File: '\\swfile\EmailIn\20240808 170550 Attachment Press Release 08-08-2024 Maple Leaf Has Filed Annual Audited Financials.docx'

Maple Leaf Announces Filing of Audited Annual Financial Statements

for Year Ended Dec. 31, 2023

FOR IMMEDIATE RELEASE August 8, 2024

CALGARY, ALBERTA - Maple Leaf Green World Inc. ("Maple Leaf" or the "Company"), (CSE: MGW), (OTCIQ: MGWFF), today announces the completion of the filing of its audited annual financial statements, management discussion and analysis and related certifications for the year ended December 31, 2023 (collectively, the "Annual Filings"). The Company's independent auditor has completed its audit procedures and has issued an unqualified (clean) opinion report for the Company's annual financial statements as well.

The Company is working to complete its unaudited interim financial statements for the quarter ended March 31, 2024 ("First Quarter Financials") and anticipates to file the First Quarter Financials in next few days.

The Company remains subject to a cease trade order ("CTO") issued by the Alberta Securities Commission ("ASC") on July 15, 2024, and will apply for revocation of the CTO with ASC upon filing of the First Quarter Financials.

Copies of each of the Annual Filings were filed on SEDAR+ under Maple Leaf's profile and can be found at www.sedarplus.ca.

About Maple Leaf Green World Inc.

Maple Leaf is a public Canadian company that is focused on the health and wellness industry in North America and China. With a long-term vision to expand its renewable energy portfolio, Maple Leaf aims to contribute to a greener and more sustainable future. The Company's common shares are listed for trading on the Canadian Securities Exchange ("CSE") under the symbol "MGW" and on the OTC Pink under the symbol "MGWFF."

For further information, please contact:

Maple Leaf Green World Inc.

Raymond Lai, Chairman, President & CEO

Email: rlai@mlgreenworld.com;

Tel: (403) 907-3715

Cautionary Statement Regarding Forward Looking Information

Information and statements contained in this news release that are not historical facts are "forward-looking information" within the meaning of applicable securities legislation that involve risks and uncertainties relating, but not limited, to Maple Leaf's current expectations, intentions, plans, and beliefs. Forward-looking information can often be identified by forward-looking words such as "anticipate", "believe", "expect", "goal", "plan", "target", "intend", "estimate", "could", "should", "may" and "will" or the negative of these terms or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Examples of forward-looking information in this news release include, without limitation: the timing of the revocation of the Company's cease trade order by the ASC. This forward-looking information is based, in part, on assumptions and factors that may change or prove to be incorrect, thus causing actual results, performance or achievements to be materially different from those expressed or implied by forward-looking information.

Security holders, potential security holders and other prospective investors should be aware that these statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Such risks include the factors discussed from time to time in Maple Leaf's filings with the Canadian Securities Authorities, copies of which can be found under Maple Leaf's profile on the SEDAR+ website at www.sedarplus.ca. Security holders, potential security holders and other prospective investors are cautioned not to place undue reliance on forward-looking information. By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. Maple Leaf undertakes no obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law.