Letter to Shareholders

Starfleet Innotech : Letter to Shareholders

Dear Shareholders,

This letter serves as a follow-up to the proposed plan outlined in our previous shareholder update. We understand that it has taken some time to provide this update, and we sincerely appreciate your patience. The delay was necessary as we worked through critical negotiations and structural adjustments to ensure the successful execution of our new plan. Our leadership team has been fully committed to securing the best possible outcomes for the company and our shareholders, and we are excited to share the latest developments with you.

BNCM Buyback and Strategic Restructure

The planned buyback of SFIO shares owned by BNCM and Mr. Hatadi Supaat has faced delays due to funding challenges. However, we are pleased to announce that SFIO and BNCM executives have reached a mutually beneficial arrangement to achieve the same objectives. Instead of full buyback, 50% of BNCM’s common shares in SFIO (104M shares) will be converted into Series B Preferred Shares, providing stability and strategic advantages for both parties.

Additionally, SFIO will also assist BNCM and Mr. Supaat to sell their remaining 104M common shares and personal holdings privately. This approach will maximize shareholder value by ensuring a structured transition while maintaining long-term alignment between SFIO and BNCM. Both leadership teams are committed to working closely together to achieve the best outcomes for all stakeholders, reinforcing our shared vision for growth and success.

Moraya Real Estate Development

Following our previous update, our efforts to secure alternative funding for the Heroes Lane subdivision project in Isabela are progressing as planned. We anticipate receiving a term sheet from a local investor group in the Philippines soon. While we await finalization, construction remains ongoing, ensuring that momentum is not lost. This bridge funding solution will sustain development until revenues from property sales and anticipated investment tranches materialize within the first quarter of this year.

ASC Prime Capital Holdings Ltd – UK-Based Investor

Our investment agreement with ASC Prime Capital Holdings Ltd, represented by Ms. Annabelle Cueva, has been restructured to address compliance requirements. This investment will focus on funding real estate projects under Moraya, reinforcing our long-term commitment to expanding Starfleet’s real estate portfolio and enhancing shareholder value. We will provide further details as we finalize the agreement.

Other Exciting Initiatives

All the strategic initiatives outlined in our previous letter—ranging from Epiphany Café’s expansion to our uplisting preparations and private placement discussions—are progressing according to plan. We remain committed to executing these initiatives and will provide a comprehensive update in our next press release.

Looking Ahead

As we progress with the first quarter, we are optimistic about the recovery and resurgence of our company. While 2024 tested our resilience, it also provided an opportunity to refine our plans and strengthen our foundations. Our streamlined and recalibrated strategy prioritizes projects and investments that will deliver sustainable growth and long-term value.

We deeply appreciate your understanding and continued confidence in our vision. Rest assured, we are committed to executing our revised plan and delivering results in 2025 and beyond.

Thank you for your unwavering support. Together, we will navigate these challenges and emerge stronger than ever.

Sincerely,

Jeths Lacson

CEO, Starfleet Innotech

About Starfleet Innotech, Inc.

Starfleet Innotech, Inc. (OTC: SFIO) is a global investment holding company focused on innovation through disruptive collaborations across its four key industries: Food and Beverage (F&B), Real Estate, Technology and Energy. With a strong presence across New Zealand, Australia, Malaysia, the United Arab Emirates, the United States, and the Philippines, SFIO makes strategic investments in high-growth businesses, building synergies across its diverse portfolio to provide maximum shareholder value. Guided by tradition, driven by innovation, and enabled by collaboration. SFIO is on a hyper-growth path to build a thriving global business ecosystem, shaping the futures of its core industries.

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FORWARD-LOOKING STATEMENTS

The statements contained herein may contain certain forward-looking statements relating to Starfleet Innotech, Inc. "Starfleet" that are based on the beliefs of Starfleet as well as assumptions made by and information currently available to Starfleet's management. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. These forward-looking statements include, without limitation, statements relating to Starfleet's business prospects, future developments, trends and conditions in the industry and geographical markets in which Starfleet operates, its strategies, plans, objectives and goals, its ability to control costs, statements relating to prices, volumes, operations, margins, capital expenditures, overall market trends, risk management and exchange rates.

When used herein, the words "anticipate", "believe", "could", "estimate", "expect", "going forward", "intend", "may", "ought to", "plan", "project", "seek", "should", "will", "would" and similar expressions, as they relate to Starfleet or Starfleet's management, are intended to identify forward-looking statements. These forward-looking statements reflect Starfleets views at the time such statement was made with respect to future events and are not a guarantee of future performance or developments. You are strongly cautioned that reliance on any forward-looking statements involves known and unknown risks and uncertainties. Actual results and events may differ materially from information contained in the forward-looking statements as a result of a number of factors, including any changes in the laws, rules and regulations relating to any aspects of Starfleet's business operations, general economic, market and business conditions, including capital market developments, changes or volatility in interest rates, foreign exchange rates, equity prices or other rates or prices, the actions and developments of the Starfleet's competitors and the effects of competition in the food manufacturer and service sector , technology applications and components, and real estate development. Sales and property management on the demand for, and price of, Starfleet's products and services, various business opportunities that Starfleet may or may not pursue, changes in population growth and other demographic trends, including mortality, pandemics, morbidity and longevity rates, persistency levels, Starfleet's ability to identify, measure, monitor and control risks in Starfleet's business, including its ability to manage and adapt its overall risk profile and risk management practices, its ability to properly price its products and services, including property development capital expenditures and establish reserves for future policy benefits and claims, seasonal fluctuations and factors beyond the Starfleet's control. Subject to the requirements of the Listing Rules, Starfleet does not intend to update or otherwise revise such forward-looking statements, whether as a result of new information, future events or otherwise. As a result of these and other risks, uncertainties and assumptions, forward-looking events and circumstances discussed herein might not occur in the way Starfleet expects, or at all. Accordingly, you should not place reliance on any forward-looking information or statements. All forward-looking statements herein are qualified by reference to the cautionary statements set forth in this section.