Mr. Avtar Dhaliwal reports

MODERN PLANT BASED FOODS INC. ANNOUNCES COMPLETION OF ANIMALKIND ACQUISITION, EXPANDING INTO PLANT-BASED PET FOOD MARKET

Modern Plant Based Foods Inc. has completed the acquisition of AnimalKind, a plant-based pet food company based in Richmond, B.C. The acquisition was accomplished through the purchase of all outstanding securities of 1471394 B.C. Ltd. (operating as AnimalKind).

AnimalKind specializes in sustainable, plant-based pet food products, including popular items such as blueberries, apple chunks and pumpkin dog treats. The addition of AnimalKind to Modern's portfolio aligns with the company's strategic expansion into plant-based sectors beyond human food, reflecting the increasing consumer demand for sustainable and ethical products across all categories.

Pursuant to the terms of the share exchange agreement, Modern has issued an aggregate of four million common shares from treasury to AnimalKind shareholders at closing, at a deemed price of 20 cents per share. This transaction marks a significant milestone in Modern's growth strategy, positioning the company as an emerging player in the rapidly evolving plant-based pet food industry.

Modern remains committed to driving innovation in plant-based markets, offering both consumers and their pets sustainable, healthy and environmentally conscious alternatives.

About Modern Plant Based Foods Inc.

Modern is a Canadian food company based in Vancouver, B.C., that offers a portfolio of plant-based products, including meat and dairy-free alternatives, soups and vegan snacks. It takes a holistic approach to plant-based living and understands the importance of providing nutritious and sustainable alternatives to consumers without sacrificing taste. It wants people to feel good about the food they eat, which is why it is deliberate in choosing ingredients free of soy, gluten, nuts and genetically modified organisms. Its mission is to change the way food is produced and consumed for the benefit of people, animals and the environment by using natural plant-based ingredients. The company's mission is to change the way food is produced and consumed for the benefit of people, animals and the environment by using natural plant-based ingredients.