Mr. David Kinder reports

BIG ROCK BREWERY INC. ANNOUNCES EXPANSION AND EXTENSION OF SECOND LIEN FINANCING

Big Rock Brewery Inc. has expanded its second lien financing with its principal shareholder, VN Capital Fund I LP, by $500,000. In addition, the entire second lien financing has been extended to mature on March 31, 2025.

The expanded financing will enhance Big Rock's financial flexibility as it continues to optimize its operations and pursue its growth objectives in the ready-to-drink (RTD) market. Capital investments will be prioritized to grow both the capacity and capability within the RTD category. The corporation values the continued support of VN Capital, which underscores their confidence in Big Rock's long-term strategy.

Further details regarding the second lien financing can be found in the corporation's publicly available disclosure documents filed on SEDAR+.

About Big Rock Brewery Inc.

In 1985, Ed McNally founded Big Rock to contest the time's beer trends. Three bold, European-inspired offerings -- bitter, porter and traditional ale -- forged an industry at a time heavy on easy drinking lagers and light on flavour. Today, the company's extensive portfolio of signature beers, continuing seasonal offerings, six ciders (Rock Creek Cider series), custom-crafted private label products and other notable, licensed alcoholic beverages keeps the company at the forefront of the craft beer revolution and still proudly contesting the beer and alcoholic beverage trends of today. Big Rock has brewing operations in Calgary, Alta., and Toronto, Ont. Big Rock trades on the Toronto Stock Exchange under the symbol BR.