Mr. Frank Dennis reports

SWISS WATER ANNOUNCES PURCHASE OF WARRANTS FROM MILL ROAD CAPITAL

Swiss Water Decaffeinated Coffee Inc. has entered into an agreement with Mill Road Capital II LP to purchase from Mill Road the outstanding share purchase warrants entitling Mill Road to acquire up to 2.25 million common shares of Swiss Water. The share purchase warrants have an exercise price of $3.33 per share and expire on April 30, 2026. The purchase price for the share purchase warrants is $675,000. Completion of the purchase is anticipated to be July 3, 2025.

"The cancellation of the warrants removes an overhang on the share price trading and will permit the shares to trade without this influence going forward. We believe that shareholders will also benefit from the clarity being provided on the share ownership and wide distribution of the company's shares. Swiss Water appreciates the constructive approach that Mill Road Capital has taken to these discussions to achieve an outcome that the board believes is in the best interests of shareholders," said Frank Dennis, president and chief executive officer of Swiss Water.

About Swiss Water Decaffeinated Coffee Inc.

Swiss Water is a leading specialty coffee company and a premium green coffee decaffeinator that employ the proprietary Swiss Water process to decaffeinate green coffee without the use of chemical solvents such as methylene chloride. It also owns Seaforth Supply Chain Solutions Inc., a green coffee handling and storage business. Both businesses are located in Delta, B.C., Canada.

We seek Safe Harbor.