Mr. Ronnie Jaegermann reports

WATER WAYS ANNOUNCES CORPORATE UPDATES

Heartnut Grove WWT Inc., a wholly owned subsidiary of Water Ways Technologies Inc., intends to make a voluntary assignment in bankruptcy pursuant to the provisions of the Bankruptcy and Insolvency Act (Canada). Albert Gelman Inc. is the trustee to be appointed to administer Heartnut's bankrupt estate.

Heartnut is finalizing the required filings and expects to complete the assignment in co-operation with the trustee. The initiation of the voluntary assignment was approved by Water Ways, as the sole shareholder of Heartnut. At this time, there is no definitive timeline for completion of the bankruptcy proceedings.

Update on liquidation of Irri-Al-Tal Ltd.

Further to its press releases dated Oct. 1, 2024, and Aug. 15, 2025, the company confirms that on Oct. 1, 2024, it filed an application to cease operations of its Israeli subsidiary, Irri-Al-Tal Ltd. (IAT). The filing of the application was approved by the directors of Water Ways. The liquidation process is continuing and is expected to extend for an extended period, primarily due to delays associated with the collection of amounts owed to IAT by customers located in international jurisdictions.

Corporate status and strategic review

As a result of the intended voluntary assignment in bankruptcy of Heartnut, the company's primary Canadian operating subsidiary, and the liquidation of IAT, Water Ways no longer carries on an active operating business and does not currently generate revenues.

Following the discontinuation of its operating activities, the company is undertaking a strategic review to evaluate potential opportunities that could enhance shareholder value. These opportunities may include, among others, a business combination, reverse takeover, merger, asset acquisition or the identification of a new line of business. There can be no assurance that any transaction or strategic initiative will be identified or completed. The company will provide updates as developments arise, in accordance with applicable securities laws. The company also confirms that its current board of directors comprise the following individuals: Ronnie Jaegermann, Ohad Haber and Yehuda Doron.

About Water Ways Technologies Inc.

Water Ways Technologies is a TSX Venture Exchange-listed public company. The company has ceased its former irrigation technology operations and is no longer carrying on an active business. Water Ways is currently focused on preserving corporate value while evaluating strategic alternatives, which may include the acquisition of, or merger with, a business operating in a new sector.

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