An anonymous representative of Jeffs Brands reports

JEFFS' BRANDS LTD - EARLY WARNING REGARDING ACQUISITION OF COMMON SHARES IN CONNECTION WITH SHARES FOR DEBT TRANSACTION OF FORT TECHNOLOGY INC.

Pursuant to the requirements of applicable securities laws, Jeffs Brands Ltd. issued the following news release on Dec. 31, 2025, regarding the acquisition of 3,401,603 common shares in the capital of Fort Technology Inc. at a deemed issue price of 99 cents per share as full settlement of outstanding debt owed by the company to Jeffs Brands in the amount of $2,462,767 (U.S.) converted into $3,367,587.60 (Canadian) based on the Bank of Canada exchange rate on Dec. 24, 2025. The transaction took place as an issuance from treasury with the approvals of the TSX Venture Exchange and disinterested shareholders representing at least 50 per cent of the shares of the company not held by Jeffs Brands.

The debt settlement triggered the requirement to file an early warning report.

Immediately prior to the debt settlement, Jeffs Brands held 14,285,714 shares and 9,428,571 contingent rights of the company, representing approximately 75.02 per cent on a non-diluted basis and 83.29 per cent of the issued and outstanding shares on a partially diluted basis. On Oct. 1, 2025, the company completed a share consolidation on the basis of seven preconsolidation shares for one postconsolidation share, and the number of shares and contingent rights disclosed were accordingly adjusted since Jeffs Brands' initial July 7, 2025, early warning report and related press release. Immediately following the completion of the debt settlement, Jeffs Brands held 17,687,317 shares and 9,428,571 contingent rights of the company, representing approximately 77.83 per cent on a non-diluted basis and 84.33 per cent of the issued and outstanding shares on a partially diluted basis. The deemed value of the acquired shares is 99 cents per share. The 9,428,571 contingent rights are exercisable into an equal number of shares contingent upon meeting certain predetermined milestones.

The holdings in securities of the company by Jeffs Brands are for investment purposes. Jeffs Brands does not currently have plans to acquire additional securities or dispose of its holdings in the company. However, it may acquire or dispose of securities depending on market conditions, changes in plans or other relevant factors, subject in each case to applicable securities law.

A copy of the related early warning report may be obtained from the SEDAR+ website or from Jeffs Brands at 972-545-330-073, or by e-mail at ronen@jeffsbrands.com.