Mr. . Nick Brusatore reports

AFFINOR GROWERS CLOSES DEBT SETTLEMENT

Further to its news release dated June 11, 2026, Affinor Growers Inc. has closed the debt settlement with Karim Mohamedani (the creditor) to settle an aggregate of $20,376.99 in debt. In settlement of the debt, the company issued 407,540 common shares in the capital of the company to the creditor at a deemed price of five 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 issuance of settlement shares to Mr. Mohamedani constitutes a related party transaction 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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