BRIEF

on Alset AI Ventures Inc. (isin : CA02115L2003)

Alset AI Ventures Inc. Appoints New CFO

Alset AI Ventures Inc., a Vancouver-based company, has announced the appointment of Jonathan Yan as the new Chief Financial Officer, effective November 1, 2024. Yan brings a decade of experience in auditing and accounting, having previously served in similar roles in various Canadian companies. His appointment is seen as a strategic move to bolster the financial oversight of Alset AI as it continues to expand in the AI and technology sectors.

CEO Adam Ingrao expressed enthusiasm about welcoming Yan to the team. Yan stated his excitement to build upon Alset's financial foundation and to work toward optimizing governance practices. In conjunction with this appointment, Alset AI has issued new stock options and restricted stock units under its incentive plan, subject to approval by the TSX Venture Exchange.

R. H.

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