Mr. Jonathan Or reports

BEYOND OIL ANNOUNCES GRANT OF OPTIONS TO NEW DIRECTOR

Beyond Oil Ltd., further to the news release dated Feb. 9, 2023, in which the company announced the appointment of Erez Winner to the board of directors, has granted Mr. Winner an option to acquire 200,000 common shares at an exercise price of 75 cents per share for a period of five years. These options will vest in equal portions over a period of three years, with the first tranche vesting on the date hereof and subsequent tranches on the annual anniversaries of the initial tranche. Mr. Winner has not previously been granted any options.

About Beyond Oil Ltd.

Beyond Oil develops and manufactures an innovative, proprietary and patented product designed to extend the life of frying oil while preserving the oil's quality and nutritional value. The unique product integrates into the existing filtration systems of both commercial and industrial fryers, reducing oil costs, helping create healthier food, decreasing waste and increasing sustainability.

We seek Safe Harbor.