Mindhive Strengthening

Dear investors,

I am pleased to report that Mindhive has completed all the necessary preparations for obtaining ISO 27001, SOC2, and GDPR certifications. This accomplishment is a significant milestone in our journey towards global market expansion, particularly as we prepare to collaborate with a leading global consulting firm for our market entry.

ISO 27001 Certification: ISO 27001 is a widely recognised international standard for managing information security. The completion of preparations for this certification demonstrates our commitment to maintaining the highest standards of data security and risk management. It assures that Mindhive has a robust framework for managing information security risks, protecting data, and ensuring the confidentiality, integrity, and availability of information.

SOC2 Compliance: SOC2 compliance is critical for technology and cloud computing organisations, particularly those handling customer data. Our readiness for SOC2 compliance signifies our adherence to high standards for managing customer data based on five "trust service principles" - security, availability, processing integrity, confidentiality, and privacy. This compliance positions Mindhive as a reliable and secure partner for businesses and enhances our credibility in the market.

GDPR Compliance: The General Data Protection Regulation (GDPR) is a pivotal regulation in data protection and privacy in the European Union. Our preparations for GDPR compliance indicate our dedication to protecting personal data and respecting the privacy rights of individuals. This compliance is essential for operating in the European market and reflects our commitment to international data protection standards.

These certifications and compliances are not just formalities; they are a testament to our rigorous approach to information security and data protection. They will play a crucial role in building trust with our clients and partners, especially as we enter new markets globally. The completion of these preparations is a clear indication of our readiness to operate at the highest levels of data security and compliance, which is increasingly becoming a differentiator in our industry.

The achievement of these milestones also reflects the hard work and dedication of our team. Preparing for these certifications involved a comprehensive audit of our systems, processes, and policies, and required a concerted effort across multiple departments within our organisation. The team's commitment to this process has been instrumental in reaching this stage.

As we move forward, these certifications will provide a solid foundation for our global expansion strategy. They will enable us to engage with larger clients, particularly in sectors where data security and compliance are non-negotiable requirements. Our readiness for these certifications will also enhance our value proposition in the market, setting us apart from competitors and positioning us as a leader in secure and compliant AI solutions.

Looking ahead, our focus will remain on maintaining these standards and continuously improving our systems and processes. The dynamic nature of technology and data security means that we must stay vigilant and proactive in managing risks and adapting to new regulations. Our commitment to these standards will be a key aspect of our operational excellence and strategic growth.

The completion of preparations for ISO 27001, SOC2, and GDPR certifications is a significant achievement for Mindhive. It underscores our commitment to operational excellence, data security, and regulatory compliance. As we proceed with our global expansion plans, these certifications will strengthen our market position and help us build lasting relationships with clients and partners worldwide.

Thank you for your continued support and belief in Mindhive. We look forward to sharing more successes with you in the future.