Ms. Sophya Komet reports

STICKIT ANNOUNCES CHANGES IN BOARD AND MANAGEMENT

Stickit Technologies Inc.'s board of directors has appointed Dr. Adi Zuloff-Shani as chief executive officer.

Additionally, the company is pleased to announce the appointment of Gabriel Kabazo and Nir Eliyahu to the board of directors as independent, non-executive directors, effective immediately. Mr. Kabazo will also chair the company's audit committee.

"We are thrilled to welcome Adi as our next CEO," said Ohad David, chair of the board. "Adi brings years of executive experience in global markets and a proven track record of driving operational excellence and sustainable growth. Furthermore, Gabriel Kabazo and Nir Eliyahu's deep expertise in finance will add immense value to our board as we expand our intellectual property portfolio."

Stickit's primary assets consist of patents and patent applications related to plant extracts, therapeutic compounds in smoking utensils and honey complexes. Stickit have already patents granted in United States, Europe, Israel and Canada. The Extra-C stick is created through a unique proprietary process, resulting in condensed cannabis oil presented in a toothpick-like matrix, allowing for the easy conversion of regular cigarettes into cannabis or hemp cigarettes.

Stickit operates from key facilities situated in Dalton, Northern Israel, these facilities are central to the company's research, development and manufacturing operations.

Stickit's operating model is to establish joint ventures in countries around the world where recreational cannabis is permitted. Each licensee/joint venture partner will establish a production facility in which they will add the cannabis content to sticks produced and supplied by Stickit. As part of those arrangements Stickit is expected to provide the joint venture with the know-how required to manufacture the finished product. The licensee/joint venture partner will produce the finished product, adding cannabis to the raw materials provided by Stickit, and will sell them either directly to the points of sale or through distributors. The licensee is expected to pay a set-up fee by investing the funds necessary to set up the local production facility. Each licensee will have exclusive rights to produce and market Stickit products in their designated territory.

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