FingerMotion, Inc.

Key risks and potential challenges

**Gas exposure.**The model depends on natural gas remaining cheap and available where the Company builds. A sustained increase in input cost would compress the economics.

Construction and permitting.“Rapidly deployable” is a design characteristic, not a guarantee. Permitting, equipment lead times, gas-supply studies and local opposition move timelines.

**The market is still forming.**The enterprise compute buyer is real and early. Sales cycles are long. A small number of contracts will represent a large share of early revenue.

**Capital availability.**Project financing depends on credit conditions and lender appetite for this asset class. Neither is within the Company’s control.

**Execution and partner dependence.**This is a different business from the one FingerMotion has operated historically. The plan leverages BlueFlare so that those capabilities do not have to be built internally first. That concentration is also a risk: delay, disagreement, or a failure to reach definitive agreements on the MOU or any site would slow or stop the plan.

**Policy.**The regulatory environment that created this opportunity can change. Closed grids can reopen; open ones can close.

**No signed project contracts yet.**Until a Commercial Term Sheet and definitive agreements exist, the first site — and every site after it — remains a discussion, not an asset.