Global Compliance Applications Corp. — M&A Activity 2026

Apr 23, 2026

Form 51-102F3
MATERIAL CHANGE REPORT

Item 1. Name and Address of Company
Global Compliance Applications Corp. (the "Company")
PO Box 43, Suite 830, 1100 Melville Street
Vancouver, BC Canada V6E 4A6

Item 2. Date of Material Change
March 9, 2026

Item 3. News Release
A news release dated March 9, 2026 was disseminated and filed on SEDAR+.

Item 4. Summary of Material Change
The Company entered into a Share Purchase Agreement (the "Definitive Agreement") with Darrence Hugh Christian (the "Seller") pursuant to which the Company will acquire a 100% interest in Global People's Trust LP ("GPT") and Global People's Trust (Management) Limited (together with GPT, the "People's Trust"), a registered New Zealand Financial Services Provider.

Item 5.1. Full Description of Material Change
The Company entered into the Definitive Agreement with the Seller pursuant to which the Company will acquire a 100% interest in the People's Trust (the "Acquisition").

GPT is a New Zealand registered Financial Service Provider ("FSP"). GPT's activities in the New Zealand FSP Register include "Keeping, investing, administering, or managing money, securities, or investment portfolios on behalf of other persons." GPT maintains custody accounts in Euro and USD. GPT is 4 years old, and is in good standing with no debts or liabilities.

In accordance with the Definitive Agreement and as consideration for a 100% interest in People's Trust, the Company will issue the Seller 38,000,000 common shares in the capital of the Company (the "Consideration Shares") at a deemed price of $0.015 per Consideration Share, or such other price as may be required by the Canadian Securities Exchange. The Consideration Shares will be subject restrictions on resale in accordance with applicable securities laws.

The Definitive Agreement sets out certain terms and conditions pursuant to which the Acquisition will be completed. The Acquisition remains subject to certain customary closing conditions and there can be no guarantee that the Acquisition will be completed as contemplated or at all.

Item 5.2. Disclosure for Restructuring Transactions
Not applicable.

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Item 6. Reliance on subsection 7.1(2) of National Instrument 51–102
Not applicable.

Item 7. Omitted Information
No information was omitted.

Item 8. Executive Officers
The following senior officer of the Company is knowledgeable about the material change and this Material Change Report and may be contacted:
Ryan Gibson, CEO and Director
Tel: 1-800-409-5679
Email: ryan@gcac.tech

Item 9. Date of Report
April 23, 2026