BlueOne Technologies, Inc.

Item 1.01 Entry into a Material Definitive Agreement. On April 4, 2025, Millennium EBS Inc. (“ Millennium ”), a New Jersey corporation and subsidiary of BlueOne Card, Inc., a Nevada corporation, entered into a Master Services Agreement (the “ Agreement’ ) with ABeam Consulting (USA) Ltd., a Delaware corporation (the “ Consultant ”), pursuant to which the Consultant or its permitted subcontractors are to provide Millennium services described in the work orders to be agreed to by Millennium and the Consultant (each, a “ Work Order,” or, together, the “ Work Orders ”). The compensation to be paid to the Consultant by Millennium will be agreed to and detailed in each Work Order. Either party may terminate this Agreement or a Work Order for material breach of the Agreement or such Work Order by giving the breaching party 30 days written notice; provided that the breaching party will have the right to rectify the breach within the notice period. If this Agreement or the Work Order is terminated for material breach, the breaching party will immediately lose the benefit of due date and will pay any debts owed to the other party. Either party may terminate the Agreement or a Work Order upon the occurrence of the following events to the other party: (i) for gross negligence or an act of bad faith; (ii) for a declaration of or an application for bankruptcy, corporate reorganization, corporate rearrangement, special liquidation or civil rehabilitation proceedings; (iii) for suspension of payment or suspension of a transaction by a bill clearinghouse; or (iv) for a petition for provisional attachment, attachment, provisional disposition or auction, or disposal for failure to pay taxes. Upon such termination, all debts that the party which caused the termination owes to the other party shall be accelerated and become immediately repayable. A copy of the Agreement is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.