08:10:01 EST Wed 28 Jan 2026
Enter Symbol
or Name
USA
CA



Organto Foods Inc (2)
Symbol OGO
Shares Issued 141,249,412
Close 2026-01-27 C$ 0.84
Market Cap C$ 118,649,506
Recent Sedar+ Documents

Organto appoints Hagen as director; Maldonado resigns

2026-01-27 18:18 ET - News Release

Mr. Steve Bromley reports

ORGANTO ANNOUNCES APPOINTMENT OF CHAD HAGEN TO THE BOARD OF DIRECTORS

Chad Hagen, an experienced executive in the global natural and organic food and beverage industry, has been appointed to Organto Foods Inc.'s board of directors, effective immediately. Mr. Hagen replaces Alejandro Maldonado, who resigned as a director of the company, effective Jan. 26, 2026.

"On behalf of the entire Organto team, we want to thank Alejandro for his many contributions to Organto and wish him sincerest best wishes with his future endeavours," said Steve Bromley, chair and co-chief executive officer of the company.

Mr. Hagen is a seasoned executive with over 30 years of experience building, scaling and operating businesses across the food, beverage and fresh produce industries, with a passion and focus on sustainable business platforms. Mr. Hagen currently serves as chief commercial officer for Sojo Industries, a fast-growing national technology company that utilizes robotics, mobility and proprietary software to deliver efficient variety and multipacking solutions to the food and beverage industry.

Prior to joining Sojo, Mr. Hagen spent 17 years at SunOpta Inc., a leading provider of plant-based aseptic beverages, better-for-you fruit snacks and plant-based ingredients. During his tenure at SunOpta, Mr. Hagen held a number of positions focused on developing and transforming operating platforms to meet the growing needs of the global natural and organic food industry, most recently serving as chief customer officer.

Before joining SunOpta, Mr. Hagen spent over 10 years in the fresh organic produce industry, building brands and developing global supply chains in more than 15 countries for Robinson Fresh, Newman's Own Organics, Cape Organics and Pavich Farms. Mr. Hagen holds a bachelor of science degree in agricultural business from Cal Poly, San Luis Obispo, Calif.

"We are very pleased to have Chad join our board at this exciting time in our company's history. His passion for organic and sustainable foods, combined with deep business building, integration, commercial development and operating experience, will be invaluable as we continue to accelerate our growth plans," commented Mr. Bromley. "Over the past almost two years, we've repositioned and streamlined our business, strengthened our financial foundation, and demonstrated our ability to grow both quickly and responsibly. With disciplined execution and a clear strategy, we're advancing our integrated capital-efficient business model, with plans to broaden our product portfolio and geographic footprint, leading to creation of long-term value for shareholders."

With the resignation of Mr. Maldonado and the appointment of Mr. Hagen, the company's board of directors remains composed of six directors, four of whom are independent and two of whom are not, by virtue of being an officer and consultant, respectively, of the company.

Grant of stock options and restricted share units

The company also announces that it has granted 100,000 stock options exercisable to acquire up to 100,000 common shares of the company at an exercise price of 85 cents per share until Jan. 26, 2031, and 75,000 restricted share units to Mr. Hagen. The options were granted in accordance with the terms of the company's share option plan and will vest as to 25 per cent immediately and 25 per cent every six months thereafter. The restricted share units were issued in accordance with the terms of the company's restricted share unit plan and will vest as to 50 per cent vesting on the first anniversary of the date of grant and 25 per cent each six months thereafter. The restricted share units have a term of three years.

Digital marketing service agreement update

The company additionally announces that the digital marketing service agreement previously announced on Nov. 10, 2025, with Machai Capital Inc., has been amended and restated as of Dec. 22, 2025. Machai is a marketing, advertising and public awareness firm having an office in Surrey, B.C. Machai will provide digital marketing services with branding, content and data optimization to assist the company in creating in-depth marketing campaigns, tracking, organizing and executing the services through search engine optimization, search engine marketing, lead generation, digital marketing, social media marketing, e-mail marketing and brand marketing. The services will be conducted in accordance with applicable TSX Venture Exchange policies. The marketing campaign is expected to be launched in January, 2026, and continue through December, 2026, pursuant to which Machai will receive a base fee of $200,000 plus GST. Machai is arm's length to the company and has no other relationship with the company other than under this marketing agreement.

In connection with the amendment and restatement of the digital marketing service agreement with Machai, the 200,000 stock options with an exercise price of 58 cents originally issued to Machai were cancelled. Under the Dec. 22, 2025, agreement, 200,000 stock options with an exercise price of 67 cents have been granted to Machai. These options will vest in quarterly instalments over one year, with the first instalment vesting on March 22, 2026, and will expire on Dec. 22, 2027.

About Organto Foods Inc.

Organto Foods is a Canadian-headquartered company supplying certified organic and fair trade produce to leading international retailers. Organto manages global sourcing, logistics and distribution through an integrated, capital-efficient model that connects growers and consumers with transparency, sustainability and operational excellence.

We seek Safe Harbor.

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