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John Bell Resigns from Board of Directors; Scott McGregor Appointed to the Board Effective November 2nd

SEATTLE, WA / November 2, 2026 — TheNewswire - Nevis Brands Inc. (CSE: NEVI, OTCQB: NEVIF)) ("Nevis" or the "Company") today announced changes to its Board of Directors. John Bell has resigned as a director of the Company, and Scott McGregor has been appointed to the Board of Directors to fill the vacancy created by Mr. Bell's departure, effective as of November 2, 2026.

John Kueber, Chief Executive Officer of Nevis Brands, expressed his appreciation for Mr. Bell's contributions to the Board: “On behalf of the entire Board and management team, I want to sincerely thank John Bell for his dedication, service, and guidance to Nevis Brands. John’s contributions have been instrumental during his tenure, and we wish him all the best in his future endeavors."

The Company is pleased to welcome Scott McGregor to the Board of Directors. Mr. McGregor brings extensive corporate finance and capital markets expertise to Nevis. Over the course of his career, Mr. McGregor has participated in more than 140 financing transactions and helped raise over $2 billion in capital for companies across multiple sectors. His experience spans equity and debt financings, mergers and acquisitions, recapitalizations, public listings, capital pool companies, and strategic advisory assignments. He has advised management teams and boards through periods of growth, transformation, and market change, combining strong execution capabilities with thoughtful strategic guidance.

Much of Mr. McGregor’s career has been focused on the energy sector, where he developed extensive relationships with senior executives, institutional investors, and industry leaders. He previously served as Managing Director and Head of Energy Investment Banking at Acumen Capital Partners, where he led corporate finance initiatives, created new business opportunities, and executed more than 110 financing transactions that raised approximately $1.45 billion in capital. He most recently held a senior investment banking position at Mackie Research Capital, continuing to advise public and private companies on financing and strategic alternatives.

"We are thrilled to welcome Scott McGregor to our Board of Directors," added John Kueber, CEO. "Scott’s deep background in investment banking, capital markets execution, and strategic advisory will be an invaluable asset to Nevis Brands as we continue to execute on our strategic growth initiatives and expand our business."

Pursuant to the Company’s Stock Option Plan and subject to regulatory approval, the Company has granted 200,000 stock options (the “Options ”) to Mr. McGregor.  The Options are exercisable into common shares in the capital of the Company (the “Shares ”) at an exercise price of $0.05 per Share for a period of five years from the date of grant of the Options.  The Shares to be issued on the exercise of the Options will be subject to a hold period of four months and a day from the date of grant of the Options.

About Nevis Brands Inc.

Nevis Brands Inc. is a leading developer and licensor of cannabis beverage products and brands. The Company focuses on expanding its brand footprint through strategic licensing partnerships and innovative product offerings in licensed jurisdictions.

Investor Relations Contact:

John Kueber – Email: investors@nevisbrands.com  – Tel: 425-380-2151

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAS REVIEWED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary Statement Regarding “Forward-Looking” Information

Some of the statements contained in this news release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. This forward-looking information is provided as of the date of this news release. The forward-looking information reflects our current expectations and assumptions and is subject to a number of known and unknown risks, uncertainties and other factors, which may cause actual results, performance, or achievements to be materially different from any anticipated future results, performance or expectations expressed or implied by the forward-looking information. No assurance can be given that these assumptions will prove correct. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company’s control. Investors are advised to consider the risk factors under the heading “Risks and Uncertainties” in the Company’s Form 2A, available at www.sedarplus.ca for a discussion of the factors that could cause the Company’s actual results, performance and achievements to be materially different from any anticipated future results, performance, or achievements expressed or implied by the forward-looking information. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

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