Mr. Kip Underwood reports

BURCON INSIDERS INCREASE COMMITMENT TO PARTICIPATE IN NON-BROKERED PRIVATE PLACEMENT OF CONVERTIBLE DEBENTURES

Burcon NutraScience Corp. insiders have increased their commitment to participating in the previously announced non-brokered private placement (see news release of the company dated Nov. 12, 2025) of convertible debentures.

"Burcon insiders and its largest shareholders have once again shown confidence in our business plan and sales trajectory by expanding their investment," said Kip Underwood, Burcon's chief executive officer. "Their continued support underscores the commercial momentum we carry into 2026 and reinforces our ability to execute and deliver value for shareholders."

Burcon previously announced insider participation at a minimum of $2.0-million in principal amount. Since Nov. 12, 2025, Burcon has received strong interest from potential investors in the offering, including increased interest from insiders. Burcon anticipates the increased insider participation in the offering could necessitate disinterested shareholder approval.

The offering was expected to close on or about Nov. 28, 2025. Given the increased interest in the offering and the timing required to obtain shareholder approval, the timeline for closing the offering will be extended. The company is working with its key investors to finalize the terms and conditions of the offering, which may change from what was previously announced. The offering is subject to execution of subscription agreements by the placees and to certain conditions, including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the Toronto Stock Exchange and disinterested shareholders.

About Burcon NutraScience Corp.

Burcon is a global technology leader in high performance plant-based proteins for the food and beverage industry. Its commercial ingredients offer superior taste, texture and functionality -- ideal for formulators seeking next-generation protein solutions. Backed by over two decades of innovation, Burcon holds an extensive patent portfolio covering novel proteins derived from pea, canola, soy, hemp, sunflower and other plant sources. As a key player in the rapidly growing plant-based market, Burcon is committed to sustainability and to creating best-in-class protein solutions that are better for people and the planet.

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