Mr. Ashish Malik reports

BEE VECTORING TECHNOLOGIES ANNOUNCES DEBT SETTLEMENT

Bee Vectoring Technologies International Inc. has entered into a debt settlement agreement to fully settle outstanding debts owed to a creditor for corporate back-office services rendered. Pursuant to the settlement agreement, the company has agreed to issue an aggregate of 937,540 common shares at a deemed price of 3.9887023 cents per share, based on a 20-day VWAP (volume-weighted average price).

The company anticipates closing the share settlement on or about April 2, 2024. The share settlement will settle $37,395.68 in debts owed to the creditor, which is a full settlement for the total amount of bona fide debts owed to the creditor.

The board of directors of the company has determined that it is in the best interests of the company to settle the outstanding debts by the issuance of the shares in order to preserve the company's cash for working capital.

The company will be relying on the employee, executive officer, director and consultant exemption contained in Section 2.24 of National Instrument 45-106, Prospectus Exemptions, to issue the shares to the creditor. The Canadian Securities Exchange has waived the requirement to impose a four-month-and-one-day hold period on the shares.

The company also announces that further to its new release dated March 15, 2024, it has issued 1,478,776 shares at a price of 4.26 cents per share to settle a semi-annual interest payment due to Sorbie Bornholm LP pursuant to the issuance of 1,900 notes for gross proceeds of $1.9-million from the private placement that closed on July 12, 2022.

Pursuant to applicable Canadian securities laws, the settlement shares issued pursuant to the Sorbie private placement have been issued under prospectus exemptions that do not require any hold periods or resale restrictions.

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 over 55 granted patents and many more patents pending in all major agricultural countries worldwide, and has U.S. Environmental Protection Agency (EPA) 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.