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Hapbee Technologies Inc
Symbol HAPB
Shares Issued 234,374,083
Close 2026-05-05 C$ 0.03
Market Cap C$ 7,031,222
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Hapbee Technologies suspended by BCSC

2026-05-11 18:05 ET - News Release

Subject: Hapbee Technologies, Inc. - News Release for dissemination Word Document

File: '\\swfile\EmailIn\20260511 145401 Attachment FFCTO PR Draft(5769508.2).docx'

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Hapbee Announces Failure-to-File Cease Trade Order

VANCOUVER, British Columbia, May 11th, 2026 - Hapbee Technologies, Inc. (TSXV: HAPB) (OTCQB: HAPBF) (FSE: HA1) ("Hapbee" or the "Company"), the digital wellness technology company, announces that the British Columbia Securities Commission, as its principal regulator, has issued a Failure to File Cease Trade Order ("FFCTO") prohibiting the trading of the Company's securities in Canada, including trades in its common shares through the TSX Venture Exchange ("TSXV").

The FFCTO was issued due to a delay in filing the Company's audited annual consolidated financial statements for the year ended December 31, 2025, along with the related Management's Discussion and Analysis, and certification of annual filings (collectively referred to as the "Required Documents") which were due by April 30, 2025, as required under National Instrument 52-109 - Certification of Disclosure in Issuers' Annual and Interim Filings.

The delay primarily results from recent management changes, including the departure of the Company's Chief Financial Officer ("CFO") in 2025 and a new CFO in the fall of 2025. Additionally, the Company has experienced administrative delays due to the impact of the ongoing conflict in the Middle East.

The Company is working diligently with its accounting staff and external auditors to complete the audit and expects to file the Required Documents as soon as practicable, currently targeting completion within the next two weeks. The FFCTO will remain effective until these documents are filed. The FFCTO will remain effective until these documents are filed. The Company confirms that the FFCTO will be lifted promptly upon the completion of these filings, and it will provide further updates as they become available.

About Hapbee

Hapbee is a digital wellness technology company that aims to help people take control of how they sleep, perform, and feel. Hapbee's digital wellness library of Blends and Routines utilizes patented ultra-low radio frequency energy (ulRFE(TM)), designed to help optimize users' sleep, productivity, recovery, and downtime. Hapbee devices and subscriptions are available for purchase at Hapbee.com and through a growing network of select distributors.

You can learn more about how Hapbee works at www.hapbee.com/science.

Forward-Looking Statements

This news release contains "forward-looking information" which may include, but is not limited to, statements with respect to completion of the Offering, use of proceeds of the Offering and the Company's planned operations, business strategy and developments. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are based on various assumptions.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the completion of its audit; and general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements.

Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

On behalf of the Board of Directors:

Krishna Subramanian - Chief Financial Officer and Director

1 888 841 7086

invest@hapbee.com

For further information, please contact:

Media Contact: Jonathan Sheeri

jon@hapbee.com

T: 1 888-841-7086

www.hapbee.com

© 2026 Canjex Publishing Ltd. All rights reserved.