Joybyte Holdings ^{Filed Terms, Nasdaq: JOYB}

We operate our business primarily through our indirectly wholly-owned Operating Subsidiary, Grand Universe. Grand Universe distributes casual and social mobile games globally (except the PRC). Grand Universe was founded in February 2023. With a short operating history, Grand Universe has successfully reached a broad and active player base and achieve success in distributing casual and social mobile games. As of December 31, 2025, Grand Universe’s game portfolio includes 19 mobile games, including Annie’s Pursuit and Wasteland Billionaire. Our games are generally played in multiple short sessions and offer challenges for players to overcome during the gameplay. As of April 30, 2026, Grand Universe’s mobile games had over 35 million cumulative registered users. For the month ended April 30, 2026, Grand Universe’s average monthly active user (“MAU”) was over 1.2 million. Grand Universe generally adopts a free-to-play model for its games. Users can generally play the games for free but the games offer the option to watch in-game advertisements or purchase virtual items in games to enhance their gameplay experience. We generally generate our revenue from users watching the in-game advertisements and the sales of in-game virtual items. Grand Universe focuses on marketing and monetization of games and generally licenses games from third-party developers.