On November 12, 2026, an indirect subsidiary (the "Provider") of Polibeli Group Ltd (NASDAQ:PLBL) ("Polibeli" or the "Company"), entered into an AI Computing and Related Technical Services Framework Agreement (the "Framework Agreement") with a company incorporated in Taiwan (the "Customer"). The Framework Agreement establishes contractual arrangements for cooperation in AI computing and related technical services, including cloud computing, model access, AI model hosting and inference, model deployment and related technical support.
The specific scope of services, fees, methods of access and delivery terms will be set out in purchase orders separately signed by the parties, subject to the Framework Agreement, applicable supplier agreements and model license terms.
Based on the computing capacity and pricing terms set out in the Framework Agreement, and assuming that all such capacity is subscribed for under signed purchase orders and that the corresponding services are provided for their full respective five-year terms, the illustrative aggregate base AI service fees would be approximately US$448.5 million, excluding applicable taxes. Fees for other optional AI technical services will be separately determined under purchase orders actually signed. This amount is a scenario-based calculation only and does not represent committed orders, order backlog or a revenue forecast. Actual purchases and realized service fees may be materially lower, and there is no assurance that any purchase orders will be signed or any service fees will be realized.
The Framework Agreement also contains provisions regarding service levels, confidentiality, data security, export controls and sanctions, continuing customer eligibility, suspension, termination and limitations of liability and other reasonable and customary terms.