Mr. Andrew Barnes reports

COHO COLLECTIVE KITCHENS ANNOUNCES EXTENSION OF OUTSIDE DATE FOR ACQUISITION OF PUREBREAD

Coho Collective Kitchens Inc. has provided an update on the acquisition of Purebread Bakery Inc. that was previously announced on May 29, 2023.

Further to Coho's announcement on July 31, 2023, Purebread's existing owners and the company have agreed to extend the outside date of the definitive purchase agreement executed in connection with the acquisition from Aug. 31, 2023, to Sept. 19, 2023. The extension will allow Coho and the Purebread vendors to finalize remaining documentation and facilitate concurrent closings of the acquisition and the previously announced equity financing, term credit facility and revolving credit facility necessary to support the acquisition. These transactions are further described in the company's news releases dated May 29, 2023, and July 31, 2023.

Other than the extension, the purchase agreement is otherwise unamended as of the date hereof.

About Coho Collective Kitchens Inc.

Coho is a growing player in commercial real estate and food technology, operating fast casual restaurants and shared kitchen facilities. As Canada's largest shared kitchen company, Coho is expanding its presence and services. Through combined efforts, Coho and Purebread strive to positively impact the communities in which they operate.

We seek Safe Harbor.