Mr. Hugo Alves reports

AUXLY ANNOUNCES COMMENCEMENT OF TRADING FOLLOWING 14:1 SHARE CONSOLIDATION

Auxly Cannabis Group Inc.'s outstanding common shares began trading today on the basis of 14 preconsolidation common shares to one postconsolidation common share, as announced on July 22, 2026, and approved by the company's shareholders at its annual general and special meeting of shareholders on June 30, 2026.

For a detailed commentary on the company's position with respect to the consolidation, refer to Auxly's Q1 2026 letter to shareholders on-line.

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.

The company's vision is to be a global leader quality cannabis products.

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