Nextech3D.ai and Arway Provide Business Combination Update

TORONTO, ON / ACCESS Newswire / November 7, 2025 / Nextech3D.AI (the "Company" or "Nextech") (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2) and Arway Corporation ("Arway") (OTCQB:ARWYF) (CSE:ARWY) are pleased to provide an update today at the request of staff of the Ontario Securities Commission in connection with a continuous disclosure review, with regard to the previously announced transaction pursuant to which Nextech proposes to acquire all of the common shares of Arway which it does not already own (the "Transaction"). The Transaction will allow Nextech to further consolidate its technology stack with Arway and Map Dynamics ("Map D"), creating a more unified company while streamlining operations.

Map D, Nextech's event management platform, supports hundreds of events annually with features such as interactive floor plans, exhibitor management, ticketing, badge printing, mobile apps, and soon, blockchain ticketing. By bringing Arway back under the Nextech umbrella, the Company will eliminate duplicative overhead, streamline development resources, and centralize operations under a single event technology suite.

As previously announced, the consolidation is expected to:

• Reduce costs by integrating teams and technologies, cutting redundant expenses, and creating a leaner operational structure.

• Accelerate product development by unifying AI, AR, and navigation tools directly within the Map D Event Suite.

• Enhance revenue growth by offering organizers, exhibitors, and attendees a seamless end-to-end solution-resulting in higher adoption rates, stronger customer retention, and expanded recurring SaaS revenues.

Transaction Update

Nextech and Arway are in the process of negotiating a definitive agreement governing the terms and conditions of the Transaction. The Transaction is expected to proceed by way of a three-cornered amalgamation, whereby Arway will amalgamate with a wholly-owned subsidiary of Nextech and shareholders of Arway will receive common shares of Nextech in exchange for each Arway share held. Final terms, including the exchange ratio and deemed price, are currently under review and will be disclosed in due course.