Mr. Tomer Bar-Meir reports

ESHBAL REPORTS ESTIMATED Q1 2026 RECORD REVENUES

Eshbal Functional Food Inc. today provided an estimated revenue update for the first quarter ended March 31, 2026. The company estimates Q1 2026 revenues of approximately $5.3-million (U.S.), compared with $3,755,000 (U.S.) in Q1 2025. The revenues include revenues generated by the recently acquired operations.

Tomer Bar-Meir, chief executive officer, commented, "Q1 revenue growth reflects Eshbal's ongoing growth efforts including the integration of Dare to be Different Foods and Gluten Free Nation, two U.S.-based gluten-free companies acquired mid-February, 2026."

The estimated revenue figures disclosed herein are preliminary, have not been audited and are subject to change based on the completion of quarter-end financial closing procedures and final review by the company's management.

Year-end 2025 and Q4 2025 results are expected to be released in late April.

About Eshbal Functional Food Inc.

Eshbal Functional Food is a publicly traded food-tech company focused on building a scalable platform of gluten-free and health-oriented food brands across retail, food service and on-line channels in North America.

Since listing on the TSX Venture Exchange in 2025, the company has been executing a disciplined brand-focused roll-up strategy targeting established and emerging better-for-you brands with existing market presence and growth potential. Eshbal's model centres on acquiring controlling interests in complementary brands and integrating them into a centralized operating platform designed to enhance distribution reach, improve operational efficiency and support margin expansion.

Key execution milestones include securing United States brokerage representation to expand retail distribution, launching localized North American production in partnership with Queen Street Bakery, completing the acquisition of Gluten Free Nation and acquiring a majority interest in Dare to Be Different Foods. These transactions expand Eshbal's brand portfolio and provide immediate incremental revenue while strengthening its distribution and production footprint.

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