Mr. Ashish Malik reports

BEE VECTORING TECHNOLOGIES CLOSES DEBT SETTLEMENT

Bee Vectoring Technologies International Inc. has closed the debt settlement agreements previously announced on Dec. 22, 2023, with certain creditors. Pursuant to the settlement agreements, the company issued an aggregate of 18,833,334 common shares at a deemed price of six cents per common share to the creditors in full satisfaction of outstanding cash payments due in the amount of $1.13-million.

The securities issued pursuant to the settlement agreements have a statutory hold period in accordance with applicable securities laws, which will expire on May 4, 2024.

About Bee Vectoring Technologies International Inc.

Bee Vectoring, an agriculture technology company, is a market disruptor with a significant global market opportunity in the $240-billion crop protection and fertilizer market. Bee Vectoring has pioneered a natural precision agriculture system that replaces chemical pesticides and wasteful plant protection product spray applications by delivering biological pesticide alternatives to crops using commercially grown bees. Bee Vectoring's award-winning technology, precision vectoring, is completely harmless to bees and allows minute amounts of naturally derived pesticides (called biologicals) to be delivered directly to blooms, providing improved crop protection and yield results than traditional chemical pesticides, and improving the health of the soil, the microbiome and the environment. Currently, Bee Vectoring has 55 granted patents and over 35 patents pending in all major agricultural countries worldwide, and has U.S. Environmental Protection Agency registration of its Vectorite with CR-7 (EPA registration No. 90641-2) for sale as a registered biological fungicide for use on the labelled crops.

We seek Safe Harbor.