Mr. Brent Charleton reports

ENWAVE RECEIVES SECOND PROGRESS PAYMENT FOR EQUIPMENT PURCHASE AGREEMENT WITH PROCESCIR S.A. DE C.V. OF MEXICO FOR 120KW RADIANT ENERGY VACUUM MACHINERY; SCHEDULED COMMISSIONING IN NEXT THREE MONTHS

EnWave Corp. has received the second progress payment pursuant to a previously announced equipment purchase agreement signed with Procescir S.A. de C.V., for a 120-kilowatt Radiant Energy Vacuum (REV) machine for the commercial production of several fruit and vegetable products in Mexico. Procescir is a leading Mexican agriculture company that is vertically integrated.

Procescir will produce private-label and branded snack products, as well as offer toll drying services for established and emerging snack and ingredient brands. Concurrent with the payment, Procescir secured a two-year toll drying agreement with a leading American healthy snack company. EnWave expects that majority of Procescir's 120 kW REV manufacturing capacity will be allocated to the tolling agreement, improving the company's royalty portfolio.

In anticipation of this payment and the company's sales pipeline, EnWave began manufacturing a 120 kW REV machine in late 2024, allowing for the delivery of Procescir's 120 kW REV machine in July, 2025. Concurrent with this payment, EnWave will immediately begin building an additional large-scale REV machine to fulfill prospective future sales.

About Procescir S.A. de C.V.

Procescir is a vertically integrated agro-industrial company, with farming operations in northwest Mexico since 1960. They began commercializing frozen vegetables in 2022, when they started production at their newest processing plant in Hermosillo, Sonora. Procescir's processes comply with the highest standards in quality and food safety, delivering the best products to their customers.

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 in efficiency, capacity, product quality and cost. With more than fifty 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, running leaner and getting to market faster with the company's patented technology, licensed machinery and expert guidance.

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