Shareholder Letter 2025

Starfleet Innotech : Letter to Shareholders

Dear Shareholders,

As we step into the New Year, I want to take this opportunity to greet you warmly and thank you for your steadfast support during a challenging 2024. The past year presented us with significant obstacles, but it also offered valuable lessons and opportunities to recalibrate our strategies for a brighter future. As always, our commitment to transparency, strategic growth, and maximizing shareholder value remains unwavering.

Transparency and Progress on Funding

The delays in receiving committed investments have been a major hurdle, impacting projects, buybacks, and operational commitments. However, we are taking proactive measures to ensure progress:

• Funds from our Australian investor/lender:
  While the original December 2024 timeline was missed, we have escalated the matter and working closely with our lender to resolve the challenges of the delays on their part. We expect to receive the funding this first quarter of the year. This investment/loan will be instrumental in advancing MORAYA real estate projects, executing full share buybacks, and settling project-related loans.
• Funds from our UK investors via their representative in the Philippines:
  Our Philippine partners have scheduled initial disbursements for mid-February 2025, with larger tranches expected in March. These funds will support share buybacks, uplisting preparations, real estate projects, and team mobilization.

Recalibrating Plans and Exploring Opportunities

To mitigate the impact of delays, our leadership team has worked tirelessly on parallel initiatives that align with our long-term goals. These include:

• BNCM Share Buyback:
  We will continue to secure full/partial buyback of SFIO shares owned by BNCM and Hatadi Supaat through our investors. We are also exploring plans to provide services to BNCM in lieu of its SFIO shares.
• MORAYA Real Estate Development:
  Our real estate division is pursuing alternative funding to continue the ongoing development on the Heroes Lane subdivision project in Isabela, Philippines. These funds will serve as a ‘bridge fund’ until sales revenue or Philippine investment tranches materialize within the first quarter of this year.
• Epiphany Café Expansion:
  We reinstated our Malaysia partnership with a profit-sharing structure, reducing upfront costs. Additionally, we are negotiating with a franchise company in the Philippines to expand the brand locally through a potential merger into their existing franchise operations.
• Uplisting and Strategic Growth:
  The company is actively working with OTC Markets to submit all the required documents to qualify for the OTCID tier. In addition, we are planning to uplist to OTCQB or OTCQX later this year. Alongside these efforts, we remain focused on executing key projects, stabilizing SFIO share price, and exploring a merger with a larger Philippine company to enhance shareholder value during the uplisting process.
• Private Placement Investments:
  We are in active discussions with a U.S. investment group to secure additional funding for buybacks and strategic projects, with a term sheet expected by the end of January.

Looking Ahead

As the New Year begins, 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.