Mr. Daniel Brody reports

EAT WELL INVESTMENT GROUP REPORTS SECOND QUARTER 2026 FINANCIAL RESULTS

Eat Well Investment Group Inc. has released its financial results for the three and six months ended June 30, 2026.

The quarter extends the operating momentum reported in the first quarter, with revenue, gross profit, gross margin and cash all improving in what is seasonally the slowest half of the company's year. This is the company's first results release since the British Columbia Securities Commission issued a full revocation of the company's cease trade order and the company's common shares resumed trading on the Canadian Securities Exchange on July 29, 2026.

Second quarter 2026 highlights:

• Revenue of $11,043,909, up 13.5 per cent from $9,728,813, a return to year-over-year revenue growth;
• Gross profit of $1,616,704, up 74 per cent from $926,825, with gross margin expanding to 14.6 per cent from 9.5 per cent;
• Net loss of $1,105,657, improved 17 per cent from $1,337,920 in Q2 2025;
• Cash of $6,949,607 at quarter-end, up from $5,989,647 at March 31, 2026;
• Subsequent to quarter-end, the BCSC issued a full revocation of the cease trade order (July 7, 2026) and the company's common shares resumed trading on the CSE (July 29, 2026).

First-half 2026 highlights:

• Gross profit of $3,428,318, up 36 per cent from $2,527,607; gross margin of 15.2 per cent versus 10.7 per cent, a 42-per-cent improvement;
• Positive cash flow from operating activities of $981,472;
• Revenue of $22,561,415, compared with $23,691,239 in first-half 2025, reflecting lower first-quarter volumes, partially offset by the return to year-over-year growth in the second quarter;
• Net loss reduced by 48 per cent to $2,411,887 from $4,621,614, in the company's seasonally slowest half.

Seasonality

Eat Well's business is seasonal. Pulse crops in Saskatchewan and Montana are harvested in late summer and early fall, and new-crop volumes move through the company's processing facilities in the months that follow. The first and second quarters are therefore typically the company's slowest of the year, with the majority of annual revenue and gross profit historically generated in the second half. In each of the last two calendar years, the second half accounted for approximately 60 per cent of annual revenue, and the fourth quarter was the company's strongest quarter of the year.

Chief executive officer commentary

"We are pleased with the continued improvement across our key operating metrics, which is proof of our committed hard work," commented Daniel Brody, president and chief executive officer of Eat Well. "Revenue grew 13.5 per cent, gross profit jumped 74 per cent, and gross margin expanded from 9.5 per cent to 14.6 per cent, all during our seasonally slowest stretch. We delivered these results while completing the audit and regulatory work required to bring the company back to good standing and resume trading. Our priorities remain consistent: refinance our higher-interest debt, fill the capacity we have already built and grow the parts of the business where we set prices rather than take them. We believe the company is well positioned to build on this momentum, and we thank our shareholders for their continued support."

Operational and regulatory update

On July 7, 2026, the BCSC issued a full revocation of the cease trade order that had been imposed in connection with the company's failure to file certain required continuous disclosure documents within prescribed deadlines. On July 29, 2026, the CSE reinstated the company's common shares for trading. The company's continuous disclosure record is now current, including audited annual financial statements for the years ended Dec. 31, 2023, 2024 and 2025 and all required interim filings. Management's focus for the balance of 2026 is on refinancing the company's higher-interest credit facilities and growing its highest-margin product lines.

The company filed its condensed interim consolidated financial statements and MD&A (management discussion and analysis) for the three and six months ended June 30, 2026, on SEDAR+ on Tuesday, Aug. 25, 2026, several days ahead of the 60-day filing deadline applicable to CSE-listed issuers. As part of its return to normal-course reporting, the company is working toward the 45-day interim filing timeline that applies to senior, non-venture issuers, the reporting standard required of Toronto Stock Exchange-listed companies.

About Eat Well Investment Group Inc.

Eat Well Investment Group is a publicly traded Canadian agricultural and food infrastructure company. The company operates pulse processing facilities in Saskatchewan and Montana, serving food ingredient and consumer markets across North America and internationally. The company's common shares trade on the CSE under the symbol EWG.

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