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Vancouver, B.C., Houston, Texas – March 9th, 2026 - TheNewswire – CleanGo Innovations Inc. (CSE:CGII) (OTC:CLGO.F) (FRA:APO.F) ("CleanGo" or the "Company"), a global leader in proprietary green technology solutions, CleanGo Innovations Inc. (the “Company”) and its wholly-owned subsidiary, Kubera Black previously announced on December 17, 2025 a non binding LOI with Freia Farmaceutici Srl. Today following a period of extensive due diligence, the Company has decided not to proceed with the acquisition of Freia Farmaceutici Srl .

The decision concludes a comprehensive evaluation process. While the Company recognizes the professional standing of Freia Farmaceutici Srl, the acquisition was ultimately determined not to align with the current strategic growth model of Kubera Black.

Strategic Rationale

The decision to move on from this acquisition was driven by a focus on capital efficiency and time-to-market:

• Growth Alignment: After thorough review, it was determined that Freia Farmaceutici Srl did not fit the specific high-growth targets currently mandated by the Company’s board.  

• Resource Allocation: The internal assessment concluded that the time and capital required to launch and scale the entity globally were excessive given the current global competitive landscape.  

• Asset Prioritization: CleanGo Innovations has decided to prioritize and pursue higher-growth properties that offer a more immediate fit for its global expansion strategy.  

Management Commentary

"We want to be clear that our decision is strictly based on our internal high-growth model and investment criteria," stated the leadership team at CleanGo Innovations. "There is nothing inherently wrong with Freia Farmaceutici Srl; they are a professional organization, but the

project simply required too much time and capital to bring forward for a global launch at this stage. We wish the team at Freia Farmaceutici Srl the very best of luck in all their future endeavors as we pivot our focus toward assets that better suit our rapid-scale objectives."

Future Outlook

CleanGo Innovations and Kubera Black remain committed to a disciplined acquisition strategy. By electing not to move forward with this transaction, the Company preserves its capital position and executive bandwidth to focus on more immediate, high-growth opportunities within its pipeline.

About CleanGo Innovations

CleanGo Innovations Inc. is an international, publicly traded company that specializes in the development of early-staged, green, non-toxic and sustainable products used in retail, commercial and industrial applications.

The company is proud of its suite of proprietary, Green Seal Certified non-toxic green products that are Health Canada approved to claim 99.9% disinfecting of viruses and bacteria on a hard surface. CleanGo’s portfolio is proud to be a part of Cruelty Free / Leaping Bunny as a certified product while being both family and pet safe. It is CleanGo’s mission to create the world’s leading non-toxic, green solutions for the worlds cleaning problems.

CleanGo Innovation’s experienced team brings new ideas and innovation based on science to find solutions to the problems of the current world we live in. Customers rely on quality, nontoxic products to keep their homes and business’s clean and their loved ones safe. CleanGo also has several Commercial and Industrial applications to solve many problems of the worlds heavier and large-scale cleaning problems.

On behalf of the CEO & Board of Directors

Anthony Sarvucci
Chief Executive Officer
CleanGo Innovations Inc.

For More information Contact:

info@cleangogreengo.com

Phone 1 346 202 6202

Forward-looking Information

This news release may contain forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian and U.S. securities legislation. Forward-looking statements can often be identified by words such as “will”, “plans”, “expects”, “may”, “intends”, “anticipates”, “believes”, proposes” or variations of such words including negative variations thereof and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Actual results could differ from those projected in any forward-looking statements due to numerous factors, including risks and uncertainties relating to general economic, market or business conditions or changes in laws, regulations and policies affecting the Company’s operations. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. Any forward-looking statements included in this news release are made as of the date hereof and the Company does not intend to update or revise any forward-looking statements, except as expressly required by law.

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