Mint Enters Into JV Agreement With YAS Digital To Establish YAS Robotics Focused On Development, Marketing And Distribution Of Robotics And AI Related Insurance Products

Mint Incorporation Limited (("Mint" or the "Company", together with its subsidiaries, the "Group", NASDAQ:MIMI), a Hong Kong-based company strategically focused on artificial intelligence (AI) and robotics, and an established business interior design and fit-out works provider, today announced that it has entered into a joint venture agreement (the "JV Agreement") with YAS Digital Group Limited ("YAS") to establish YAS Robotics Limited (the "JV Company"), a new Hong Kong-based joint venture company focused on the development, marketing and distribution of robotics and AI related insurance products. 

YAS is an insurtech group developing AI-native insurance infrastructure and distribution capabilities across the Asia-Pacific region and is a licensed insurance agency regulated by the Hong Kong Insurance Authority. Pursuant to the JV Agreement, YAS will hold seventy-five percent (75%) and Mint will hold twenty-five percent (25%) of the issued shares of the JV Company.