Mint Incorporation Limited (("Mint" or the "Company", together with its subsidiaries, the "Group", NASDAQ:MIMI), a Hong Kong-based company strategically focused on artificial intelligence (AI) and robotics, and an established business interior design and fit-out works provider, today announced that its majority-owned joint venture entity, Rice Robotics AGI Holding Limited ("Rice Robotics AGI"), has entered into a non-binding Memorandum of Understanding (the "MOU") with Edvance Innovation Limited ("Edvance") to establish a strategic distribution partnership for the Middle East and North Africa (MENA) education robotics market.

Under the MOU, Rice Robotics AGI will act as the hardware supplier and education platform provider, while Edvance will serve as the distributor and curriculum services provider across the MENA region. Pursuant to the MOU, Edvance is appointed as the exclusive distributor of Rice Robotics AGI’s products for Morocco, with expansion into other MENA markets to be developed and agreed upon between the Parties as opportunities arise. The appointment is non-exclusive for the remainder of the MENA region outside Morocco. The MOU outlines a non-binding commercial goal of deploying 3,000 units of educational robotics hardware across the MENA region over a 36-month period, with the first purchase order of 50 units targeted for placement by 30 November 2026, subject to final product specification, sample validation, confirmed pricing, and agreed delivery terms. It is further agreed that Edvance will lead commercial expansion of Rice Robotics AGI’s products in the MENA region, including customer outreach, channel development, product demonstrations, local marketing, sales conversion, and first-line customer coordination. The parties intend to negotiate and sign a definitive distribution and education services agreement, which will address product pricing, platform subscription terms, service levels, and other commercial terms.