for issue by the Board of Directors of the Company on February 26, 2026. 3. Investment On November 1, 2024, the Company entered into an agreement with CannÖgen International Inc. (“CannÖgen”), to provide technology products and services pursuant to which the Company received 444,444 warrants of CannÖgen exercisable at $0.1125 per share. The warrants were initially recognized as a derivative financial instrument at a fair value of $41,650 determined using the Black-Scholes option pricing model. The Company subsequently exercised the warrants and acquired 444,444 common shares of CannÖgen for a cash consideration of $50,000. Immediately prior to exercise, the warrants were remeasured to fair value using the Black-Scholes option pricing model, resulting in a loss on change in fair value of derivatives of $24,916, with the remaining derivative balance of $16,735 was reclassified to the investment. As at September 30, 2025, the investment was recorded at a fair value of $66,735, based on CannÖgen’s most recent financing price of $0.15 per share, and classified as an equity instrument designated at fair value through other comprehensive income (FVOCI). There were no changes to the carrying value of the investment during the three months ended December 31, 2025. The transaction is considered non-armʼs length as Allan Larmour, a director of the Company, also serves as CEO and a director of CannÖgen. Anonymous Intelligence Company Inc. Notes to Consolidated Financial Statements Three months ended December 31, 2025 and 2024 (In Canadian dollars) 7 4. --- Intangible assets The changes in the carrying amount of intangible assets are as follows: Haller Limitless VPN Total $ $ $ Cost Balance, September 30, 2024, September 30, 2025 and December 31, 2025 3,297,692 5,459,090 8,756,782 Accumulated amortization Balance, September 30, 2024 3,091,939 4,450,402 7,542,341 Amortization 11,065 136,103 147,168 Balance, December 31, 2024 3,103,004 4,586,505 7,689,509 Amortization 11,065 136,103 147,168 Impairment 161,505 464,275 625,780 Balance, September 30, 2025 and December 31, 2025 3,297,692 5,459,090 8,756,782 Net book value December 31, 2025 - - - December 31, 2024 194,688 872,585 1,067,273 The Company reviews the carrying values of its intangible assets at each reporting date for indicators of impairment. As at September 30, 2025, the Company performed an impairment assessment of the Limitless VPN and Haller intangible assets using a fair value less cost of disposal (FVLCD) approach based on Level 3 inputs and discounted cash flow analysis. As a result, impairment charges of $464,275 relating to the Limitless VPN and $161,505 relating to Haller were recognized, reducing the carrying values of both assets to $Nil. 5. Convertible debenture On September 17, 2024, the issued a one-year unsecured convertible debenture in the principal amount of $100,000 (the "Debenture") bearing interest at 18% per annum and convertible into units of the Company at $0.06 per unit, with each unit consisting of one common share and one common share purchase warrant. Each warrant was exercisable at $0.07 per share for a period of two years from the date of conversion. The Debenture was accounted for as a compound financial instrument with liability and equity components initially recognized at $93,863 and $6,137, respectively. During the year ended September 30, 2025, the Debenture and accrued interest of $22,155 were fully converted into 1,933,625 common shares of the Company. During the three months ended December 31, 2024, the Company recorded under finance costs accretion of $1,395 and interest expense of $4,500. Anonymous Intelligence Company Inc. Notes to Consolidated Financial Statements Three months ended December 31, 2025 and 2024 (In Canadian dollars) 8 6. Related party transactions Key management compensation for the three months ended December 31, 2025 and 2024, consisted of the following: (a) Compensation of key management personnel 2025 2024 $ $ CEO fees(1) 36,000 21,000 CFO fees 21,000 15,000 Share-based compensation(2) - 6,860 (1) Recorded under research and development. (2) Share-based compensation represents the fair value of options and RSUs granted and vested to directors and officers of the Company. (b) Related party balances The following related party amounts were included in (i) accounts payable and accrued liabilities and (ii) prepaids and other assets as at December 31, 2025 and September 30, 2025: December 31, 2025 September 30, 2025 $ $ Receivables from companies having directors and officers in common - 1,400 Due to a director, former director and officers(i)(1) - 8,762 CEO fee(ii) 12,000 - CFO fee(ii) 7,000 - (1) The amounts to a director, former director and officers relate to accrued management fees and salaries, which are unsecured, non-interest-bearing and without fixed terms of repayment. 7. Share capital (a) Authorized The authorized share capital of the Company is an unlimited number of common shares without par value. (b) Issued and outstanding As at December 31, 2025, the Company’s --- outstanding share capital consisted of 31,776,041 (September 30, 2025 – 28,151,041) issued and fully paid common shares. Anonymous Intelligence Company Inc. Notes to Consolidated Financial Statements Three months ended December 31, 2025 and 2024 (In Canadian dollars) 9 7. Share capital (continued) (b) Issued and outstanding (continued) The following shares were issued during the three months ended December 31, 2025: (i) On November 24, 2025, the Company completed a non-brokered private placement under the Listed Issuer Financing Exemption and issued 3,625,000 units at a price of $0.20 per unit for total gross proceeds of $725,000. Each unit consisted of one common share and one common share purchase warrant, with each warrant exercisable at an exercise price of $0.25 per share for a period of 24 months from closing. The Company incurred share issue costs of $2,546. The following shares were issued during the three months ended December 31, 2024: (ii) An aggregate of 11,250 common shares were issued upon settlement of RSUs and the related fair value of $1,688 was reclassified from reserves to share capital. 