AML’s Balance Sheet as of November 30, 2023 (Acquisition Date):

SCHEDULE OF PURCHASE PRICE ALLOCATION

Description	Book Value, $
Assets:
Cash and cash equivalents ⁽¹⁾		3,215,638
Prepaid		5,277
Financial Assets through profit and less ⁽²⁾		1,070,795
Related party guarantee ⁽³⁾		1,340,432
Accrued income		1,545,557
Tax receivable ⁽⁴⁾		175,538
Capitalized software, net		295,391
Fixed assets ⁽⁵⁾		2,391
Total assets:	$	7,651,019
Liabilities:
Accounts Payable ⁽⁶⁾		173,060
Financial liability at fair value through profit and loss ⁽⁷⁾		515,906
Current liabilities - Creditors ⁽¹¹⁾
Related party advances

Client funds⁽⁸⁾		2,773,824
Deferred tax liabilities⁽⁹⁾		348,570
Total liabilities	$	3,811,360
Net assets, (A)		3,839,660
Accumulated other comprehensive income (loss), (B)		53,605
Purchase Price, 833,621 Series B Preferred Stock valued at $1.41, (C)		1,175,406
Increase in APIC (A) – (B) – (C)	$	2,610,648

APL Purchase Price Allocation

APL’s Balance Sheet as of November 30, 2023 (Acquisition Date):

Description	Book Value, $
Assets:
Cash and cash equivalents, including cash at liquidity provider ⁽¹⁾		28,562,337
Fixed assets ⁽²⁾		157,520
Prepaid		405,702
Total assets:	$	29,125,559
Liabilities:
Deferred Tax⁽⁹⁾		430,142
Current liabilities - Creditors ⁽¹⁰⁾		874,636
Client funds ⁽⁸⁾		26,239,126
Related party advances		2,500,619
Total liabilities	$	30,044,523
Net assets (A)		(918,964	)
Accumulated other comprehensive income (loss), (B)		(5,539	)
Purchase Price, 966,379 Series B Preferred Stock valued at $1.41, (C)		1,362,594
Increase in APIC (A) – (B) – (C)	$	(2,276,019	)

⁽¹⁾	We recognize cash and cash equivalents held by AML and APL, and deposits in bank accounts and liquidity providers that can be accessed on demand or within 90 days.

⁽²⁾

Financial assets at fair values for AML through profit and loss are derivative contracts in favor of AML. They are included in our other current assets in the consolidated balance sheet as of November 30, 2023. We determine financial assets at fair values by reference to market prices or rates quoted at the end of the reporting period. Observable market prices or rates support the valuation techniques since their variables include only data from observable markets. We categorize AML’s derivative financial instruments as level 2.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

⁽³⁾	Guarantee provided by Alchemy BVI as a parent to AML for any shortfall in the net capital.

⁽⁴⁾	Estimated overpaid tax to the Commissioner of Tax Revenue, Malta.

⁽⁵⁾	All property and equipment are initially recorded at historical cost and included in our fixed assets, net in the consolidated balance sheet as of November 30, 2023. Historical cost includes expenditures directly attributable to the Acquisition of the items. We calculate depreciation using the straight-line method to allocate their cost or revalued amounts to their residual values over their estimated useful lives.

⁽⁶⁾	Trade and other payables comprise obligations to pay for goods or services acquired from suppliers in the ordinary course of business. Accounts payable are classified as current liabilities if payment is due within one year or less (or in the normal operating cycle of the business if longer). If not, they are presented as non-current liabilities.

⁽⁷⁾	Financial liabilities at fair values for AML through profit and loss are derivative contracts against AML. They are included in our other current assets in the consolidated balance sheet as of November 30, 2023. We determine financial liabilities at fair values by reference to market prices or rates quoted at the end of the reporting period. Observable market prices or rates support the valuation techniques since their variables include only data from observable markets. We categorize AML’s derivative financial instruments as level 2.

⁽⁸⁾	Customer net trading deposits are funds placed with the Company by clients intended to trade FX, securities, or other investment activities.

⁽⁹⁾	We recognize deferred tax using the liability method on temporary differences between the tax bases of assets and liabilities and their carrying amounts in the financial statements. We include deferred tax liabilities in our consolidated balance sheet as of November 30, 2023. However, deferred tax liabilities are not recognized if they arise from the initial recognition of goodwill; deferred tax is not accounted for if it stems from the initial recognition of an asset or liability in a transaction other than a business combination that at the time of the transaction affects neither accounting nor taxable profit or loss. Deferred tax is determined using tax rates (and Malta laws) that have been enacted or substantially enacted by the end of the reporting period and are expected to apply when the related deferred tax asset is realized, or the deferred tax liability is settled.

⁽¹⁰⁾	Short-term borrowings are primarily composed of lines of credit and short-term loans from financial institutions.

SCHEDULE OF AIL’s BALANCE SHEETS

AIL’s Balance Sheet as of October 31, 2025 (proxied Acquisition Date):

SCHEDULE OF AIL’s BALANCE SHEETS

Description	Book Value, $
Assets:
Plant and Machinery, net (1)		1,005
Liquidity Provider Accounts, net (2)		10,815,560
C/A – Alchemy Capital Markets Ltd (3)		24,994,050
C/A – Alchemy Markets EU (4)		552,490
Net Intercompany Receivables (5)		1,589,085
Rebates Receivable		46,970
Payment Gateways (6)		599,510
Other Debtors, Prepayments, and Deposits		30,096
Cash at Banks		5,954,369
C/A – FXIFY		5,985
Total assets:	$	44,589,120
Liabilities:
Trade Creditors		91,268
Client Money Liabilities – Retail (7)		618,443
Client Money Liabilities – TTCA (7)		12,432,686
C/A – Shareholders		50,000
C/A – Intercompany (payable)		240,645
C/A – Alchemy DMCC (8)		19,933,099
Other Payables, Rebates, Accruals, and Sundry		278,917
Total liabilities	$	33,645,058
Net assets (A)		10,944,062
Non-Controlling Interest, 0.1% of Net Assets (B)		10,944
Consideration paid, $2,000,000 cash (C)		2,000,000
APIC – Capital Contribution (A) – (B) – (C)	$	8,933,118

⁽¹⁾	Plant and machinery are recorded at historical cost, net of accumulated depreciation, as carried on AIL’s books at the Acquisition Date. No fair value adjustment has been applied.

⁽²⁾	Liquidity provider accounts represent net balances held with third-party liquidity providers in connection with AIL’s FX and CFD trading operations.

⁽³⁾	Current account receivable from Alchemy Capital Markets Ltd (ACM), a related-party affiliate, reflecting intercompany trading and operational balances at book value.

⁽⁴⁾	Current account receivable from Alchemy Markets EU, a related-party affiliate, reflecting intercompany trading and operational balances at book value.

⁽⁵⁾	Net intercompany receivables represent amounts due from other entities within the consolidated group, recorded at carrying value and eliminated upon consolidation.

⁽⁶⁾	Balances held with payment gateway providers represent client deposits and settlement amounts in transit.

⁽⁷⁾	Client money liabilities represent net trading deposits placed with AIL by clients for FX, CFD, and other investment activities. Retail client funds and professional/TTCA client funds are presented separately in accordance with applicable regulatory requirements.

⁽⁸⁾	Current account payable to Alchemy DMCC, a related-party affiliate. This balance is included in the Company’s consolidated related-party disclosures. At December 31, 2025, this balance had increased to $25,512,642.