Mr. Mark Vendramin of Properly reports

PROPERLY INVESTMENT COMPANY LTD. AND SPUR POINT CAPITAL INC. EARLY WARNING REPORT

On June 17, 2026, Properly Investment Company Ltd. agreed to transfer ownership of an aggregate of 1,599,691 common shares of Swiss Water Decaffeinated Coffee Inc. to its wholly owned subsidiary, Spur Point Capital Inc. The transaction will not occur through any stock exchange or other securities market.

The purchased shares will be acquired for aggregate consideration of $7,036,366, being approximately $4.399 per common share of the issuer, representing Properly's cost of the shares. Immediately prior to the transaction, Spur Point did not beneficially own or exercise control over any securities of the issuer. Immediately after completion of the transaction, Spur Point will own 1,599,691 common shares of the issuer, representing approximately 16.68 per cent of the issued and outstanding common shares of the issuer. Immediately prior to the transaction, Properly owned or exercised control over 1,599,691 common shares of the issuer, representing approximately 16.68 per cent of the issued and outstanding common shares of the issuer. Immediately after completion of the transaction, Properly will not own or exercise control over any securities of the issuer. The purchased shares will be acquired for investment purposes only. Spur Point and Properly may from time to time increase or decrease ownership or control of securities of Swiss Water depending on market conditions and/or other relevant factors.

As executive chairman of Spur Point and chief investment officer of Properly, Mark Vendramin will continue to exercise control and direction over the purchased shares following the transaction. Mr. Vendramin is also a director of Swiss Water.

A copy of the early warning reports with respect to the transaction has been filed on SEDAR+.

For further information or to obtain a copy of the early warning reports, please contact: Mr. Vendramin, chief investment officer, Properly, and executive chairman, Spur Point, at info@properlyinvestments.com or 403-862-4979.