(via TheNewswire)

VANCOUVER, British Columbia , Canada – November 25, 2025 – TheNewswire - Grounded People Apparel Inc . (“ Grounded ” or the “ Company ”)  (CSE: SHOE ), (OTCQB: GPAIF ), (Frankfurt: K1G , WKN: A3DVB1 ), announces that, following a comprehensive review of its current operations and market conditions, the Board has made the decision to terminate all retail operations and commence the liquidation of remaining inventory. Effective immediately, the Company will begin to unwind active retail activities related to its existing footwear segment.

This strategic decision follows a careful assessment of prevailing market dynamics, operational challenges, and the long-term interests of the Company and its shareholders. Management has determined that continued pursuit of the footwear business is no longer viable in the current retail environment.

As part of this transition, Grounded intends to implement measures to reduce overall Company overhead and to explore new business directions.

Management remains committed to assessing and pursuing opportunities that align with the Company’s strategic objectives and long-term value creation for shareholders.

As a result of the Company’s current inactive status, the Company will be designated as an Inactive Issuer and effective November 26, 2025, its trading symbol will change from SHOE to SHOE.X. The addition of the suffix ‘.X’ to the trading symbol is a designation applied by the CSE and does not constitute a suspension of trading; the securities will continue to trade under the new symbol.

ON BEHALF OF THE BOARD OF DIRECTORS

“Maximilian Justus”

Maximilian Justus

Chief Executive Officer

For further information, please contact:

Email: investors@groundedpeople.com

Telephone: 1-844-673-6753

CAUTIONARY DISCLAIMER STATEMENT

This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon several estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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