DN00118-2025

NOTICE

Subject IS - Compliance with Structured Reportorial Requirements and Lifting of Trading Suspension
Background

This is with reference to Disclosure Notice No. DN00043-2021 dated March 18, 2021 regarding the imposition of the suspension on the trading of Island Information & Technology, Inc.’s (“IS” or the “Company”) shares due to its failure to submit its compliant Annual Report (SEC Form 17-A) for the fiscal year ended October 31, 2020.

As further announced in several Disclosure Notices, a continued trading suspension was imposed due to its ongoing non-compliance with the following structured reports:

1. Annual Reports for the years 2020 to 2023; and
2. Quarterly Reports (SEC Form 17-Q) for the periods ended January 31, 2021 to July 31, 2023 and April 30, 2025.

In connection with the above, please be advised that the Company has complied with the reportorial requirements of the Exchange.

Given the Company’s compliance with the above-mentioned structured reportorial requirements of the Exchange, the trading of IS shares will resume on July 7, 2025 at 9:00 a.m.

Further, considering that the trading of the Company’s shares was suspended since March 18, 2021, the static threshold (trading band) on the price of IS shares will be lifted upon the resumption of trading of the Company’s shares on July 7, 2025, in accordance with Article VII, Section 6 of the Revised Trading Rules of the Exchange.

For your information and guidance.

Name of Listed Company Island Information & Technology, Inc.
Stock Symbol(s) of
Affected Securities
IS
Trading Suspension Details
Execution Date Mar 18, 2021
Execution Time 9:00 a.m.
Lifting Date Jul 7, 2025
Lifting Time 9:00 a.m.
Other Relevant Information

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Reference(s)

A. Disclosure Notice Nos:
1. DN00043-2021 dated March 18, 2021;
2. DN00048-2021 dated March 25, 2021;
3. DN00082-2021 dated June 23, 2021;
4. DN00028-2022 dated February 24, 2022;
5. DN00044-2022 dated March 24, 2022;
6. DN00071-2022 dated June 21, 2022;
7. DN00035-2023 dated March 27, 2023;
8. DN00089-2023 dated June 23, 2023;
9. DN00127-2023 dated September 20, 2023;
10. DN00023-2024 dated February 29, 2024; and
11. DN00102-2025 dated June 25, 2025.

B. Company Report Nos:
1. CR06562-2023 dated October 3, 2023;
2. CR06672-2023 dated October 6, 2023;
3. CR06674-2023 dated October 6, 2023;
4. CR06708-2023 dated October 9, 2023;
5. CR07953-2023 dated November 28, 2023;
6. CR01180-2024 dated February 19, 2024;
7. CR01184-2024 dated February 20, 2024;
8. CR01185-2024 dated February 20, 2024;
9. CR01189-2024 dated February 21, 2024; and
10. CR04434-2025 dated June 19, 2025.

Filed on behalf by:
Name Johanne Daniel Negre
Designation Disclosure Department