Mr. Nick Brusatore reports

AFFINOR GROWERS ANNOUNCES CLOSING OF DEBT SETTLEMENT

Further to its news release dated June 27, 2025, Affinor Growers Inc. has settled debt with three creditors of the company in the amount of $365,757.79 in debt. In settlement of the debt, the company has issued 6,095,963 common shares in the capital of the company to the creditors at a deemed price of six cents per settlement share. The settlement shares are subject to a hold period of four months and one day in accordance with applicable securities laws.

The creditors include Nick Brusatore, an officer and director of the company, and 182564 Ontario Inc. (182 Ontario), which is controlled by Ben Hogervorst, a director of the company. Mr. Brusatore was issued 3,129,296 settlement shares and 182 Ontario was issued 2,666,667 settlement shares. The issuances of settlement shares to Mr. Brusatore and 182 Ontario constitute related party transactions, as defined in Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company is relying on the exemption from valuation requirement and minority approval pursuant to subsections 5.5(a) and 5.7(1)(a) of MI 61-101, respectively, as the securities do not represent more than 25 per cent of the company's market capitalization, as determined in accordance with MI 61- 101.

About Affinor Growers Inc.

Affinor is a publicly traded company listed on the Canadian Securities Exchange under the symbol AFI and on the OTC Pink under the symbol RSSFF. Affinor is focused on developing vertical farming technologies and using those technologies to grow fruits and vegetables in a sustainable manner.

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