Subject: EWG Press Release
Word Document
File: '\\swfile\EmailIn\20260506 164234 Attachment EWG_-_News_Release_All_Filings_Complete_V6.docx'
LEGAL_46342357.3
EAT WELL COMPLETES ALL OUTSTANDING FINANCIAL DISCLOSURE OBLIGATIONS AND SUBMITS APPLICATION TO RESUME TRADING
VANCOUVER, BC, May 6, 2026 - Eat Well Investment Group Inc. (CSE: EWG) (US: EWGFF) (FSE: 6BC0) ("Eat Well" or the "Company"), a Canadian agribusiness focused on premium pulse processing and sustainable food ingredients, is pleased to announce the completion of outstanding continuous disclosure obligations and the submission of its application to the British Columbia Securities Commission ("BCSC") and the Ontario Securities Commission ("OSC") to seek a full revocation of its Cease Trade Order ("CTO") and resume trading on the Canadian Securities Exchange ("CSE").
The Company has filed its audited consolidated financial statements and accompanying Management's Discussion & Analysis ("MD&A") for the fiscal years ended December 31, 2023, 2024, and 2025, as well as unaudited quarterly condensed interim consolidated financial statements and MD&As for all quarters of fiscal 2024 and fiscal 2025. All filings are available on SEDAR+.
FY2025 Financial Highlights
For the fiscal year ended December 31, 2025, the Company reported:
Revenue of $53.2 million (FY2024: $54.3 million)
Gross Profit of $6.9 million, a 16% improvement over FY2024 gross profit of $5.9 million
Net Loss of $6.1 million, improved from $7.0 million in FY2024, including $2.8 million in one-time refinancing fees
Cash of $6.6 million at December 31, 2025, up from $4.6 million at December 31, 2024
The improvement in gross profit reflects continued focus on processing margin, operational efficiency, and disciplined cost management across the Company's facilities in Saskatchewan, Canada and Montana, United States. Revenue was modestly lower year-over-year, consistent with commodity market dynamics and the broader pulse pricing environment.
"Filing our FY2025 audit on time and submitting our application to resume trading is a significant step in getting the Company back on track. We've rebuilt our entire financial reporting infrastructure from the ground up, and today's filing brings us completely current across every outstanding obligation. The numbers tell a straightforward story, gross profit up 16%, cash up, and net loss down, which includes the $2.8 million one-time refinancing fees and non-cash costs such as depreciation and amortization.
We operate in a cyclical industry and FY2025 reflects that, but more importantly, it reflects a business trending in the right direction. Additionally, the policy environment on both sides of the border is as constructive as it's ever been for what we do. The US has committed over $13 billion to farmer support and food supply security, the Make America Healthy Again ("MAHA") movement is driving real consumer and policy momentum toward clean, whole-food protein sources like pulses; and Canada has named pulses a priority sector for market diversification, including a commitment from Farm Credit Canada to deploy $5 billion of new capital into Canadian agriculture by 2030. We operate in both markets, we process in both countries, and we are directly in the path of these tailwinds.
We've divested non-core assets, sharpened our focus entirely on sustainable agriculture and food security, and restored the reporting standards this company needs to operate at the level our shareholders deserve. To those shareholders: your patience has been appreciated, and it won't be forgotten. More to come soon," commented Daniel Brody, President, CEO & Director.
About Eat Well Group
Eat Well Investment Group Inc. (CSE: EWG) is a Canadian agribusiness company operating pulse processing facilities in Saskatchewan, Canada and Montana, United States. The Company processes and distributes premium lentils, peas, and other pulse crops to customers across more than 35 countries. Backed by over 50 years of operational history and a team of over 50 employees, Eat Well is focused on sustainable agriculture and the growing global demand for high-quality proteins.
To learn more, join Eat Well's mailing list for important updates.
Contact Information
Eat Well Investment Group Inc.
Daniel Brody, President, CEO & Director
ir@eatwellgroup.com
www.eatwellgroup.com
Disclaimer for Forward-Looking Statements
This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable Canadian securities legislation (collectively "forward-looking statements"). Forward-looking statements are often, but not always, identified by the use of words such as "seek," "anticipate," "believe," "plan," "estimate," "expect," "likely" and "intend" and statements that an event or result "may," "will," "should," "could" or "might" occur or be achieved and other similar expressions. These forward-looking statements include, but are not limited to, statements related to the completion of the Private Placement, the filing of the Annual Filings and the Interim Filings, and other delayed filings, the Company's application for a full revocation of the CTO, the resumption of trading of the Company's shares on the CSE, future developments and the business and operations of the Company. Such forward-looking statements should not be unduly relied upon. Forward-looking information is based on assumptions that may prove to be inaccurate. The Company considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those expressed or implied in the forward-looking information, including the business, financial, credit and other market risks. The forward-looking statements in this news release are made as of the date of this release. The Company disclaims any intention or obligation to update or revise such information, except as required by applicable law. For more information on the Company and the risks and challenges of its business, investors should review the Company's continuous disclosure filings that are available at www.sedarplus.ca.
