Fobi AI Announces Appointment of New Auditor

VANCOUVER, BC, Nov. 18, 2025 (GLOBE NEWSWIRE) — Fobi AI Inc. (FOBI: TSXV) (FOBIF: OTCQB) (the “Company” or “Fobi”), an industry leader in harnessing AI and data intelligence to enable digital transformation, announces that it has changed its auditors from MNP LLP (“Former Auditor”) to Can Partners LLP (“Successor Auditor”) effective November 17, 2025. The Former Auditor resigned as the auditor of the Company and the Board of Directors of the Company appointed the Successor Auditor as the new Auditor effective November 17, 2025, until the close of the Company’s next Annual General Meeting and to perform the audit of the annual financial statements of the Company for the financial year ended June 30, 2025. There were no reservations in the Former Auditor’s audit reports for any financial period during which the Former Auditor was the Company’s auditor. There are no “reportable events” (as the term is defined in National Instrument 51-102 Continuous Disclosure Obligations) between the Company and the Former Auditor. In accordance with National Instrument 51-102, the Notice of Change of Auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the Company’s Audit Committee and will be filed on SEDAR+ accordingly. This press release is available on the Fobi website. To download the Fobi Investor Experience Wallet Pass to get enhanced access to investor information about Fobi, please visit our Investor Experience page. About Fobi AI Founded in 2017 in Vancouver, Canada, Fobi is a leading AI and data intelligence company that provides businesses with real-time applications to digitally transform and future-proof their organizations. Fobi enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences, and drives digital sustainability by eliminating the need for paper and reducing unnecessary plastic waste at scale. Fobi works with some of the largest global organizations across retail & CPG, insurance, sports & entertainment, casino gaming, and more. Fobi is a recognized technology and data intelligence leader across North America and Europe, and is the largest data aggregator in Canada’s hospitality & tourism industry. On behalf of the Board of Directors of the Company Rob Anson Chief Executive Officer and Director For more information, please contact: Fobi AI Inc. Fobi Website: www. fobi release are made as of the date of this news release and, except as required by applicable law, Fobi does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Fobi should be considered highly speculative. There can be no assurance that Fobi will be able to achieve all or any of its proposed objectives. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
https://www.globenewswire.com/news-release/2025/11/19/3190553/0/en/Fobi-AI-Announces-Appointment-of-New-Auditor.html