Mr. Yona Shtern reports

HAPBEE IS UPGRADING U.S. LISTING TO OTCID TO EXPAND INVESTOR ACCESS AND INCREASE MARKET VISIBILITY

Hapbee Technologies Inc.'s U.S. listing has been upgraded from the OTC Pink Sheets to the newly established OTCID (OTC International Designated) tier on the OTC Markets Group platform. The company will continue to trade under the symbol HAPBF once the upgrade is complete -- effective July 1, 2025.

This uplisting reflects Hapbee's continuing commitment to enhancing transparency, accessibility and engagement with a broader and diversified group of United States-based retail and institutional investors aligned with Hapbee's market rollout plans and broader growth strategy.

"We are excited to advance our capital markets strategy with this upgrade to OTCID," said Yona Shtern, chief executive officer of Hapbee. "As we continue to scale our wellness platform and partner ecosystem across North America and internationally, this move provides U.S. investors with improved visibility and access to Hapbee's shares in a more structured and enhanced trading environment."

The OTCID market tier, launched by OTC Markets in 2024, is specifically designed for established, international issuers that meet higher standards of disclosure and governance. OTCID-listed companies benefit from expanded investor outreach capabilities, better market quality and enhanced corporate credibility in the U.S. capital markets.

The company's primary listing remains on the TSX Venture Exchange under the symbol HAPB.

Update on audited financial statements

The company also announces that the filing of its annual audited financial statements and MD&A (management's discussion and analysis) for the year ended Dec. 31, 2024, required pursuant to parts 4 and 5 of National Instrument 51-102, Continuous Disclosure Obligations, remains delayed. For a detailed explanation of the reasons for the delay, please see the company's news releases dated April 18, 2025, and May 15, 2025.

The auditor is in the process of finalizing its audit of the financial statements for review by the company's audit committee. The company is expecting to file the financial statements together with the chief executive officer and chief financial officer certifications within the next seven days. In any event, the company does not anticipate any issue in completing and filing the required filings on or before June 30, 2025, and will continue providing updates on its progress.

A management cease trade order (MCTO) under National Policy 12-203, Management Cease Trade Orders, was issued by the British Columbia Securities Commission, as principal regulator for the company, on May 1, 2025. The MCTO restricts all trading by the company's CEO and CFO in securities of the company, whether direct or indirect. The issuance of the MCTO will not affect the ability of persons who are not directors, officers or insiders of the company to trade their securities.

The MCTO will remain in effect until two business days after the required filings are filed or until it is revoked or varied.

The company confirms that it intends to satisfy the provisions of the alternative information guidelines described in NP 12-203 by issuing biweekly default status reports in the form of a news release for so long as it remains in default of the requirement to make the required filings. The company has not taken any steps toward any insolvency proceeding, and the company has no material information relating to its affairs that has not been generally disclosed.

About Hapbee Technologies Inc.

Hapbee is a digital wellness company that helps people optimize how they feel, sleep and perform. Powered by ultralow radio frequency energy (ulRFE), Hapbee's wearable devices deliver safe, low-energy biostreams designed to promote desired wellness states, such as focus, relaxation and improved sleep -- without the need for ingestibles. The company's growing product ecosystem includes the Hapbee mobile app, smart sleep pad, neckband and immersive mattress topper, used by wellness enthusiasts, high-performance athletes and health professionals around the world.

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