An anonymous director reports

AUXLY ANNOUNCES NORMAL COURSE ISSUER BID

Auxly Cannabis Group Inc. has filed with the Toronto Stock Exchange, and the TSX has accepted, the company's notice of intention to make a normal course bid (NCIB).

Under the NCIB, the company is permitted to purchase for cancellation, on the open market, during the period commencing April 20, 2026, and ending on the earlier of April 19, 2027, and the completion of purchases under the NCIB, up to 68.9 million common shares of the company, representing less than 5 per cent of the issued and outstanding common shares of the company as of April 7, 2026, subject to the policies of the TSX.

The company believes that, from time to time, the market price of its common shares does not adequately reflect the company's underlying value and prospects, and that, at such times, the purchase of the company's common shares represents an appropriate use of the company's financial resources and will enhance shareholder value.

Daily purchases on the TSX under the NCIB will be limited to 206,920 common shares, other than purchases made pursuant to the block purchase exception, based on the applicable average daily trading volume on the TSX for the six months ending March 31, 2026, of 827,683 common shares. The actual number of common shares that may be purchased under the NCIB and the timing of any such purchases will be determined by the management of the company, subject to applicable law and the policies of the TSX.

Purchases under the NCIB are expected to be made at prevailing market prices through the facilities of the TSX and/or alternative Canadian trading systems, or by such other means as may be permitted by applicable securities laws. The NCIB will be financed using the company's cash resources and any common shares repurchased by the company under the NCIB will be cancelled.

As of April 7, 2026, the company had 1,405,038,794 issued and outstanding common shares and a public float (within the meaning of the rules of the tsx) of 1,053,217,980 common shares.

In addition, the company has entered into an automatic share purchase plan (ASPP) with a designated broker to allow for the purchase of common shares under the NCIB at times when the company would ordinarily not be permitted to purchase shares due to regulatory restrictions or self-imposed blackout periods.

About Auxly Cannabis Group Inc.

Auxly is a leading Canadian consumer packaged goods company in the cannabis products market, headquartered in Toronto, Canada. The company's mission is to help consumers live happier lives through quality cannabis products that they trust and love. Auxly's vision is to be a leader in branded cannabis products that deliver on the company's consumer promise of quality, safety and efficacy.

We seek Safe Harbor.