Polymath Research Inc. agreed to acquire AnalytixInsight Inc. (TSXV:ALY) in a reverse merger transaction on March 3, 2025. Polymath shareholders will receive Resulting Issuer Shares on the basis of 4.292 Resulting Issuer Shares for every one Polymath Share. In connection with the transaction, AnalytixInsight is proposing to consolidate its common shares on the basis of twenty-five issued pre-Consolidation common shares into one new post-Consolidation common share. As of May 13, 2025, AnalytixInsight Inc. and Polymath Research Inc. signed amended amalgamation agreement, pursuant to which AnalytixInsight is proposing to consolidate (the "Consolidation") its common shares (each, a "Common Share") on the basis of 25 pre-Consolidation Common Shares into one (1) new post-Consolidation Common Share (the Original Amalgamation Agreement previously contemplated a Consolidation ratio of 25:1). The Amended Amalgamation Agreement also increases the exchange ratio (the "Exchange Ratio") from 1:4.292 to 1:6.25427 such that each one (1) security of Polymath will be exchanged for 6.25427 securities of AnalytixInsight. The adjusted Consolidation ratio and Exchange Ratio reflect an increase in the value of Polymath following the completion of the Polymesh Labs Acquisition. Upon completion of the Transaction, it is expected that the shareholders of AnalytixInsight will hold approximately 6.5%, the shareholders of Polymath will hold approximately 71.4%, participants in the Debt Settlement will hold approximately 0.4% and participants in the Concurrent Financing will hold approximately 21.6% of the total outstanding Resulting Issuer Shares. Following completion of the Transaction, Resulting Issuer will continue to carry on the business of both Polymath and AnalytixInsight. The Resulting Issuer will change its name to "Polymath Network Inc." or a similar name, and the Resulting Issuer Shares will be listed for trading on the TSXV. It is anticipated that following the completion of the Transaction, the following will be the directors and executive officers of the Resulting Issuer: Vincent Kadar - Chief Executive Officer and Director; David Hackett - Director; Deven Soni - Director; and Natalie Hirsch - Chief Financial Officer and Corporate Secretary. As of June 27, 2025 The annual general and special meeting has been rescheduled and will now take place on September 29, 2025.

Closing of the transaction is conditional on, among other things, the TSX Venture Exchange approving the listing of the common shares of the Resulting Issuer, completion of a private placement, AnalytixInsight shareholder and board approval, Polymath shareholder and board approval, AnalytixInsight share consolidation, regulatory and third-party approvals shall have been obtained, dissent rights shall not have been exercised with respect to the Amalgamation by Polymath Shareholders which in the aggregate represent 5% or more of issued and outstanding Polymath Shares, the applicable Exchange escrow agreements shall be duly executed and other customary conditions. AnalytixInsight created a special committee of the board to consider the Transaction.

Dominique Mannella of BCF LLP acted as legal advisor to AnalytixInsight. Julie Bogle, Kendall Andersen and Julie Mansi of Borden Ladner Gervais LLP acted as legal advisors to Polymath. TSX Trust Company is the transfer agent of AnalytixInsight.