Mr. Matt Lurie reports

ORAGIN MOVES TO NEX ON TSX VENTURE EXCHANGE

Effective June 5, 2023, Oragin Foods Inc. will move to the NEX board, the subsidiary board of the TSX Venture Exchange, under the symbol OG.H, for not meeting exchange requirements. The company's shares will continue to be suspended from trading until further notice.

For additional information on the reasons for the company's suspension please refer to the company's news releases dated Nov. 23 and 24, 2022, and Jan. 20, 2023.

The company confirms that, other than as disclosed in this and prior press releases and material change reports, there have been no material business developments since the filing of the company's prior latest interim financial reports for the period ended July 31, 2022. The company's subsidiaries continue to operate in normal course.

Matt Lurie, chief executive officer of Oragin, stated: "Both our retail and CPG divisions continue to operate normally and the company has sufficient cash on hand to meet its day-to-day obligations pertaining to all areas of business. This move to the NEX from the exchange was expected as part of the process the company is working through and its positioning for long-term value."

About Oragin Foods Inc.

Oragin Foods is a Canadian multipronged food company where new and innovative food and beverage brands are developed, acquired, grown and commercialized through a consumer packaged goods (CPG) division. The company also houses a retail division which owns and operates one of Canada's leading natural and organic food retailers, Organic Garage.

We seek Safe Harbor.