Mr. Cristiano Veloso reports

VERDE'S CEO FILES EARLY WARNING REPORT

On Dec. 31, 2024, Cristiano Veloso, the chief executive officer of Verde Agritech Ltd., transferred 4,779,829 shares of Verde to a trust of which he is neither a beneficiary nor a trustee. Prior to the transfer, he held 9,559,659 shares and 3,342,511 options, representing approximately 18.57 per cent of the issued and outstanding shares on an undiluted basis and 22.37 per cent on a partially diluted basis. Following the transfer, he holds 4,779,830 shares and 3,342,511 options, representing approximately 9.28 per cent of the issued and outstanding shares on an undiluted basis and 14.08 per cent on a partially diluted basis.

The shares were transferred by Mr. Veloso for personal financial planning reasons.

Mr. Veloso has prepared an early warning reporting in accordance with the requirements of National Instrument 62-103 -- The Early Warning System and Related Take-Over Bid and Insider Reporting Issues that will appear under Verde's profile on SEDAR+.