Mr. John Kueber reports

NEVIS BRANDS ANNOUNCES BOARD OF DIRECTORS CHANGES

Nevis Brands Inc. has made changes to its board of directors. John Bell has resigned as a director of the company, and Scott McGregor has been appointed to the board of directors to fill the vacancy created by Mr. Bell's departure, effective as of Nov. 2, 2026.

John Kueber, chief executive officer of Nevis Brands, expressed his appreciation for Mr. Bell's contributions to the board: "On behalf of the entire board and management team, I want to sincerely thank John Bell for his dedication, service and guidance to Nevis Brands. John's contributions have been instrumental during his tenure, and we wish him all the best in his future endeavours."

The company is pleased to welcome Scott McGregor to the board of directors. Mr. McGregor brings extensive corporate finance and capital markets expertise to Nevis. Over the course of his career, Mr. McGregor has participated in more than 140 financing transactions and helped raise over $2-billion in capital for companies across multiple sectors. His experience spans equity and debt financings, mergers and acquisitions, recapitalizations, public listings, capital pool companies, and strategic advisory assignments. He has advised management teams and boards through periods of growth, transformation and market change, combining strong execution capabilities with thoughtful strategic guidance.

Much of Mr. McGregor's career has been focused on the energy sector, where he developed extensive relationships with senior executives, institutional investors and industry leaders. He previously served as managing director and head of energy investment banking at Acumen Capital Partners, where he led corporate finance initiatives, created new business opportunities and executed more than 110 financing transactions that raised approximately $1.45-billion in capital. He most recently held a senior investment banking position at Mackie Research Capital, continuing to advise public and private companies on financing and strategic alternatives.

"We are thrilled to welcome Scott McGregor to our board of directors," added John Kueber, chief executive officer. "Scott's deep background in investment banking, capital markets execution and strategic advisory will be an invaluable asset to Nevis Brands as we continue to execute on our strategic growth initiatives and expand our business."

Pursuant to the company's stock option plan and subject to regulatory approval, the company has granted 200,000 stock options to Mr. McGregor. The options are exercisable into common shares in the capital of the company at an exercise price of five cents per share for a period of five years from the date of grant of the options. The shares to be issued on the exercise of the options will be subject to a hold period of four months and a day from the date of grant of the options.

About Nevis Brands Inc.

Nevis Brands is a leading developer and licensor of cannabis beverage products and brands. The company focuses on expanding its brand footprint through strategic licensing partnerships and innovative product offerings in licensed jurisdictions.

We seek Safe Harbor.