Ou Class A O di a y Sha es will begi t adi g o a eve se sha e split-adjusted basis at the ope i g of The Nasdaq Capital Ma ket (“Nasdaq”) o Ju e 29, 2026. Followi g the eve se sha e split, the Class A O di a y Sha es will have a ew pa value of $0.0012 pe sha e a d will co ti ue to t ade o Nasdaq u de the symbol “PAVS” with the ew CUSIP umbe , G4289N155. The eve se sha e split is expected to lead the Compa y’s Class A O di a y Sha es to t ade at app oximately 100 times the p ice pe sha e at which it t ades p io to the effective ess of the eve se sha e split. The Compa y, howeve , ca ot assu e that the p ice of its Class A O di a y Sha es afte the eve se split will eflect the 1-fo -100 eve se split atio, that the p ice pe sha e followi g the effective time of the eve se split will be mai tai ed fo a y pe iod of time, o that the p ice will emai above the p e-split t adi g p ice.
No f actio al sha es will be issued i co ectio with the eve se sha e split a d all such f actio al i te ests will be ou ded up to the ea est whole umbe of Class A O di a y Sha es.
The eve se sha e split will educe the umbe of issued a d outsta di g sha es of the Compa y’s Class A O di a y Sha es f om 85,685,063 to app oximately856,851, subject to a y adjustme ts esulti g f om the t eatme t of the f actio al sha es.
O May 14, 2026, the boa d of di ecto s of the Compa y app oved the eve se sha e split of the Class A O di a y Sha es, at a atio of 1-fo -100.
VStock T a sfe LLC is acti g as the excha ge age t a d payi g age t fo the eve se sha e split. Sha eholde s holdi g thei sha es i book-e t y fo m o i b oke age accou ts eed ot take a y actio i co ectio with the eve se sha e split.
VStock T a sfe LLC will p ovide i st uctio s to a y sha eholde s with ce tificates ega di g the p ocess i co ectio with the excha ge of p e- eve se sha e split sha e ce tificates fo ow e ship i book-e t y fo m o sha e ce tificates o a post- eve se sha e split basis. Sha eholde s a e e cou aged to co tact thei ba k, b oke o custodia with a y p ocedu al questio s.
Pa a ovus E te tai me t Tech ology Ltd. (Nasdaq: PAVS) is a co sume p oducts a d digital comme ce solutio s compa y. I Ma ch 2025, the Compa y completed the acquisitio of the co t olli g equity i te ests of Bomie Wookoo I c., a New Yo k compa y that offe s e-comme ce solutio s. As pa t of its st ategic t a sfo matio , Pa a ovus has
exited its legacy busi esses, i cludi g the e-comme ce, i te et i fo matio , a d adve tisi g busi esses i Septembe 2023 a d ceased its automobile sales busi ess i July 2024.
Fo mo e i fo matio o ou latest i ovatio s a d developme ts, visit https://www.pavs.ai/.
This p ess elease co tai s fo wa d-looki g stateme ts as defi ed by the P ivate Secu ities Litigatio Refo m Act of 1995. Fo wa d-looki g stateme ts i clude stateme ts co ce i g pla s, objectives, goals, st ategies, futu e eve ts o pe fo ma ce, a d u de lyi g assumptio s a d othe stateme ts that a e othe tha stateme ts of histo ical facts. Whe the Compa y uses wo ds such as “may, “will, “i te d,” “should,” “believe,” “expect,” “a ticipate,” “p oject,” “estimate” o simila exp essio s that do ot elate solely to histo ical matte s, it is maki g fo wa d-looki g stateme ts. Fo wa d-looki g stateme ts a e ot gua a tees of futu e pe fo ma ce a d i volve isks a d u ce tai ties that may cause the actual esults to diffe mate ially f om the Compa y’s expectatio s discussed i the fo wa d-looki g stateme ts. These stateme ts a e subject to u ce tai ties a d isks i cludi g, but ot limited to, the followi g: the Compa y’s goals a d st ategies; the Compa y’s futu e busi ess developme t; the Compa y’s futu e acquisitio oppo tu ities; the Compa y’s ability to ide tify a y acquisitio oppo tu ities that fit with ou busi ess st ategies; the Compa y’s ability to co summate a att active acquisitio a d ealize the be efits of such t a sactio ; p oduct a d se vice dema d a d accepta ce; cha ges i tech ology; eco omic co ditio s; eputatio a d b a d; the impact of competitio a d p ici g; gove me t egulatio s; fluctuatio s i ge e al eco omic, a d assumptio s u de lyi g o elated to a y of the fo egoi g a d othe isks co tai ed i epo ts filed by the Compa y with the U.S. Secu ities a d Excha ge Commissio . Fo these easo s, amo g othe s, i vesto s a e cautio ed ot to place u due elia ce upo a y fo wa d-looki g stateme ts i this p ess elease. Additio al facto s a e discussed i the Compa y’s fili gs with the U.S. Secu ities a d Excha ge Commissio , which a e available fo eview at www.sec.gov. The Compa y u de takes o obligatio to publicly evise these fo wa d-looki g stateme ts to eflect eve ts o ci cumsta ces that a ise afte the date he eof.
Michael Che 929.215.4832
