A
summary of the Company’s subsidiaries included in these condensed interim financial statements as at June 30, 2026 is as follows:
Schedule
of activities of subsidiaries
| Name
of subsidiaries |
Country
of incorporation |
Percentage
ownership |
Functional
currency |
Principal
activity |
| Innovation Nutaq
Inc. |
Canada |
100% |
CAD |
Wireless solutions |
| NuRAN Wireless
(Africa) Holding |
Mauritius |
100% |
USD |
Holding company |
| NuRAN Wireless
DRC SA |
DRC |
100% |
USD |
Wireless solutions |
| NuRAN Wireless
Cameroon Ltd |
Cameroon |
100% |
XAF |
Wireless solutions |
| NuRAN Wireless
Benin S.A.R.L.U |
Benin |
100% |
XOF |
Wireless solutions |
| NuRAN Wireless
Madagascar S.A.R.L.U |
Madagascar |
100% |
MGA |
Wireless solutions |
| NuRAN Wireless
Cote d’Ivoire S.A.R.L.U |
Ivory Coast |
100% |
XOF |
Wireless solutions |
| Advance Factoring
Inc. (2025) |
Canada |
100% |
CAD |
Factoring |
XAF –
Central African Franc; XOF – West African Franc; MGA –
Malagasy Ariary
|