8. Share purchase warrants Each whole warrant entitles the holder to purchase one common share of the Company. Warrants Weighted average exercise price # $ Balance, September 30, 2024 8,985,894 0.51 Issued 5,450,017 0.25 Exercised (1) (2,500,000) 0.07 Balance, September 30, 2025 11,935,911 0.48 Issued 3,625,000 0.25 Balance, December 31, 2025 15,560,911 0.19 (1) During the year ended September 30, 2025, the weighted average price of the shares on the dates of exercises of the warrants was $0.22. The following table summarizes the warrants outstanding as at December 31, 2025: Exercise Price Expiry date Warrants $ # 0.60 April 24, 2028 1,131,560 0.70 January 31, 2026 1,354,334 2.50 July 11, 2028 1,000,000 0.10 April 22, 2026 1,000,000 0.07 September 17, 2026 2,000,000 0.25 August 13, 2027 5,450,017 0.25 November 24, 2027 3,625,000 15,560,911 As at December 31, 2025, the weighted average contractual life of the warrants was 1.46 years (2024 – 1.98 years). Anonymous Intelligence Company Inc. Notes to Consolidated Financial Statements Three months ended December 31, 2025 and 2024 (In Canadian dollars) 10 9. Stock options The Company has an Omnibus Equity Incentive Plan (the “Plan”) which provides that the Board of Directors of the Company may from time to time, at its discretion, and in accordance with the Canadian Securities Exchange (the “Exchange”) requirements, grant to directors, officers, employees and consultants of the Company, equity- based incentive awards in the form of stock options (“Options”), restricted share units (“RSUs”), performance share units (“PSUs”) and deferred share units (“DSUs”). The Plan is a rolling plan which provides that the aggregate maximum number of common shares that may be issued upon the exercise or settlement of awards granted under the Plan shall not exceed 10% of the Company’s issued and outstanding common shares from time to time. A summary of the status of the options outstanding is as follows: Stock options Weighted average exercise price # $ Balance, September 30, 2024 595,000 0.06 Granted 636,615 0.17 Exercised (5,000) 0.06 Forfeited(1) (100,000) 0.06 Balance, September 30, 2025 and December 31, 2025 1,126,615 0.12 (1) During the year ended September 30, 2025, the aggregate fair value of $17,337 was transferred from reserves to deficit related to 100,000 forfeited options. The following table --- summarizes the options outstanding and exercisable as at December 31, 2025: Exercise Price Expiry date Options $ # 0.06 June 11, 2029 490,000 0.17 April 7, 2030 579,000 0.19 July 16, 2030 57,615 1,126,615 As at December 31, 2025, the weighted average contractual life of the stock options was 3.93 years (2024 – 4.45 years). 10. Restricted share units (“RSUs”) Under the terms of the Plan, RSUs may be awarded to directors, officers, employees and consultants of the Company which will be released as common shares at the end of each vesting period. Each RSU gives the participant the right to receive one common share of the Company. A summary of the status of the RSUs outstanding is as follows: Anonymous Intelligence Company Inc. Notes to Consolidated Financial Statements Three months ended December 31, 2025 and 2024 (In Canadian dollars) 11 10. Restricted share units (“RSUs”) (continued) RSUs Weighted average issue price # $ Balance, September 30, 2024 460,000 0.12 Granted 913,180 0.17 Released (1,135,681) 0.16 Forfeited(1) (36,875) 0.11 Balance, September 30, 2025 and December 31, 2025 200,624 0.12 (1) During the year ended September 30, 2025, the fair value of forfeited RSUs of $7,194 was transferred from reserves to deficit. The following table summarizes the RSUs outstanding as at December 31, 2025: Issue Price Expiry date RSUs outstanding(1) $ # 0.15 November 21, 2025 7,500 0.12 June 11, 2026 193,124 200,624 (1) Subsequent to December 31, 2025, an aggregate of 123,375 common shares were issued upon the settlement of RSUs. As at December 31, 2025, the weighted average remaining contractual life of RSUs was 0.42 years (2024 – 1.42 years). During the three months ended December 31, 2025, the Company recorded share-based compensation of $Nil (2024 – $8,678) for RSUs vested during the period. 11. Fair value of financial instruments At December 31, 2025, the Company’s financial instruments consist of cash, other assets and accounts payable and accrued liabilities. The carrying amounts of these financial instruments approximate fair value due to their immediate or short-term maturity. 12. Financial instruments risk The Company is exposed to a variety of financial instrument related risks. The Board mitigates these risks by assessing, monitoring and approving the Company’s risk management processes. The Company employs risk management strategies and policies to ensure that any exposures to risk are in compliance with the Company’s business objectives and risk tolerance levels. Anonymous Intelligence Company Inc. Notes to Consolidated Financial Statements Three months ended December 31, 2025 and 2024 (In Canadian dollars) 12 12. Financial instruments risk (continued) Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they become due. The Company manages liquidity risk by maintaining sufficient cash resources and actively monitoring forecasted and actual cash flows to ensure obligations can be settled when due. As at December 31, 2025, the Company had working capital of $1,082,239 (September 30, 2025 – $526,632). The Company continues to undertake financing initiatives to support ongoing operating requirements, planned capital expenditures and the development of its technology platforms. There can be no assurance that additional financing will be available on acceptable terms or at all. Accounts payable and accrued liabilities are generally due within 90 days and loans and borrowings mature within a --- year. 13. Subsequent event Subsequent to December 31, 2025, the Company granted an aggregate of 620,000 Options to directors, officers and consultants, exercisable at $0.19 per share for a period of five years from the date of grant. In addition, the Company granted 800,000 RSUs to directors, officers and consultants.