Sundae Bar Regulatory News (SBAR)

29 January 2026

Sundae Bar Plc  ("sundae_bar" or the "Company")

Update on Generalist AI Agent Development

Further to the announcement published on 17 December 2025, Sundae Bar Plc (AIM: SBAR) announces that its generalist commercial AI agent is now in live development with real developer participation, marking the transition from internal testing to real-world training.

This development is enabled through the Bittensor network, which allows global developers to contribute improvements through open, performance-based competition.

The generalist commercial AI agent is being developed as a single digital worker designed to execute real business workflows end-to-end, rather than narrow, task-specific tools. The Company believes this approach addresses a key limitation in current enterprise AI adoption, where multiple disconnected tools fail to operate reliably across systems and workflows.

Jill Kenney, CEO of sundae_bar, commented: "AI agents are moving from experimentation into real enterprise adoption, and we have been building the generalist AI agent deliberately for that moment. By training a single generalist agent through open competition on the Bittensor network and deploying it through the sundae_bar platform, we are focused on delivering a digital worker that can execute real workflows rather than a collection of disconnected tools. Opening the system to developer contributions is an important step in making that capability production-ready."

SN121 enables Bittensor's global network of developers to compete to improve the same agent against structured, real-world business challenges. Performance will be evaluated using the Company's Agent Evaluation Test Suite ("AETS"), which is designed to test reliability, constraint handling and multi-step execution under production-like conditions. Evaluation outputs are intended to be observable and auditable, producing both quantitative scores and qualitative rationales that support rapid iteration and validated improvement.

The Company expects this next phase to materially accelerate capability development and support the delivery of a production-grade generalist AI agent suitable for enterprise deployment. Subject to ongoing performance validation, the strongest-performing version of the agent is expected to be deployed through the sundae_bar platform.

Industry research indicates accelerating enterprise adoption of AI agents. Gartner has forecasted that by 2026, approximately 40% of enterprise software applications will embed task-specific AI agents.[1] The Company believes this trend supports demand for more generalist, workflow-oriented agent architectures capable of operating across multiple systems.

For further information please contact:

Sundae Bar Plc Jill Kenney, Chief Executive OfficerTel: +44 (0) 20 7628 3369

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About sundae_bar Following its successful AIM admission in June 2025, sundae_bar has developed and operates an enterprise platform that links AI agent developers with businesses and users at sundaebar.ai and from which AI agents can be acquired.

The Company is now building a single, continuously improving generalist AI agent which is designed to do "real business work" and which will be made available for businesses once it is ready for commercial deployment.

The generalist AI agent is trained through open, incentivised competition on Bittensor, a decentralised incentive layer that coordinates global contributors to produce intelligence. Performance improvements are measured, benchmarked, and incorporated into one production agent.

sundae_bar was formed through the strategic merger of Ora Technology PLC and Kondor AI PLC, combining enterprise-grade platform infrastructure with deep AI expertise.

For more information, visit sundaebar.ai

About Bittensor Bittensor is an open-source, decentralised network designed to coordinate and incentivise the creation of digital intelligence through open competition. Its architecture currently supports 128 independently operated subnets, each specialising in a distinct domain of intelligence.

For more information, visit: Bittensor  https://www.youtube.com/watch?v=mJX8DJylCjQ

About Subnet 121 Subnet 121 ("SN121"), operated by sundae_bar (AIM: SBAR), is a decentralised training and evaluation environment on the Bittensor network. SN121 is designed to support the development of a generalist commercial AI agent by enabling global developers to compete against structured, real-world benchmarks, with demonstrated performance improvements incorporated into a continuously evolving agent architecture.

For more information, visit: https://taostats.io/subnets/121/chart