Mr. Gabriel Kabazo reports

PLANTIFY FOODS ANNOUNCES RIGHTS OFFERING

Plantify Foods Inc. intends to issue rights to holders of record of its common shares at 2 p.m. Pacific Time on Dec. 5, 2025, for the purchase of up to a total of 11,440,489 common shares. Pursuant to the rights offering, each shareholder of Plantify will receive one transferable right for every common share held as of the record date. One right will entitle the holder thereof to subscribe for one common share at a subscription price of 12 cents per common share until 2 p.m. Pacific Time on Dec. 31, 2025. Assuming the exercise of all rights, the rights offering will raise gross proceeds of $1,372,859.

The rights will be issued to shareholders resident in a jurisdiction of Canada and those shareholders resident outside of the eligible jurisdictions who have satisfied Plantify as to their ability to legally receive the rights. Accordingly, and subject to the detailed provisions of the right offering circular dated Nov. 27, 2025, rights DRS statements will not be mailed to shareholders resident outside of the eligible jurisdictions unless such shareholders are able to establish to the satisfaction of Plantify, on or before Dec. 17, 2025, that they are eligible to participate in the rights offering. Shareholders who fully exercise their rights will be entitled to subscribe pro rata for common shares, if any, not otherwise subscribed for by other holders of rights prior to the expiry time pursuant to the basic subscription privilege.

Complete details of the rights offering are set out in the circular and the rights offering notice, which are filed under Plantify's profile on SEDAR+. Registered shareholders who wish to exercise their rights must complete and forward the rights DRS, together with applicable funds, to Computershare Investor Services Inc., the depositary for the rights offering, on or before the expiry time. Shareholders who own common shares through an intermediary, such as a securities dealer or broker, will receive materials and instructions from their intermediary.

We seek Safe Harbor.