Mr. Mark Munford, a shareholder, reports

REPORT OF ACQUISITION OF BENEFICIAL OWNERSHIP OF COMMON SHARES OF GOOD NATURED PRODUCTS INC.

On June 21, 2023, Mark Munford purchased 21,428,570 units of Good Natured Product Inc. for 14 cents per unit, each unit consisting of one common share of the issuer and one warrant of the issuer, for aggregate proceeds of $2,999,999.80. Each warrant is exercisable until Dec. 21, 2025, and entitles Mr. Munford to purchase an additional common share at an exercise price of 19 cents per share. Mr. Munford acquired the units on a private placement basis pursuant to the rules of National Instrument 45-106 -- Prospectus Exemptions.

Prior to the offering, Mr. Munford owned, directly and indirectly, 14,640,320 common shares, representing 6.02 per cent of the issued and outstanding common shares of the issuer on a non-diluted basis and warrants to acquire an additional 3.75 million common shares. Following the closing of the private placement, Mr. Munford owns, directly and indirectly, an aggregate of 36,068,890 common shares, representing 12.94 per cent of the outstanding common shares (calculated on an undiluted basis), and 25,178,570 warrants.

Mr. Munford acquired the units for investment purposes. Mr. Munford may, from time to time and at any time, acquire additional common shares and/or other equity, debt, or other securities or instruments of the issuer in the open market or otherwise, and reserves the right to dispose of any or all securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the securities, the whole depending on market conditions, the business and prospects of the issuer, and other relevant factors.

A copy of the early warning report with additional information in respect of the foregoing matters may be found on SEDAR. The issuer's head office is located at 814, 470 Granville St., Vancouver, B.C., V6C 1V4.