Mr. Najib Maalouf reports

GOODFOOD PROVIDES UPDATE ON TSX LISTING STATUS

The Toronto Stock Exchange (the TSX) has converted their delisting review of Goodfood Market Corp. from their expedited review process to their remedial review process. The TSX had initially applied the expedited review when the company secured on Aug. 5, 2026, court approval to proceed under the Companies' Creditors Arrangement Act (the CCAA).

As a result of this decision, Goodfood has now been granted 60 days to establish compliance with the listing requirements of the TSX.

Goodfood remains committed to the completion of its court-ordered sale and investment solicitation process (the SISP) in connection with the company's operating under the CCAA as announced on Aug. 14, 2026. Under this sales process, binding offers for all of its assets (excluding its equity interest in Genuine Tea, which is being sold under a parallel but separate process) are due by no later than Sept. 28, 2026.

Any party interested in participating in the SISP should contact the monitor for additional information regarding the process and the delisting review.

Raymond Chabot Inc., in its capacity as court-appointed monitor of Goodfood Market:

600, rue De La Gauchetiere Ouest

Bureau 2000

Montreal, Que., H3B 4L8

Attention: Gautier Pechadre

E-mail: pechadre.gautier@rcgt.com

Goodfood continues to operate and serve customers across Canada. Customers continue to place orders, and the company expects to continue fulfilling customer orders in the ordinary course throughout the restructuring process.

The company is also working with its suppliers and business partners in the ordinary course and remains focused on maintaining strong commercial relationships. For goods and services provided after the CCAA filing date, the company anticipates that its obligations to suppliers will continue to be addressed in accordance with existing commercial arrangements.

Goodfood's board of directors and management team remain in place, and management continues to be responsible for the day-to-day operation of the business. The SISP forms part of the company's broader financial restructuring and does not change management's focus on operating the business, serving customers and implementing the company's turnaround plan.

Court materials and other information relating to the company's CCAA proceedings, including the order approving the SISP and the SISP procedures, are available on the monitor's website. The company will provide further updates as material developments occur.

About Goodfood Market Corp.

Goodfood is Canada's leading digitally native meal solutions brand, delivering fresh meals that make it easy for customers nationwide to enjoy delicious, sustainable meals at home. Goodfood connects partner farms and suppliers directly to customers' kitchens, reducing food waste and retail overhead. Headquartered in Montreal, Que., with production facilities in Quebec and Alberta, Goodfood is building Canada's most-loved millennial food brand.

We seek Safe Harbor.