An anonymous director reports

WATER WAYS ANNOUNCES CORPORATE UPDATES

Water Ways Technologies Inc.'s wholly owned Heartnut Grove WWT Inc. has filed a voluntary assignment in bankruptcy pursuant to the Bankruptcy and Insolvency Act (Canada), and Albert Gelman Inc. has been appointed as trustee. This disclosure is further to the company's press release dated May 9, 2026.

As previously announced, as a result of Heartnut's voluntary assignment in bankruptcy, the company's primary Canadian operating subsidiary, and the liquidation of its Israeli subsidiary, Irri-Al-Tal Ltd., Water Ways no longer carries on an active business and does not generate revenue.

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.

Management update

The company announces that Ronnie Jaegermann has resigned from his position with the company, effective immediately. The board of directors would like to thank Mr. Jaegermann for his service to the company and wish him well in his future endeavours.

About Water Ways Technologies Inc.

Water Ways Technologies 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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