Mr. James McInnes reports

ODD BURGER CORPORATION ANNOUNCES SECOND QUARTER RESULTS, FILES SECOND QUARTER FINANCIALS MANAGEMENT DISCUSSION AND ANALYSIS

Odd Burger Corp. has released its financial results for the second quarter ended March 31, 2023.

James McInnes, co-founder and chief executive officer, stated: "Our focus this quarter was on driving efficiency in our operations, and we were certainly successful in achieving this goal. Our quarterly gross margin was the highest on record at $169,070, or 22.6 per cent of gross sales, compared to $2,658, or 0.04 per cent, the previous year. In addition, we increased our total revenue by 16.7 per cent to $749,075 from $641,508 the previous year. Currently, we have 14 franchise agreements signed across Canada, with eight under active construction and expected to open by the end of the year. We are excited to continue working with our valued franchise partners to bring more sustainable and delicious food to all of these new communities."

Summary of quarterly results

An attached table sets forth selected unaudited financial information for each of the past eight quarters.

About Odd Burger Corp.

Odd Burger is a chain of company-owned and franchised vegan fast-food restaurants, as well as a food technology company that manufactures and distributes a proprietary line of plant-based protein and dairy alternatives to its locations. Odd Burger restaurants operate as smart kitchens, which use state-of-the-art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more-sustainable fast food. With small-store footprints optimized for delivery and takeout, advanced cooking technologies, competitive pricing, a vertically integrated supply chain, and healthier ingredients, Odd Burger is revolutionizing the fast-food industry by creating guilt-free fast food.

We seek Safe Harbor.