Mr. Sean Black reports

HAPPY BELLY FOOD GROUP'S IQ FOOD CO. ANNOUNCES THE GRAND OPENING OF ITS NEWEST LOCATION IN TORONTO, ONTARIO

Happy Belly Food Group Inc. will open its newest iQ Food Co. restaurant, opening this Saturday, April 25, 2026, at 1092 Queen St. West, Toronto, Ont. iQ is a premium healthy-eating quick-service restaurant (QSR) known for its vibrant menu of nourishing, clean-eating dishes including healthy bowls, smoothies, sandwiches, soups and salads, crafted to satisfy a wide range of tastes and lifestyles.

"Following the strong performance and operational success of our iQ location at the Shops at Don Mills, we're excited to replicate that momentum with our newest corporate store, further validating the scalability of our corporate model," said Sean Black, chief executive officer of Happy Belly. "This premier corner location on Queen Street West in Toronto, complete with available parking, is ideally situated at a high-traffic pedestrian intersection in one of the city's most vibrant neighbourhoods. It offers exceptional visibility and accessibility. The area's young, urban and health-conscious demographic comprised of professionals, students and active lifestyle enthusiasts aligns perfectly with iQ Food Co.'s fresh, wellness-driven menu. We're excited to introduce this dynamic brand to a community that values nutritious, convenient and high-quality dining experiences."

This location marks iQ's eighth location in Ontario's Greater Toronto Area, and the fourth new location since Happy Belly acquired the brand in Q4 2025. iQ serves a variety of delicious and wholesome food options such as healthy bowls, smoothies, sandwiches, soups and salads, along with other flavourful clean-eating dishes that the whole family can enjoy. iQ caters to thousands of health-conscious customers fostering strong brand recognition and a loyal customer base driven by word-of-mouth and most importantly, satisfied customers.

The company's growth momentum is supported by Happy Belly's broader platform, which includes 666 contractually committed franchise locations across multiple emerging brands at various stages of development, construction and operation. The company's dual-expansion strategy combining franchised growth with targeted corporate store openings underscores Happy Belly's commitment to disciplined, predictable growth as it advances toward becoming Canada's leading restaurant consolidator.

"We are just getting started," said Sean Black.

About iQ Food Co.

iQ is a flagship brand in Canada's premium healthy eating market and is strategically located in urban and central business districts. iQ serves a variety of delicious and wholesome food options such as healthy bowls, smoothies, sandwiches, soups and salads, along with other flavourful clean-eating dishes that the whole family can enjoy. iQ caters to thousands of health-conscious customers from local businesses, while expanding into catering services to service an even greater audience in downtown densely populated areas. This strategy has fostered strong brand recognition and a loyal customer base driven by word of mouth and, most importantly, satisfied customers.

About Happy Belly Food Group Inc.

Happy Belly Food Group is a leader in acquiring and scaling emerging food brands across Canada.

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