Certain of the matters discussed in this presentation which are not statements of historical fact constitute forward-looking statements that involve a number of risks and uncertainties.
Words such as “strategy,” “expects,” “continues,” “plans,” “anticipates,” “believes,” “would,” “will,” “estimates,” ”intends,” “projects,” “goals,” “targets” and other words of similar meaning are
intended to identify forward-looking statements, but are not the exclusive means of identifying these statements. Any statements made in this presentation other than those of historical
fact, about an action, event or development, are forward-looking statements. The important factors that may cause actual results and outcomes to differ materially from those contained
in such forward-looking statements include, without limitation: we are exposed to foreign currency exchange loss, fluctuation and translation risks related to our business in Pakistan; the
international economic environment, geopolitical developments and unexpected global events could cause our business to decline; investing in emerging markets, where our operations are
located, is subject to greater risks than investing in more developed markets, including significant political, legal and economic risks; our revenue performance can be unpredictable by nature, as a large majority of our customers have not entered into long-term fixed contracts with us; we operate in highly competitive markets, which we expect only to become more competitive, and as a result, we may have difficulty expanding our customer base or retaining existing customers; we may be unable to keep pace with technological
changes and evolving industry standards, which could harm our competitive position and, in turn, materially harm our business; we are exposed to cyber-attacks and other cybersecurity
threats that may lead to compromised or inaccessible tele-communications, digital and financial services, and/or leaks or unauthorized processing of confidential information, and perceptions of such threats may cause customers to lose confidence in our services; the telecommunications industry is highly capital-intensive and requires substantial and ongoing expenditures
of capital; our ability to profitably provide telecommunications services depends in part on the terms of our interconnect agreements and access to third-party-owned infrastructure and
networks, over which we have no direct control; we may be subject to increases in license fees for some of our licenses or to obtain new licenses; the loss of important intellectual property rights, as well as third-party claims that we have infringed on their intellectual property rights, could significantly harm our business; our substantial amounts of indebtedness and debt
service obligations could materially decrease our cash flow, which could adversely affect our business and financial condition; we may not be able to raise additional capital, or we may only
be able to raise additional capital at significantly increased costs; if WorldCALL Public issues more shares, our ownership could go below 50%; risks associated with our ability to continue to
conduct our activities in a manner so as not to be deemed an investment company under the Investment Company Act of 1940, as amended; our ability to maintain ownership control of 123
Investments Limited and other key subsidiaries; economic downturns in Pakistan and globally, inflationary pressures, changes in interest rates, increased borrowing costs and reduced financing availability; risks relating to future divestitures, asset sales, joint ventures and acquisitions; and our future operating results, financial performance and growth prospects; provisions
in our certificate of incorporation, our by-laws and Nevada law might discourage, delay, or prevent a change in control of our company or changes in our management and, therefore, depress the trading price of the common stock; we are a controlled company, no active trading market for our common stock exists, and an active trading market may not develop or be sustained in the future; stockholders may be diluted significantly through our efforts to obtain financing and satisfy obligations through the issuance of additional shares of the common stock;
we have not and do not expect to declare any cash dividends to our shareholders in the foreseeable future; concentration of ownership among our existing executive officers, directors and
their affiliates may prevent new investors from influencing significant corporate decisions; we depend upon key personnel who may terminate their employment with us at any time, and if
we were to lose the services of any of these individuals, our business and operations might be adversely affected; our management has limited experience in managing day-to-day U.S. public companies, as a result, we may incur additional management-related expenses pertaining to SEC reporting obligations and SEC compliance matters; our officers and directors may have
conflicts of interest, which may not be resolved in the favor of our shareholders; if we are unable to establish appropriate internal financial reporting controls and procedures, it could cause
us to fail to meet our reporting obligations, resulting in the restatement of our financial statements, harm our operating results, subject us to regulatory scrutiny and sanction, cause investors to lose confidence in our reported financial information and have a negative effect on the market price for shares of the common stock; we will incur increased costs and demands
upon management as a result of complying with the laws and regulations affecting public companies, which could adversely affect our operating results; the telecommunications industry
is a highly regulated industry, and we are subject to an extensive variety of laws and operate in uncertain judicial and regulatory environments, which may result in unanticipated outcomes
that could harm our business; violations of and changes to applicable sanctions and embargo laws, including export control restrictions, may harm our business; we could be subject to tax
claims and repeated tax audits that could harm our business; changes in tax treaties, laws, rules or interpretations could have significantly adverse effects on our business, and the unpredictable tax systems in the markets in which we operate give rise to significant uncertainties and risks that could complicate our tax and business decisions; anti-terror legislation passed in
Pakistan and other jurisdictions could result in additional operating costs and capital expenditures; regulatory developments and government action on climate change issues may drive medium-to-long term increases in our operational costs; WorldCALL Public and WorldCALL Private are incorporated in Pakistan, and their assets are in Pakistan, which may affect shareholder
rights, including a shareholder’s ability to enforce civil liabilities under U.S. securities laws; we are, and may in the future be, involved in, associated with, or otherwise subject to legal liability in connection with disputes and litigation with regulators, competitors, and third parties, which, when concluded, could have an adverse impact on our business; and our licenses are
granted for specific periods and may be suspended, revoked, or we may be unable to extend or replace these licenses upon expiration, and we may be fined or penalized for
alleged violations of law, regulations, or license terms.

