Xtglobal Infotech Limited — Important, 07-01-2025: Disclosure of material issue

XTGlobal Infotech Limited has completed the acquisition of a 7% stake in Network Objects Inc., increasing its total shareholding from 44.33% to 51.33%. Network Objects, a U.S.-based company in the IT and IT-enabled services sector, is expected to enhance XTGlobal's global presence. The total acquisition cost is $700,000, to be paid in tranches over a period of 18 months. This move is anticipated to contribute approximately USD 20 million to the company's consolidated financials and increase its share of profit from Network Objects by 7%. The acquisition aligns with XTGlobal’s main business, reinforcing its strategic direction. Shareholders should watch closely for potential growth opportunities as the company integrates this subsidiary.