Axonex AI Group Announces 2-For-5 Reverse Stock Split, Effective Oct. 22

Axonex AI Group Limited ("Axonex" or the "Company", NASDAQ: AXNX), a Hong Kong-based company with a strategic focus on artificial intelligence (AI) and robotics, and an established business interior design and fit-out works provider, announces that it is implementing a reverse stock split of all of the Company’s issued and unissued shares, including the Class A ordinary shares with no par value (the "Class A Ordinary Shares") and Class B ordinary shares with no par value (the "Class B Ordinary Shares," together with the Class A Ordinary Shares, the "Ordinary Shares"), at an exchange ratio of two (2) shares for every five (5) shares (the "Reverse Stock Split"). The Reverse Stock Split was approved by the Company’s Board of Directors on October 2, 2026.