Mr. Christian Bullock reports

PUREBREAD BRANDS INC. ANNOUNCES CLOSING OF PREVIOUSLY ANNOUNCED DEBT SETTLEMENT

Further to the news release on Jan. 13, 2026, Purebread Brands Inc. has completed its previously announced shares-for-debt transaction and issued an aggregate of 1,579,670 units of the company at a price of $1.25 per settlement unit, in full and final settlement of accrued and outstanding indebtedness in the aggregate amount of $1,974,588. Each settlement unit is composed of one common share of the company and one-half of one common share purchase warrant with such warrants exercisable by the holder to acquire common shares of the company, at a price of $2.50 per common share for a period of three years from the date of issuance.

All common shares are subject to a four-month hold period from the date of issuance in accordance with applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside of Canada.

About Purebread Brands Inc.

Purebread is a leader in fast-casual cafe/bakeries in British Columbia, driving retail expansion in vibrant communities across Canada and beyond. Purebread is committed to crafting exceptional food experiences and making a positive impact on the communities it serves.