Mr. Brent Charleton reports

ENWAVE SIGNS TECHNOLOGY EVALUATION AND LICENSE OPTION AGREEMENT WITH NORTH AMERICAN MULTI-STATE CANNABIS COMPANY

EnWave Corp. has signed a technology evaluation and licence option agreement with a North American multistate cannabis company to lease a 10-kilowatt radiant energy vacuum (REV) dehydration machine to evaluate the value proposition of REV technology over incumbent drying methods. The cannabis cultivator's evaluation is expected to complete before the end of June, 2024. If the evaluation is deemed successful, EnWave expects to grant a commercial licence and sell REV equipment to the cannabis cultivator.

About EnWave Corp.

EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Delta, B.C., EnWave has developed a robust intellectual property portfolio, perfected its radiant energy vacuum (REV) technology, and transformed an innovative idea into a proven, consistent and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality and cost.

With more than 50 royalty-generating partners spanning 26 countries and five continents, EnWave's licensed partners are creating profitable, never-before-seen snacks and ingredients, improving the quality and consistency of their existing offerings, running leaner and getting to market faster with the company's patented technology, licensed machinery and expert guidance.

EnWave's strategy is to sign royalty-bearing commercial licences with food producers who want to dry better, faster and more economically than freeze drying and air drying; enjoy the following benefits of producing exciting new products; reach optimal moisture levels up to seven times faster; and improve product taste, texture, colour and nutritional value.

We seek Safe Harbor.