Mr. Evan Gappelberg reports

CEO ACQUIRES SECURITIES OF ARWAY CORP

Evan Gappelberg has acquired ownership and control of an aggregate of 3,786,363 common shares of ARway Corp., effective Feb. 21, 2025. The subject shares were acquired in a private placement transaction.

The acquirer acquired ownership and control of the subject shares, representing approximately 10.2 per cent of all issued and outstanding common shares of the company as of Feb. 21, 2025, representing a corresponding increase in the acquirer's securityholding percentage in the company.

Immediately before the acquisition, the acquirer held an aggregate of 2,753,932 shares and convertible securities, entitling the acquirer to acquire an additional one million shares, representing approximately 8.3 per cent of all issued and outstanding shares (and approximately 10.9 per cent assuming exercise of such convertible securities only). Immediately following the acquisition, the acquirer held an aggregate of 6,540,295 shares and convertible securities, entitling the acquirer to acquire an additional one million shares, representing approximately 17.6 per cent of all issued and outstanding shares (or 19.8 per cent assuming exercise of such convertible securities only), as of Feb. 21, 2025.

None of the subject shares were acquired through the facilities of any stock exchange. The holdings of securities of the company by the acquiror are managed for investment purposes, and the acquiror and his joint actors could increase or decrease their respective investments in the company at any time, or continue to maintain their current investment position, depending on market conditions or any other relevant factor.

Additional information

A copy of the applicable securities report filed in connection with the matters set forth above may be obtained by contacting: ARway, PO box 64039, Toronto Rpo Royal Bank Plaza, Toronto, Ont., M5J 2T6.

We seek Safe Harbor.