Morningstar report FWIW100 200 Fair ValueQoant 1.01 Last Close 0.48 Overvalued Fairly Valued Undervalued 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 YTD 2.64 0.79 0.59 0.83 1.08 0.98 — 0.62 0.61 0.33 0.47 -97.00 -33.33 -50.00 0.00 600.00 -14.29 -33.33 -17.50 1,142.42 -32.20 -65.83 -104.49 -46.22 -60.22 8.66 578.48 -23.49 -24.33 -40.08 1,136.64 -56.91 -53.66 Performance Price/Fair Value Total Return % +/- Index As of 12 Oct 2022 | Index: Morningstar Canada GR CAD. Fair Value data as of 12 Oct 2022, 22:48 UTC. 1 The ESG Risk Rating Assessment is a representation of Sustainalytics' ESG Risk Rating.Lee Davidson, Head of Manger and Quantitative Research, oversees the methodology that supports Quantitative Fair Value Estimates and Quantitative Star Ratings. Mr. Davidson is guided by the Code of Ethics and Investment Research Integrity Policy of Morningstar Research Services LLC, a subsidiary of Morningstar, Inc. Morningstar’s Quantitative Research team, which consist of employees of Morningstar, Inc., are guided by Morningstar, Inc.’s Code of Ethics. For information regarding Conflicts of Interests,visit https://global.morningstar.com/equitydisclosures. Valuation as of 12 Oct 2022 Fair ValueQoant 1.01 UncertaintyQoant: Extreme Last Close 0.48 FOBI is Under Valued at a 53% discount. Economic Moat None Financial Health Moderate 1-Star Price 3.76 5-Star Price 0.27 Contact 541 Howe Street, Vancouver, BC V6C 2C2 +1 877 754-5336 rob@loopinsights.ca https://www.fobi.ai Financials as of 12 Oct 2022 (Fiscal Year End 30 Jun 2022) 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 YTD Fiscal 0 0 — — 0 0 0 0 0 158 1,818 Revenue (K) -2.63 -0.27 -0.25 -0.11 -0.52 -0.10 -0.15 -6.70 -5.44 -11.12 -15.02 Operating Income (Mil) — — — — — — — — — -7055 -825 Operating Margin (%) -14.10 -0.26 -0.24 -0.11 -0.52 -0.10 -0.15 -13.66 -5.25 -11.10 -14.85 Net Income (Mil) -2.60 0.00 -0.04 -0.02 -0.10 -0.02 -0.02 -0.30 -0.08 -0.09 -0.11 Diluted Earnings/Share -3,045 -145 -328 -52 -452 -32 -62 -3,720 -4,064 -6,394 -6,708 Operating Cash Flow (K) -6,164 — — — — — — -5 -40 -95 -572 Capital Spending (K) -9,209 -145 -328 -52 -452 -32 -62 -3,726 -4,104 -6,489 -7,280 Free Cash Flow (K) 5.35 5.35 5.35 5.35 5.87 6.34 6.34 45.63 64.40 125.36 139.69 Avg Shares Outstand(Mil) — — — — — — — — — — —