Mr. Christian Bullock reports

PUREBREAD BRANDS INC. ANNOUNCES COMPLETION OF DEBT SETTLEMENT

Purebread Brands Inc. has completed a debt settlement with certain arm's-length parties.

Pursuant to a payout and release letter, the company made a cash payment of $355,000, inclusive of applicable legal fees, in full and final settlement of an aggregate of $2,057,445 indebtedness owing to the creditor. The company financed the settlement amount through an unsecured loan from an arm's-length party.

The company is pleased to complete this debt settlement and further strengthen the company's balance sheet and financial position.

About Purebread Brands Inc.

Purebread Brands is a leader in fast-casual cafes/bakeries in British Columbia, driving retail expansion in vibrant communities across Canada and beyond. Purebread is committed to crafting exceptional food experiences and making a positive impact on the communities it serves.