mCloud Technologies Corp. announced a three-year agreement with Colliers Macaulay Nicolls Inc., an appointed agent of Slate Asset Management ("Slate"), to deploy mCloud's AssetCare solution for HVAC and indoor air quality ("IAQ") at Life Plaza, one of Slate's premier office towers in downtown Calgary. The initial subscription term for this agreement becomes effective at the completion of AssetCare installation and is set to renew in November 2025. This AssetCare solution represents mCloud's large IAQ deployment to date, providing clean air and energy efficiency improvements to an 18-floor office tower spanning 235,000 square feet across 35 cloud-connected zones. Through AssetCare, building tenants will benefit from safer indoor air throughout the entire building. A combination of IoT-enabled 24/7 air quality monitoring and AI-driven connected air purification will drive indoor air quality capable of outperforming standard HEPA filtration by continuously eliminating up to 95% of harmful particulates and contaminants smaller than one micron in size. Mobile-scannable QR badges present throughout the building will allow building occupants to get live readings of the indoor air quality in their surroundings at any time. In addition to improving indoor air quality, the AssetCare HVAC and IAQ solution employs AI to drive HVAC energy improvements of up to 25%, cost savings from optimized maintenance, and positive ESG outcomes from the elimination of building energy waste.