Animoca Brands Corporation Limited (“Animoca Brands'' or "the Company”) is pleased to announce the release of the FY2023 annual report, which is now available for download here.

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The text of the Chairman’s Letter contained in the FY2023 annual report is reproduced below.

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Dear Shareholders and Friends of Animoca Brands,

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I am pleased to share the FY2023 annual report for Animoca Brands Corporation Limited (“Animoca Brands” or the “Company”).

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The digital asset industry entered 2023 in a period of significant stress following the collapse of FTX, with Bitcoin trading below US$17,000 at the start of the year. It was a time when the resilience and long-term validity of the industry were actively tested, and it was a challenging environment for all participants. Despite the challenging market conditions, FY2023 marked a pivotal year for Animoca Brands. During this period, we began laying the groundwork for a fundamental transformation: evolving the Company into a diversified digital conglomerate designed to operate and grow through cycles of uncertainty.

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One of the most consequential initiatives we started in FY2023 was the development of a strategic joint venture with Standard Chartered and HKT. Three years later, on 10 April 2026, this effort culminated in the joint venture, Anchorpoint Financial Limited, becoming one of only two licensed stablecoin issuers in Hong Kong. Back in 2023, the global relevance of stablecoins was still far from universally accepted, making the joint venture a conviction-driven move ahead of the broader institutional and regulatory alignment that later followed.

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In parallel, the Company established a dedicated digital assets trading team and expanded into digital asset advisory services, forming a new business pillar that continues to contribute to our performance. We also began early experimentation with real-world assets (RWAs), laying the foundation for subsequent partnerships and joint ventures with leading institutions in this emerging category.

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On the product front, FY2023 saw the launch of Open Campus, a project that advances our vision for decentralized education. Today, Open Campus supports the issuance of millions of on-chain academic credentials, bringing verifiability and ownership to learners globally. 2023 was also the year we began investing deeply in the field of digital identity — primarily via Moca Network — recognizing the central and critical role of digital ID in the evolution of Web3 ecosystems.

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Today it is clear that many of the initiatives we undertook in FY2023 — across stablecoins, RWAs, digital identity, and decentralized education — have become foundational elements of the next phase of the internet: the agentic web, where autonomous AI agents (not humans) act as primary users and economic participants on behalf of their users. In this emerging paradigm, identity, ownership, and programmable value are becoming necessities rather than just features, providing a perfect fit for our extensive work on decentralized networks.

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Animoca Brands helped to lay the foundations of the agentic web, but what was missing until quite recently — what held AI agents back from becoming truly useful and capable — was autonomy: the ability of an agent to pursue complex, long-term goals without continuous oversight. That began to change in late 2025 as persistent autonomous AI agents started to become available.

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On 4 February 2026 we launched Minds by Animoca Brands, available at Hellominds.ai, also known simply as “Minds”. Minds is our own agentic AI platform that provides persistent, networkable, autonomous agents. It enables anyone to create and manage fully-featured agents, without any knowledge or hardware whatsoever. In a few months since launching, Minds has emerged as one of our most exciting products, rising to become one of the most used personal agent platforms (as tracked by OpenRouter).

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Minds represents a convergence of various of our efforts over the last few years: the infrastructures we have built for digital identity, on-chain assets, and decentralized financial rails ideally and strategically position us to take advantage of the growing dominance of AI agents as economic actors.

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The exponential expansion of agentic web traffic is catalysing a fundamental shift in the digital economy and how the internet is structured. The Minds platform represents an early, functional implementation of the emerging agentic web, which empowers users to deploy, manage, and participate in agent-driven systems that operate within an open, ownership-centric framework.

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We believe this shift will redefine how individuals engage with technology, integrating them as active participants in intelligent autonomous networks. We invite you to experience this future today by exploring the Minds platform at Hellominds.ai and becoming part of the next phase of the internet.

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I remain deeply grateful to our shareholders, global team, ecosystem communities, portfolio projects, and partners, whose collective efforts and enduring support continue to drive our shared vision forward.

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With gratitude,

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Yat Siu

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Co-founder and Executive Chairman

Animoca Brands