Other important factors that may cause actual results and outcomes to differ materially from those contained in the forward-looking statements included in this communication are described in the Company’s publicly-filed reports, including, but not limited to, the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, and future Annual Reports
on Form 10-K and Quarterly Reports on Form 10-Q. These reports are available at www.sec.gov. The Company cautions that the foregoing list of important factors is not complete. All subsequent written and oral forward-looking statements attributable to the Company or any person acting on behalf of the Company are expressly qualified in their entirety by the cautionary
statements referenced above. Other unknown or unpredictable factors also could have material adverse effects on the Company’s future results. The forward-looking statements included in
this presentation are made only as of the date hereof. The Company cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, the Company undertakes no obligation to update these statements after the date of this presentation, except as required by law,
and takes no obligation to update or correct information prepared by third parties that are not paid for by the Company. If we update one or more forward-looking statements, no inference
should be drawn that we will make additional updates with respect to those or other forward-looking statements. The information set forth herein does not constitute an offer to sell or the
solicitation of an offer to buy any securities of the Company, nor will there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to
the registration or qualification under the securities laws of such jurisdiction.

Date of Information in Presentation
All information in this presentation is as of May 28, 2026 (unless otherwise stated). The Company undertakes no duty to update any forward-looking statement to conform the statement to
actual results or changes in the Company’s expectations.

Industry Information
In this presentation, we may rely on and refer to information regarding the telecom industry in general from market research reports, analyst reports and other publicly available information.
Although we believe that this information is reliable, we have not commissioned any of such information,we cannot guarantee the accuracy and completeness of this information, and we
have not independently verified any of it.

Disclaimer Regarding Projections
The financial projections (the “Projections”) included herein were prepared by the Company in good faith using information believed to be reasonable, all of which is subject to change. The
Projections are based on numerous assumptions, including realization of the operating strategy of the Company; industry performance; no material adverse changes in applicable legislation
or regulations, or the administration thereof, or generally accepted accounting principles; general business and economic conditions; economic, competitive, and general business conditions
prevailing at the time the Projections were developed; retention of key management and other key employees; absence of material contingent or unliquidated litigation, indemnity, or other
claims; no changes in economic output and local and global economies; lack of recessions and depressions; and other matters, many of which will be beyond the control of the Company.

Any future changes in these conditions, may materially impact the ability of the Company to achieve the financial results set forth in the Projections.

Additionally, to the extent that the assumptions inherent in the Projections are based upon future business decisions and objectives, they are subject to change. Although the Projections are
presented with numerical specificity and are based on reasonable expectations developed by the Company’s management or advisors, the assumptions and estimates underlying the Projections are subject to significant business, economic, and competitive uncertainties and contingencies. Accordingly, the Projections are only estimates and are necessarily speculative in nature. It is expected that some or all of the assumptions in the Projections will not be realized and that actual results will vary from the Projections. Such variations may be material and may
increase over time. In light of the foregoing, readers are cautioned not to place undue reliance on the Projections. The projected financial information contained herein should not be regarded as a representation or warranty by the Company, its management, advisors, or any other person that the Projections can or will be achieved. The Company cautions that the Projections
are speculative in nature and based upon subjective decisions and assumptions. Since the Projections cover multiple years, such information by its nature becomes less meaningful and reliable with each successive year. As a result, the Projections should not be relied on as necessarily predictive of actual future events. Such Projections have been prepared by the Company’s
management, and no accountants or independent registered accounting firms have audited, examined, compiled or performed any procedures with respect to any of the Projections. The
Projections should be read in conjunction with the assumptions and qualifications set forth herein.