Mr. Brent Charleton reports

ENWAVE SIGNS ROYALTY-BEARING COMMERCIAL LICENSE WITH U.S. SNACKING COMPANY, SELLS 10KW RADIANT ENERGY VACUUM MACHINERY

EnWave Corp. has signed a royalty-bearing, commercial licence agreement with a U.S. snack company, which has developed a line of ultrahealthy, extremely delicious, fruit- and vegetable-based products. The licensee has also legally confirmed its ability to claim its proprietary snack as the healthiest salty snack ever produced.

EnWave has been collaborating with the licensee for several months, helping to perfect the drying process for the licensee's proprietary formulas. As a result of these joint efforts, the licensee purchased a 10-kilowatt radiant energy vacuum dehydration machine for initial commercial production. The machinery will be installed at a large third party manufacturing partner of the licensee in Mexico before the end of 2025.

The licensee plans to launch its REV-dried products in Mexico in the first calendar quarter of 2026, with expansion planned into the U.S. market in 2027.

Under the commercial licence terms, the licensee has secured the global rights to produce its proprietary fruit- and vegetable-based snack products, so long as contracted annual minimum royalty requirements are met. Further, the licensee has the non-exclusive right to produce several fruit and vegetable snack products to be marketed under its own brand.

More detailed pertaining to the licensee will be released in conjunction with its official product launch in 2026.

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 technology, and transformed an innovative idea into a proven, consistent and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperform traditional drying methods in efficiency, capacity, product quality and cost.

With more than 50 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.

EnWave's strategy is to sign royalty-bearing commercial licences with food producers which want to dry better, faster and more economically than freeze drying, rack drying and air drying, and enjoy the following benefits of producing exciting new products, reaching optimal moisture levels up to seven times faster, and improving product taste, texture, colour and nutritional value.

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