Xanadu Quantum Technologies XNDU

Xanadu Quantum Technologies Limited is the parent company of Crane Harbor and Old Xanadu. The company maintains its principal executive office at 777 Bay Street, Suite 2,400, Toronto, Ontario, M5G 2C8, Canada. Its telephone number is (416) 3,049,629. The company’s website is accessible at https://xanadu.ai, and the information contained on that website does not form a part of, and is not incorporated by reference into, this report. Xanadu Quantum Technologies Limited operates as a foreign private issuer in the United States. As a foreign private issuer, the company is exempt from certain Exchange Act rules governing the furnishing and content of proxy statements. Additionally, its officers, directors, and principal shareholders are exempt from the reporting and short swinging profit recovery provisions of Section 16 of the Exchange Act with respect to their purchase and sale of Class B Subordinate Voting Shares. The company is subject to certain informational filing requirements of the Exchange Act but is not required to file reports and financial statements with the SEC as frequently or as promptly as U. S. public companies whose securities are registered under the Exchange Act. Instead, Xanadu Quantum Technologies Limited must file with the SEC an Annual Report on Form 20F containing financial statements audited by an independent registered public accounting firm. The SEC maintains a website at https://www.sec.gov where reports and other information filed by the company can be accessed.

The company's revenue generation activities, including its primary products and services and the general nature of its customer base, are described in the Proxy Statement/Prospectus sections entitled “Information About Old Xanadu” and “Old Xanadu Management’s Discussion and Analysis of Financial Condition and Results of Operations.” These sections are incorporated by reference into this report. They provide investors with a detailed understanding of how Xanadu Quantum Technologies Limited derives income from its operations through its subsidiaries Crane Harbor and Old Xanadu. The information covers the types of offerings sold, the pricing models employed, and the sectors in which the company’s customers operate.

Information regarding Xanadu Quantum Technologies Limited's position within its industry, including key competitors and competitive advantages, is contained in the Proxy Statement/Prospectus sections entitled “Information About Old Xanadu” and “Old Xanadu Management’s Discussion and Analysis of Financial Condition and Results of Operations.” These sections are incorporated by reference into this report. They outline the company's market standing, describe the competitive landscape, and highlight the factors that differentiate its offerings from those of other participants in the quantum technologies field.

Details about Xanadu Quantum Technologies Limited's customer base are provided in the Proxy Statement/Prospectus sections entitled “Information About Old Xanadu” and “Old Xanadu Management’s Discussion and Analysis of Financial Condition and Results of Operations.” These sections are incorporated by reference into this report. They describe the types of customers the company serves and the geographic regions in which its products and solutions are deployed.