Mr. Jonathan Or reports

COMMERCIAL LEADER BRINGS MORE THAN 30 YEARS OF EXPERIENCE AT MCCAIN FOODS, UNILEVER AND OSI GROUP

Beyond Oil Ltd. has appointed Joe Colligan as chief executive officer of its wholly owned operating subsidiary, Beyond Oil USA Inc., effective Oct. 26, 2026. Mr. Colligan will report to the board of directors of Beyond Oil. In this role, Mr. Colligan will lead commercial expansion across North America, driving enterprise sales across national quick-service restaurant (QSR) chains, casual dining brands and food retail networks, while scaling distributor partnerships.

"With our technology validated at commercial scale by major North American customers and vendor approvals that open the door to leading national restaurant chains, we are ready to accelerate," said Jonathan Or, chief executive officer and co-founder of Beyond Oil. "Joe has spent decades building multimillion-dollar supply partnerships with the world's largest food-service operators. He brings the relationships, experience and drive to turn this opportunity into significant North American growth. We are thrilled to welcome him. I also want to thank Michael Nemirow, President, North America, who has met our shared goal of leveraging his business experience to help build the foundation of our North American business and position us for this next phase of growth. Michael will work closely with Joe through the transition and will then move into an adviser role to continue supporting the Company."

Mr. Colligan brings more than 30 years of commercial leadership at major global food suppliers, with expertise in large-scale food-service agreements and national chain customer partnerships. He spent 15 years at McCain Foods, the world's largest supplier of French fries and fried appetizers, serving as vice-president of sales, national and strategic accounts -- North America. In that role, he expanded national chain agreements and managed enterprise relationships with leading QSR, casual dining and convenience brands. Earlier, he spent nearly a decade at Unilever Ice Cream, where he served as vice-president of retail sales -- North America and led major grocery businesses and brand integrations. Most recently, he was senior vice-president of sales and business development -- North America at OSI Group. Mr. Colligan holds a bachelor of science in business administration from Pennsylvania State University.

About Beyond Oil Ltd.

Beyond Oil is a food-tech innovation company on a mission to help food-service operators improve fried food across every dimension that matters: quality, health, consistency, safety, sustainability and profitability.

We seek Safe Harbor.