Trilogy Announces Record Date for Share Consolidation

Vancouver, British Columbia–(Newsfile Corp. – December 3, 2024) – Trilogy AI Corp. (CSE: TRAI) (OTCQB: TRAIF) (FSE: Y920) (the “Company” or “Trilogy“) announces that, further to its news release of November 27, 2024, effective at the opening of trading on December 6, 2024 (the “Effective Date“) the common shares of the Company (the “Shares“) will commence trading on the Canadian Securities Exchange on a consolidated basis, with one (1) post-consolidated Share outstanding for every four (4) pre-consolidated Shares (the “Consolidation“).

As a result of the Consolidation, on the Effective Date, a total of approximately 14,132,204 Shares will be issued and outstanding, subject to adjustments for rounding. No fractional Shares will be issued, and any post-consolidated fraction of a Share will be rounded to the nearest whole number of Shares. The name of the Company has not been changed, and the trading symbol remains as “TRAI”. A new CUSIP number has been issued for the post-consolidated Shares, being 895979201.

The transfer agent for the Company, Odyssey Trust Company, has confirmed that all shareholders of record as of the Effective Date hold Shares represented by a DRS statement, and, as such, the Consolidation is being conducted on a “push-out” basis.

About Trilogy AI Corp.

Trilogy AI Corp. is a company committed to transforming the beauty industry through its AI beauty technology “Scarlett”.

On Behalf of the Board of Directors,

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note on Forward-Looking Information

This release contains statements and information that, to the extent that they are not historical fact, may constitute “forward-looking information” within the meaning of applicable securities legislation based on current expectations, estimates, forecasts, projections, beliefs and assumptions made by management of the Company. Forward-looking information is generally identified by words such as “believe”, “project”, “aim”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “opportunity”, “plan”, “may”, “should”, “will”, “would”, and similar expressions and, in this news release, includes statements relating to the terms and completion of the consolidation, the financial and business prospects of the Company, its assets and other matters. Although the Company believes that the expectations and assumptions on which such forward-looking information are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that it will prove to be correct. Since forward-looking information addresses future events and conditions, by its very nature it involves inherent risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking information in this news release. The forward-looking information included in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release is made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable laws.

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