Mr. Mark Munford, a shareholder, reports

ACQUISITION OF ADDITIONAL EQUITY INTEREST OF GOOD NATURED PRODUCTS INC.

On March 21, 2024, pursuant to the first tranche close of a non-brokered private placement financing with Good Natured Product Inc., Mark Munford (the shareholder) acquired an aggregate of five million units of the company issued at a price of six cents per unit with a total value of $300,000, requiring disclosure pursuant to the early warning requirements of applicable securities laws. The transaction did not take place on a market.

Each unit consists of one common share in the capital of the company and one common share purchase warrant. Each warrant entitles the shareholder to purchase one common share at a price of eight cents per common share until the date which is 30 months from the date of issuance.

Immediately prior to completion of the first tranche close, the shareholder owned, directly and indirectly, an aggregate of 36,068,890 common shares, representing 12.92 per cent of the outstanding common shares (calculated on an undiluted basis), and 25,178,570 warrants.

Upon completion of the first tranche close, the shareholder now owns, directly and indirectly, an aggregate of 41,068,890 common shares, representing 13.94 per cent of the outstanding common shares (calculated on an undiluted basis), and 30,178,570 warrants.

Thus, on a partially diluted basis (that is, assuming full exercise of all warrants held by the shareholder and no other issuances of shares by the company), the shareholder would hold a total of 71,247,460 shares (36,068,890 plus 25,178,570), representing approximately 24.18 per cent (277,544,256 I&O postclosing plus 25,178,570 warrants divided by 61,247,460) of the company's issued and outstanding shares.

The shareholder may, from time to time and depending on market and other conditions and subject to the requirements of applicable securities laws, dispose or acquire additional common shares through market transactions, private agreements, treasury issuances, exercise of options or otherwise (if and when granted), or may, subject to the requirements of applicable securities laws, sell all or some portion of the common shares they own or control, or may continue to hold the common shares.

This news release is being disseminated as required by National Instrument 62-103 -- The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report by the shareholder in respect of the transaction, to be filed with the applicable securities regulators containing additional information with respect to the foregoing matters. A copy of the early warning report will be filed by the shareholder in accordance with applicable securities laws and will be available on the company's issuer profile on SEDAR+.

The company's head office is located at 814-470 Granville St., Vancouver, B.C., V6C 1V4.

For further information or to obtain a company of the early warning report filed in connection with this press release, please contact: Mr. Munford, director, Muntech Products Inc., 453 Crowe River Rd., Campbellford, Ont., K0L 1L0; telephone: 1-800-592-0619.