Mr. Phil Linton reports

DEVERON ANNOUNCES APPOINTMENT OF CFO

Carmelo Marrelli has resigned as chief financial officer of Deveron Corp., effective immediately. In addition, the company has appointed Akshay Shirodker as chief financial officer of Deveron.

Mr. Shirodker is a seasoned finance executive with a proven ability to drive financial excellence and operational efficiency. To date, his career has spanned various leadership roles, with his most recent position being the head of finance and operations at Opencare, a revenue generation technology platform for dental practices across North America, where he guided the company to profitability and helped double the platform's patient marketplace revenue. Prior to this, he played a pivotal role in the successful merger-and-acquisition efforts at UXP Systems, an identity management platform transforming how consumers interact with Tier 1 telecommunications providers, culminating in its acquisition by Amdocs. Mr. Shirodker is a chartered professional accountant earning his CPA designation during his tenure at KPMG.

"I am very excited to join the team at Deveron," said Mr. Shirodker. "The team has built and consolidated an impressive organization in the agriculture services and data space. I look forward to utilizing my expertise in finance and technology to further develop and execute the company's growth strategies for years to come."

"To begin, I would like to thank Carmelo Marrelli for his years of service and his contribution to the growth of Deveron," stated David MacMillan, president and chief executive officer of Deveron. "We are thrilled to welcome Akshay to our executive team. With Akshay's background in finance and operations, we believe he is prepared to leverage his extensive expertise and strategic insight in his role as CFO at Deveron. His commitment to innovation, financial discipline and mentorship positions him as a valuable asset and a leader within the company. We anticipate that his contributions will drive financial growth and operational excellence, furthering our organization's ongoing success."

In addition, the company announced that it has granted an aggregate of 500,000 stock options to purchase common shares of the company exercisable at a price of 34 cents per common share and expiring on Sept. 11, 2029, as part of the appointment. The common shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant and vest a third each year with the first vesting period being Sept. 10, 2024.

About Deveron Corp.

Deveron is an agriculture technology company that uses data and insights to help farmers and large agriculture enterprises increase yields, reduce costs and improve farm outcomes. The company employs a digital process that leverages data collected on farms across North America to drive unbiased interpretation of production decisions, ultimately recommending how to optimize input use. Its team of agronomists and data scientists build products that recommend ways to manage fertilizer, seed, fungicide and other farm inputs better. Additionally, it has a national network of data technicians who are deployed to collect various types of farm data, from soil to drone, that build a basis of its best-in-class data layers. Its focus is the United States and Canada, where one billion acres are actively farmed annually.

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