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Toronto, Ontario – October 22, 2025 / TheNewswire / CULT Food Science Corp. (“CULT” or the “Company”) (CSE: CULT) (OTC: CULTF) (FRA: LN00), a disruptive food technology investment platform focused on making investments to pioneer the commercialization of lab-grown meat and cellular agriculture to reshape the global food industry, announces that it has entered into a debt settlement agreement (the “Debt Settlement ”) with an arm’s-length creditor to settle outstanding indebtedness totaling $132,500.

Pursuant to the Debt Settlement, the Company will issue an aggregate of 8,833,333 common shares (the “Shares ”) at a deemed price of $0.015 per Share, representing the Company’s 20-day volume-weighted average price. The Shares will be issued as free-trading securities, in reliance on section 2.24 of National Instrument 45-106 – Prospectus Exemptions.

The board of directors has determined that completing the Debt Settlement is in the best interests of the Company as it will preserve cash for working capital purposes and strengthen the Company’s balance sheet.

The Company also wishes to clarify information contained in its news release dated
August 22, 2025, announcing the closing of a prior debt settlement. That release stated that the Company issued 18,223,333 common shares in connection with the settlement. The Company wishes to correct that disclosure to confirm that it actually issued an aggregate of 9,390,000 common shares at a deemed price of $0.015 per Share pursuant to that transaction. All other terms of the previously announced settlement remain unchanged.

About CULT Food Science

CULT Food Science is a disruptive food technology investment platform focused on making investments to pioneer the commercialization of lab grown meat and cellular agriculture to reshape the global food industry. The Company’s investments may include the acquisition of equity, debt or other securities of publicly traded or private companies or other entities, financing in exchange for pre-determined royalties or distributions and the acquisition of all or part of one or more businesses, portfolios or other assets. The Company also provides operational, advisory, and commercialization support to select companies in its portfolio, including collaboration in launching new consumer brands and products. The Company’s objective is to reshape the global food system while enhancing long-term shareholder value through active stewardship and innovation.

Additional information can be found by viewing the Company's website at www.cultfoodscience.com or its regulatory filings on www.sedarplus.ca .

On behalf of the Board of Directors of the Company,

CULT FOOD SCIENCE CORP.

"Steve Vanry"

Steve Vanry, Chief Financial Officer

For further information about CULT Food Science Corp.:

Tel: + 1 (888) 733 - 8581

Email: IR@CULTFoodScience.com

Web: CULTFoodScience.com

Twitter: @CULTFoodScience

Forward-Looking Information:

This news release contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws (collectively, “forward-looking statements”). Forward-looking statements relate to future events or the anticipated performance of the Company and reflect management’s current expectations and assumptions. Forward-looking statements in this release include, without limitation, statements regarding the completion of the Debt Settlement, the issuance of Shares, the anticipated benefits of the Debt Settlement to the Company, and the preservation of cash for working capital purposes. Forward-looking statements are often, but not always, identified by words such as “anticipate”, “believe”, “plan”, “expect”, “intend”, “estimate”, “may”, “will”, “should”, “could”, and similar expressions. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to be materially different from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to: the risk that the Company may not complete the Debt Settlement on the terms described herein or at all; general business, economic, competitive, political and social uncertainties; the need for additional financing; reliance on key personnel; potential conflicts of interest; and volatility in the price and volume of the Company’s common shares. Additional risks and uncertainties are described in the Company’s most recent Management’s Discussion and Analysis and other disclosure filings, available under the Company’s profile on www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially. Accordingly, readers should not place undue reliance on forward-looking statements. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: CULT Food Science Corp.

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