Statement re. Silicon Valley Bank

March 13, 2023

13 March 2023

LungLife AI, Inc.
(the “Company” or “LungLife”)

Statement re. Silicon Valley Bank

LungLife AI (AIM: LLAI), a developer of clinical diagnostic solutions for lung cancer, is aware of media reports indicating the closure of Silicon Valley Bank (“SVB”). The Company does not hold any cash at SVB, nor does it have a banking relationship with SVB.

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