Mr. Agustin Aldave reports

AGRINAM ACQUISITION CORPORATION ANNOUNCES AMOUNT OF REDEMPTIONS

Agrinam Acquisition Corp. has seen 2,526,246 Class A restricted voting shares deposited for redemption and not withdrawn, and the shares will accordingly be redeemed pursuant to the option to redeem provided to holders of Class A restricted voting shares in connection with the corporation's special meeting of shareholders held on March 12, 2024, whereat shareholders approved an ordinary resolution to extend the date by which the corporation has to consummate a qualifying acquisition from March 15, 2024, to Sept. 15, 2024.

The corporation expects that the amount for which each Class A restricted voting share that was deposited for redemption will be redeemed is approximately $11.2331745 (U.S.) before taking certain applicable withholding taxes into account.

About Agrinam Acquisition Corp.

Agrinam is a special-purpose acquisition corporation incorporated under the laws of the Province of British Columbia for the purpose of effecting, directly or indirectly, an acquisition of one or more businesses or assets, by way of a merger, amalgamation, arrangement, share exchange, asset acquisition, share purchase, reorganization or any other similar business combination within a specified period of time.

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