PDF Document
File: Attachment EWG_-_News_Release_All_Filings_Complete_V6.pdf
EAT WELL COMPLETES ALL OUTSTANDING FINANCIAL DISCLOSURE OBLIGATIONS AND
SUBMITS APPLICATION TO RESUME TRADING
VANCOUVER, BC, May 6, 2026 Eat Well Investment Group Inc. (CSE: EWG) (US: EWGFF) (FSE:
6BC0) ("Eat Well" or the "Company"), a Canadian agribusiness focused on premium pulse processing
and sustainable food ingredients, is pleased to announce the completion of outstanding continuous
disclosure obligations and the submission of its application to the British Columbia Securities Commission
("BCSC") and the Ontario Securities Commission ("OSC") to seek a full revocation of its Cease Trade
Order ("CTO") and resume trading on the Canadian Securities Exchange ("CSE").
The Company has filed its audited consolidated financial statements and accompanying Management's
Discussion & Analysis ("MD&A") for the fiscal years ended December 31, 2023, 2024, and 2025, as well
as unaudited quarterly condensed interim consolidated financial statements and MD&As for all quarters of
fiscal 2024 and fiscal 2025. All filings are available on SEDAR+.
FY2025 Financial Highlights
For the fiscal year ended December 31, 2025, the Company reported:
dot Revenue of $53.2 million (FY2024: $54.3 million)
dot Gross Profit of $6.9 million, a 16% improvement over FY2024 gross profit of $5.9 million
dot Net Loss of $6.1 million, improved from $7.0 million in FY2024, including $2.8 million in one-time
refinancing fees
dot Cash of $6.6 million at December 31, 2025, up from $4.6 million at December 31, 2024
The improvement in gross profit reflects continued focus on processing margin, operational efficiency,
and disciplined cost management across the Company's facilities in Saskatchewan, Canada and
Montana, United States. Revenue was modestly lower year-over-year, consistent with commodity market
dynamics and the broader pulse pricing environment.
"Filing our FY2025 audit on time and submitting our application to resume trading is a significant step in
getting the Company back on track. We've rebuilt our entire financial reporting infrastructure from the
ground up, and today's filing brings us completely current across every outstanding obligation. The
numbers tell a straightforward story, gross profit up 16%, cash up, and net loss down, which includes the
$2.8 million one-time refinancing fees and non-cash costs such as depreciation and amortization.
We operate in a cyclical industry and FY2025 reflects that, but more importantly, it reflects a business
trending in the right direction. Additionally, the policy environment on both sides of the border is as
constructive as it's ever been for what we do. The US has committed over $13 billion to farmer support
and food supply security, the Make America Healthy Again ("MAHA") movement is driving real consumer
and policy momentum toward clean, whole-food protein sources like pulses; and Canada has named
pulses a priority sector for market diversification, including a commitment from Farm Credit Canada to
deploy $5 billion of new capital into Canadian agriculture by 2030. We operate in both markets, we
process in both countries, and we are directly in the path of these tailwinds.
We've divested non-core assets, sharpened our focus entirely on sustainable agriculture and food
security, and restored the reporting standards this company needs to operate at the level our
shareholders deserve. To those shareholders: your patience has been appreciated, and it won't be
forgotten. More to come soon," commented Daniel Brody, President, CEO & Director.
About Eat Well Group
LEGAL_46342357.3
Eat Well Investment Group Inc. (CSE: EWG) is a Canadian agribusiness company operating pulse
processing facilities in Saskatchewan, Canada and Montana, United States. The Company processes
and distributes premium lentils, peas, and other pulse crops to customers across more than 35 countries.
Backed by over 50 years of operational history and a team of over 50 employees, Eat Well is focused on
sustainable agriculture and the growing global demand for high-quality proteins.
To learn more, join Eat Well's mailing list for important updates.
Contact Information
Eat Well Investment Group Inc.
Daniel Brody, President, CEO & Director
ir@eatwellgroup.com
www.eatwellgroup.com
Disclaimer for Forward-Looking Statements
This news release contains certain forward-looking information and forward-looking statements within the
meaning of applicable Canadian securities legislation (collectively "forward-looking statements"). Forward-
looking statements are often, but not always, identified by the use of words such as "seek," "anticipate,"
"believe," "plan," "estimate," "expect," "likely" and "intend" and statements that an event or result "may,"
"will," "should," "could" or "might" occur or be achieved and other similar expressions. These forward-looking
statements include, but are not limited to, statements related to the completion of the Private Placement,
the filing of the Annual Filings and the Interim Filings, and other delayed filings, the Company's application
for a full revocation of the CTO, the resumption of trading of the Company's shares on the CSE, future
developments and the business and operations of the Company. Such forward-looking statements should
not be unduly relied upon. Forward-looking information is based on assumptions that may prove to be
inaccurate. The Company considers these assumptions to be reasonable in the circumstances. However,
forward-looking information is subject to business and economic risks and uncertainties and other factors
that could cause actual results of operations to differ materially from those expressed or implied in the
forward-looking information, including the business, financial, credit and other market risks. The forward-
looking statements in this news release are made as of the date of this release. The Company disclaims
any intention or obligation to update or revise such information, except as required by applicable law. For
more information on the Company and the risks and challenges of its business, investors should review the
Company's continuous disclosure filings that are available at www.sedarplus.ca.
LEGAL_46342357.3
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