Mr. Brent Charleton reports

ENWAVE SIGNS EQUIPMENT PURCHASE AGREEMENT WITH MICRODRIED® FOR 60KW RADIANT ENERGY VACUUM MACHINE AND SIGNS LICENSE AMENDMENT

EnWave Corp. has signed an equipment purchase agreement and licence amendment with MicroDried, the company's longest-standing royalty partner.

MicroDried, a leading United States-based producer of premium fruit and vegetable ingredients, has utilized EnWave's radiant energy vacuum (REV) dehydration technology since 2012 to deliver clean-label, nutrient-dense ingredients to the world's top food brands. MicroDried's portfolio of superior quality products is expansive, and their customer base includes many of the largest global consumer packaged goods companies.

Pursuant to the purchase agreement, MicroDried will acquire an additional 60-kilowatt REV machine to support increased production capacity and meet accelerating demand across its diverse portfolio of shelf-stable, clean-label fruit and vegetable ingredients. MicroDried currently operates three large-scale vacuum-microwave drying lines in Nampa, Idaho. Further, MicroDried has the option to purchase a second additional 60 kW REV dehydration machine before July 31, 2025. If the second 60 kW REV machine is purchased, a preagreed bulk discount will be applied.

The amendment, signed concurrently with the purchase agreement, grants MicroDried exclusive rights to use REV technology for apple ingredient production in Washington, Oregon and Idaho -- further solidifying its leadership in vertically integrated, value-added fruit processing.

To date, EnWave's REV machinery is USMCA eligible and tariff free.

About EnWave Corp.

EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Delta, B.C., EnWave has developed a robust intellectual property portfolio, perfected its radiant energy vacuum (REV) technology, and transformed an innovative idea into a proven, consistent and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods.

With more than 50 royalty-generating partners spanning 24 countries and five continents, EnWave's licensed partners are creating profitable, never-before-seen snacks and ingredients, improving the quality and consistency of their existing offerings, getting to market faster with the company's patented technology, licensed machinery and expert guidance.

EnWave's strategy is to sign royalty-bearing commercial licences with food producers who want to dry better than freeze drying, rack drying and air drying, and enjoy the benefits of producing exciting new products with improved product taste, texture, colour and nutritional value.

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