Mr. Sean Black reports

HEAL WELLNESS QSR ANNOUNCES THE OPENING OF LOCATIONS #50 AND #51

Happy Belly Food Group Inc. has celebrated a significant milestone for its Heal Wellness brand with the grand openings of its 50th and 51st locations this past Saturday, Sept. 5, 2026. Heal's milestone 50th location opened at 255 King St., Unit 6, Waterloo, Ont., directly across from Wilfred Laurier University and University of Waterloo, while its 51st location opened at 327 Chemin du Bord-du-Lac Lakeshore, Pointe-Claire, Que.

The Waterloo location was opened by the franchise group led by Alex Rechichi and Bedford Park Capital, which entered into Heal's largest multiunit franchise agreement to date for 45 locations across Ontario, Manitoba and Saskatchewan. Heal Wellness is a fast-growing quick-service restaurant (QSR) brand specializing in fresh smoothie bowls, acai bowls and smoothies, built around clean ingredients and a better-for-you lifestyle.

"Reaching our 50th Heal Wellness location is a proud milestone for our team, our franchise partners and everyone who has helped build this brand," said Sean Black, chief executive officer of Happy Belly Food Group.

"It is especially meaningful to celebrate store number 50 with Alex Rechichi and Bedford Park Capital," added Mr. Black. "Their commitment to Heal, and the progress we are making together, reflect exactly what our growth model is built on: experienced partners, strong brands and disciplined execution. We are equally grateful to our Pointe-Claire multiunit franchisee, whose continued expansion in Quebec is helping strengthen Heal's growing presence in the province. This milestone reflects the collective effort across the entire brand, and we thank everyone who has played a role in helping us reach it."

"We are just getting started," said Mr. Black.

"Heal Wellness continues to expand rapidly across Canada and into the United States, solidifying its position as a leading acai and smoothie bowl brand," said Mr. Black. "With 51 locations open and more than 157 in development, Heal remains a key driver of growth within Happy Belly's broader portfolio of emerging brands in various stages of development, construction and operation. We continue to build a predictable and disciplined growth engine designed to create long-term shareholder value."

About Heal Wellness

Heal Wellness was founded with a passion and mission to provide quick, fresh wellness foods that support a busy and active lifestyle. Heal Wellness currently offers a diverse range of smoothie bowls and smoothies. Heal takes pride in meticulously selecting every superfood ingredient on its menu to fuel the body, including acai smoothie bowls, smoothies and superseed grain bowls. Heal Wellness smoothie bowls are crafted with real fruit and enriched with superfoods like acai, pitaya, goji berries, chia seeds and more.

About Happy Belly Food Group Inc.

Happy Belly Food Group is a leader in acquiring and scaling emerging food brands across Canada.

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