File: '\\swfile\EmailIn\20260112 143749 Attachment 2026-01-12 NR - Announcing Consolidation.docx'

NEWS RELEASE

CULT Food Science Announces Share Consolidation

Toronto, Ontario - January 12, 2026 / CULT Food Science Corp. ("CULT" or the "Company") (CSE: CULT) (OTC: CULTF) (FRA: LN00), 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, announces that, as approved by shareholders at its last annual general and special meeting, the Company will be consolidating all of its issued and outstanding common shares on the basis of one (1) post-consolidated common share (each a "Post-Consolidated Common Share") for every fifty (50) pre-consolidated common shares (each a "Pre-Consolidated Common Share") held (the "Consolidation"). 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 January 16, 2026 as the record date. Trading of the Post-Consolidated Common Shares on the Canadian Securities Exchange ("CSE") is expected to commence on or about January 16, 2026, subject to final approval by the CSE. The new CUSIP number will be 230266405 and the new ISIN number will be CA2302664057. The Company's name and stock symbol will remain unchanged following the Consolidation.

As of the date hereof, the Company has 122,317,913 Pre-Consolidated Common Shares issued and outstanding. The Consolidation will reduce the number of outstanding shares to approximately 2,446,388 Post-Consolidated 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 Post-Consolidated Common Shares without any further action. Endeavor Trust Corporation will send each registered shareholder a DRS statement(s) representing the Post-Consolidation 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

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 pre-determined 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.

Additional information can be found by viewing the Company's CSE issuer profile page or its regulatory filings on www.sedarplus.ca.

On behalf of the Board of Directors of the Company, CULT FOOD SCIENCE CORP.

Mitchell Jackman, Director, CFO, Interim CEO and Corporate Secretary

For further information about CULT Food Science Corp.:

Tel: + 1 (888) 733 - 8581

Email: admin@cultfoodscience.com

This news release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws that relate to the Company's current expectations and views of future events. Forward-looking statements are not historical facts and are based on certain assumptions and analyses made by the Company in light of its experience and perception of historical trends, current conditions, and expected future developments. These statements are often identified by the use of words such as "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "will", "should", "could" and similar expressions, including the negative, or grammatical variations thereof, or by discussions of strategy. Forward-looking statements in this news release include, but are not limited to, statements with respect to: the completion and timing of the Consolidation, the anticipated effective date of trading of the Post-Consolidated Common Shares on the CSE, the expected CUSIP and ISIN numbers for the Post-Consolidated Common Shares, and the Company's expectations regarding the potential benefits of the Consolidation, including making the Company more attractive to potential new investors. Forward-looking statements are necessarily based on estimates and assumptions that, while considered reasonable by the Company as of the date of this news release, are inherently subject to significant business, economic, and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Such assumptions include, without limitation, that the Consolidation will receive all necessary regulatory approvals, including approval from the CSE, that the Consolidation will proceed on the anticipated terms and timeline and that the Consolidation will have the intended effects on the Company's capital structure and investor perception. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the completion and timing of the Consolidation; risks that the anticipated benefits of the Consolidation will not be realized as expected or at all; general market conditions; volatility in the trading price of the Company's securities; and other risks relating to the Company's business and the food technology sector generally. Additional risk factors are disclosed in the Company's continuous disclosure documents, which are available under the Company's profile on SEDAR+ at www.sedarplus.ca.

There can be no assurance that the Consolidation will be completed on the terms described herein, or at all, that the anticipated benefits of the Consolidation will be realized, or that the new director will be appointed as currently expected. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements to reflect new information, subsequent events, or otherwise.

SOURCE: CULT Food Science Corp.