Mr. David Kinder reports

BIG ROCK ANNOUNCES AN ADDITION AND A REPLACEMENT TO THE BOARD OF DIRECTORS

Big Rock Brewery Inc. has made changes to its board of directors.

To support the strategy to expand the distribution and logistics business, the company, after an independent third party search process, has appointed Pat Carey to the board of directors, effective Jan. 5, 2026.

Mr. Carey is a Canadian business leader and the former president and chief executive officer of Wallace & Carey, one of Canada's largest independent distribution and logistics companies. He is also the co-founder of Sitewise Solutions, a software platform focused on optimizing warehousing and logistics operations for emerging brands and growth-stage businesses, primarily in Western Canada.

Mr. Carey holds a bachelor of commerce degree (finance) from Acadia University, and brings extensive executive leadership and board experience to the company.

Director replacement

The company also announces that Don Noone, VN Capital's board representative, has resigned, effective Dec. 31, 2025.

James Vanesak, also from VN Capital, has been appointed to the board. Mr. Vanesak is the sole principal of VN Capital Management LLC, a value-investing firm he co-founded in 2002. Mr. Vanasek was formerly chairman of the board at Ceres Global Ag Corp. Prior to forming VN Capital, Mr. Vanasek spent the previous 3.5 years working at JPMorgan Chase & Co.

He is a member of the New York State Bar Association. Mr. Vanasek earned a BA degree from Yale University, a JD degree from Columbia University law school and an MBA degree from Columbia University Business School.

The board would like to thank Mr. Noone for his service and valuable contributions during his tenure.