| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| GOLDEN PROPERTIES LTD. | 10%+ Owner | #500, 1177 WEST HASTINGS STREET, VANCOUVER, BRITISH COLUMBIA, CANADA | /s/ Alex Lau | 20 Oct 2025 | 0001662466 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AREC | Common Stock | Sale | -$3,978,800 | -980,000 | -7.9% | $4.06 | 11,409,960 | 17 Oct 2025 | Direct |