Mr. Thomas Walker reports

WILDPACK ANNOUNCES UPDATE ON STATUS OF MANAGEMENT CEASE TRADE ORDER

Wildpack Beverage Inc. has provided an update on the status of its management cease trade order granted by the B.C. Securities Commission under National Policy 12-203 (Management Cease Trade Orders).

The MCTO was issued due to the company's inability to file its audited annual financial statements, related management's discussion and analysis, and chief executive officer and chief financial officer certifications for the year ended Dec. 31, 2025, by the April 30, 2026, deadline resulting in a default under Part 4 of National Instrument 51-102 (Continuous Disclosure Obligations).

The delay in filing the required filings is due to short-term cash constraints impacting the company. The company continues to actively work on addressing the cash constraints so that it can complete the required filings. The company currently does not have cash on hand or financing in place that would alleviate the short-term cash constraints.

The company remains committed to completing the filing as soon as practicable. The company wishes to clarify that this delay is purely administrative in nature and does not arise from any disagreement with its auditor. The MCTO will be in effect until the required filings are completed.

In accordance with NP 12-203, the company will provide biweekly status updates by way of news releases for so long as the required filings remain outstanding. The company does not anticipate any additional specified defaults under NP 12-203.

About Wildpack Beverage Inc.

Wildpack provides beverage manufacturing and packaging to the middle market by providing aluminum can filling, decorating, packaging, brokering and logistics to customers throughout the United States. Wildpack currently operates indirectly through its wholly owned subsidiaries and out of two facilities in Baltimore, Md.; and Austin, Tex. Wildpack commenced trading on the TSX Venture Exchange under the symbol CANS on May 19, 2021.

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