Description of Greenlit Ventures Inc's Business Segments

The Company operates within a single reporting segment: the encryption industry. The Chief Executive Officer serves as the chief operating decision maker (CODM). The Company remains in the development stage through December 31, 2025. Once operations commence, the CODM will assess the encryption segment's performance based on net income (loss) as presented in the Statements of Operations. Segment assets are reported on the Balance Sheets. Performance metrics include gross profit, operating profit, net earnings, and net earnings excluding the fair value adjustment, a non-GAAP financial measure. Operating profit is monitored to evaluate operating and administrative expenses. The Company has no operations or revenue sources outside the United States.

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