PREAXIA HEALTH CARE PAYMENT SYSTEMS INC.

PreAxia Health Care Payment Systems Inc. is a Nevada-incorporated company, established on April 3, 2000. It primarily operates through its wholly owned subsidiary, PreAxia Health Care Payment Limited, which was incorporated in Alberta on November 26, 2015. On May 23, 2025, the Company created another wholly owned subsidiary in Alberta, Canada, named Zane Inc. CA. This subsidiary will develop and market personal financial management products and refine health care payment processing services. Zane Inc. CA had no operations before June 30, 2025. PreAxia Payment aims to provide a comprehensive suite of solutions and services for the emerging health payment market, focusing on opportunities related to the growth of health spending accounts (HSAs). The company intends to initially launch its products in Canada. Studies indicate that HSAs in the US reached $123.3 billion in assets in 2024 and served 34.7 million consumers in 2023, representing an increase of more than 18% in assets over the prior year. This, combined with the continued growth of the Canadian group insurance industry, highlights the opportunity for health payment services.