PLAID TECHNOLOGIES INC. — Capital/Financing Update 2024

Dec 18, 2024

Form 51-102F3
Material Change Report

Item 1
Name and Address of Company
Veji Holdings Ltd. (the “Issuer”)
6th Floor, 905 West Pender Street
Vancouver, BC V6C 1L6

Item 2
Date of Material Change
December 13, 2024

Item 3
News Release
A news release disclosing the material change was disseminated on December 13, 2024 (the “News Release”) through the facilities of The Newswire and subsequently filed on the System for Electronic Document Analysis and Retrieval at www.sedarplus.ca (“SEDAR+”).

Item 4
Summary of Material Change
On December 13, 2024, the Issuer closed a non-brokered private placement and issued 4,000,000 units (each, a "Unit") at a price of $0.05 per Unit for gross proceeds to the Company of $200,000 (the "Private Placement").

Item 5
Full Description of Material Change

Item 5.1
Full Description of Material Change
On December 13, 2024, the Issuer closed the Private Placement. Each Unit is comprised of one common share of the Company (a "Common Share") and one-half of one common share purchase warrant (with two such half warrants equaling one whole "Warrant"). Each Warrant will entitle the holder thereof to purchase one additional Common Share in the capital of the Company at a price of $0.06 per Common Share for a period of thirty-six (36) months from the date of issuance.

Proceeds received from the Private Placement will be used for general working capital and corporate purposes.

No finder's fees were paid on the Private Placement. All securities issued are subject to a statutory hold period of four months and one day from issuance which will expire on April 14, 2025.

Item 5.2
Disclosure for Restructuring Transactions
Not applicable.

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

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Item 7 Omitted Information

Not applicable.

Item 8 Executive Officer

Stephen Wall, Chief Executive
Officer Telephone:604-687-2038

Item 9 Date of Report

December 17, 2024