Ms. Hamutal Yitzhak reports

ELSE NUTRITION ANNOUNCES DELAY IN FILING FINANCIAL STATEMENTS AND EXTENSION OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

Else Nutrition Holdings Inc.'s principal regulator in Canada, the British Columbia Securities Commission (the BCSC), has notified the company that it has issued a cease trade order (the CTO) under Multilateral Instrument 11-103 -- Failure-to-File Cease Trade Orders in Multiple Jurisdictions against the company. The CTO was issued as a result of the company's delay in filing its interim financial statements, the accompanying management discussion and analysis, and CEO (chief executive officer) and CFO (chief financial officer) certifications for the period ended March 31, 2025, on SEDAR+ within 45 days after the end of its interim period on March 31, 2025.

The CTO prohibits the trading by any person or company of any securities of the company in each jurisdiction in Canada in which the company is a reporting issuer, until such time as the company is able to complete the filing of the interim filings and successfully apply for a revocation of the CTO. The CTO provides an exception for beneficial securityholders of the company who are not currently (and were not as of June 16, 2025) insiders or control persons of the company and who sell securities of the company acquired before June 16, 2025, if both of the following criteria are met: (i) the sale is made through a foreign organized regulated market, as defined in Section 1.1 of the Universal Market Integrity Rules of the Investment Industry Regulatory Organization of Canada, and (ii) the sale is made through an investment dealer registered in a jurisdiction of Canada in accordance with applicable securities legislation.

The company expects to file its interim filings by June 30, 2025, and will issue a news release once they have been filed.

Extension of annual general meeting of shareholders

In addition, the company announces that the Toronto Stock Exchange has granted the company an extension to hold its annual general meeting of shareholders for 2025 (the AGM), which it was originally required to be held by June 30, 2025. The company is now required to hold the AGM by July 31, 2025.

About Else Nutrition Holdings Inc.

Else Nutrition Holdings is a food and nutrition company in the international expansion stage focused on developing innovative, clean, and plant-based food and nutrition products for infants, toddlers, children and adults. Its revolutionary, plant-based, non-soy formula is a clean-ingredient alternative to dairy-based formulas. Since launching its Plant-Based Complete Nutrition for Toddlers, made of whole foods, almonds, buckwheat and tapioca, the brand has received thousands of powerful testimonials and reviews from parents, gained national retailer support, and achieved rapid sales growth.

We seek Safe Harbor.