Mr. Mitchell Jackman reports

CULT FOOD SCIENCE ANNOUNCES SHARE CONSOLIDATION

Cult Food Science Corp., as approved by shareholders at its last annual general and special meeting, will be consolidating all of its issued and outstanding common shares on the basis of one postconsolidated common share for every 50 preconsolidated common shares held. The consolidation is intended to make the company more attractive to potential new investors.

The company's board of directors has approved the consolidation and set Jan. 16, 2026, as the record date. Trading of the postconsolidated common shares on the Canadian Securities Exchange is expected to commence on or about Jan. 16, 2026, subject to final approval by the CSE. The new Cusip number will be 230266 40 5 and the new ISIN will be CA 230266 40 5 7. The company's name and stock symbol will remain unchanged following the consolidation.

As of the date hereof, the company has 122,317,913 preconsolidated common shares issued and outstanding. The consolidation will reduce the number of outstanding shares to approximately 2,446,388 postconsolidated common shares issued and outstanding.

Shareholders of the company (other than those holding certificated shares who will be contacted by the company directly) will automatically receive their postconsolidated common shares without any further action. Endeavor Trust Corp. will send each registered shareholder a DRS statement representing the postconsolidation common shares. Shareholders who hold their shares through an intermediary are encouraged to contact their intermediaries if they have any questions.

No fractional shares will be issued under the consolidation. Fractional shares will be rounded either up or down to the nearest whole number. Each fractional share remaining after conversion that is less than half of a share will be cancelled and each fractional share that is at least half of a share will be changed to one whole share. The exercise price and number of shares issuable pursuant to the exercise of any outstanding convertible securities, including incentive stock options and warrants, will also be adjusted in accordance with the consolidation ratio.

About Cult Food Science Corp.

Cult Food Science is a disruptive food technology investment platform focused on making investments to pioneer the commercialization of lab grown meat and cellular agriculture to reshape the global food industry. The company's investments may include the acquisition of equity, debt or other securities of publicly traded or private companies or other entities, financing in exchange for predetermined royalties or distributions, and the acquisition of all or part of one or more businesses, portfolios or other assets. The company also provides operational, advisory and commercialization support to select companies in its portfolio, including collaboration in launching new consumer brands and products. The company's objective is to reshape the global food system while enhancing long-term shareholder value through active stewardship and innovation.

We seek Safe Harbor.