Mr. Nick Brusatore reports

AFFINOR GROWERS ANNOUNCES CLOSING OF SECOND AND FINAL TRANCHE OF UNIT FINANCING

Further to its news releases dated Aug. 10, 2026, and Sept. 1, 2026, Affinor Growers Inc. has completed a second and final tranche of its non-brokered private placement issuing 1,775,000 units of the company at a price of four cents unit for gross proceeds of $71,000. Each unit consists of one common share in the capital of the company and one share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional share at a price of 10 cents per warrant share for a period of 24 months from the date of distribution.

Over the two tranches, the company issued an aggregate of 2,525,000 units for total gross proceeds of $101,000.

The company intends to use the net proceeds from the private placement for general working capital purposes.

No finders' fees were paid in connection with the financing.

An insider of the company participated in the financing and was issued an aggregate of 900,000 units for gross proceeds of $36,000. The issuance constitutes a related party transaction as defined in Multilateral Instrument 61-101, Protection of Minority Securityholders 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.

All securities issued in connection with the private placement will be subject to a statutory hold period of four months and one day following the date of issuance in accordance with applicable Canadian securities laws.

The company would also like to announce that, further to its news release dated Sept. 16, 2026, the exercise price of the 500,000 stock options issued has been amended to 5.5 cents per share.

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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