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Investor Relations Update January 28, 2025

We are pleased to provide the following updates on recent developments and financial matters.

Financial and Governance Updates:

On January 27, 2025, the MediXall Group Inc 10-K for 2023 was filed with the U.S. Securities and Exchange Commission. You can access and review this 10-K by going to the Investor Update under the Investor Relations tab at https://www.healthkarmagroup.com/ .

Below are 2 significant excerpts from this filing:

1. During 2023, the Company had undergone a nearly complete change in the Board of Directors, its management, and its operations. Although this change has been challenging, this shift has led to significant financial growth. In fact, the Company’s revenue in 2023 was $309,422 which is over 5 times the 2022 revenue of $59,268.

2. The new management has taken decisive steps to reduce costs by moving its business office, continuing the remote work strategy started under pandemic conditions, and significantly reduced the number of employees by procuring out-sourced marketing expertise, its AI-driven User Experience/User Interface (UX/UI) platform, as well as its IT development and maintenance. This effort has resulted in reducing the net loss in 2023 by $2.3 million to $4,563,406 in 2023 versus a net loss of $6,830,415 in 2022.

As detailed in our latest filing, we are proud to report that in 2023, there were no compensation or related party transactions between TBG Holdings and R3 Accounting. Furthermore, as outlined in Note 10 of the filing, effective July 5, 2024, TBG Holdings, R3 Accounting, and their primary owners no longer hold any shares in MediXall, nor do we owe any debt to them or their companies. This marks a significant milestone in our commitment to transparency and strong corporate governance.

Our team is working diligently with our auditors to ensure the timely filing of our 2024 10-Q reports. We appreciate your patience and understanding as we prioritize accuracy and compliance in this process.

Strategic Business Developments:
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We are excited to announce a significant partnership with Benalign, a leading employee benefits company https://www.benalign.com/. Benalign has signed an agreement with Health Karma to integrate our Behavioral 1st Moment(TM) solution - a 24/7, immediate-access consultation service with Master’s-level clinicians—into their new Safewell(TM) app. This innovative app, which will be marketed to colleges and universities across the United States, also incorporates Safe4R https://www.safe4r.com/, a social protection app designed to connect users with a network of support during emergencies or when they feel unsafe. This collaboration underscores our commitment to expanding access to mental health resources and enhancing safety for individuals nationwide.

Additionally, we are in the final stages of receiving our first enrollment file from the Northwest Fraternal Order of Police for an insurance product that features our Behavioral 1st Moment(TM) solution as a key benefit. This partnership represents a meaningful step forward in providing critical mental health support to first responders and their families.

We remain focused on driving growth, fostering innovation, and delivering value to our stakeholders. Thank you for your continued support and confidence in our mission.

For further inquiries, please contact us via:
• Email: IR@healthkarmagroup.com
• Voice Message: (954) 737-3435
• Investor Relations Tab: https://www.healthkarmagroup.com/

Yours in health and progress,

Health Karma Investor Relations