Pardus Ventures Inc. Enters into Definitive Share Exchange Agreement with EGL Technology Holdings Co. Ltd

Vancouver, British Columbia--(Newsfile Corp. - November 6, 2025) - Pardus Ventures Inc. (TSXV: PDVN.P) (the "Company") is pleased to announce that, further to its news releases dated June 6, 2025, April 4, 2025, and March 6, 2025, it has entered into a definitive share exchange agreement (the "Agreement"), dated November 5, 2025, with EGL Technology Holdings Co. Ltd. ("EGL Holdings"), a private arm's length company incorporated under the laws of the British Virgin Islands, and all of the shareholders of EGL Holdings (the "EGL Shareholders"). EGL Holdings, through its subsidiary Easy Access Intelligence Company Ltd. ("Easy Access"), is a leading smart locker solutions provider and operator based in Vietnam. Pursuant to the Agreement, the Company will acquire all the issued and outstanding common shares of EGL Holdings (the "Transaction").

The Transaction remains subject to the approval of the TSX Venture Exchange (the "TSXV") and will constitute a Qualifying Transaction of the Company as defined in TSXV Policy 2.4 - Capital Pool Companies. The combined company that will result from the completion of the Transaction (thereafter referred to as the "Resulting Issuer") will be renamed to a name as agreed to by the Company and EGL Holdings (the "Name Change"). Subject to TSXV approval, the common shares of the Resulting Issuer will trade on the TSXV under a new trading symbol to be determined by the parties and the Resulting Issuer will seek to be listed as a Tier 2 industrial issuer.

The Transaction is an Arm's Length Transaction (as such term is defined in TSXV Policy 1.1 - Interpretation) and, in connection with the announcement of the Transaction, trading in the common shares of the Company (the "Pardus Shares") has been halted and is expected to remain halted until the closing (the "Closing") of the Transaction. In connection with the Transaction, the Company intends to complete a non-brokered private placement to raise gross proceeds of up to $2,000,000 (the "Concurrent Financing").

About EGL Holdings

Through its subsidiary Easy Access, EGL Holdings is a leading smart locker solutions provider and operator based in Vietnam, which owns multiple advanced AI technologies and related intellectual property rights in the areas of smart distribution, smart lockers, and new retailing, and which aims to provide comprehensive last-mile delivery solutions to the booming e-commerce market in Vietnam.