Mr. Kerem Akbas reports

EARLY WARNING REPORT

Coenda Investments Holding Corp., a company controlled by Kerem Akbas, chief executive officer and interim chief financial officer of Planet Based Foods Global Inc., has disposed of ownership and control over an aggregate of 6.99 million subordinate voting shares in the capital of the issuer through private sales to certain purchasers, which represent approximately 19.98 per cent of the issued and outstanding SVS of the issuer.

Prior to the transaction, the acquiror owned and controlled 19,523,809 SVS of the issuer, representing approximately 55.81 per cent of the issuer's total issued and outstanding SVS. Following the transaction, the acquiror owns and controls 12,533,809 SVS of the issuer, representing approximately 35.83 per cent of the issuer's total issued and outstanding SVS. Percentages are based on 34,985,232 SVS issued and outstanding as of Oct. 20, 2026.

The acquiror sold 6.99 million SVS to certain purchasers at a price of 1.0204 cents per SVS for aggregate consideration of $71,325.96. The SVS were disposed of for investment purposes, and the acquiror may, directly or indirectly, depending on market and other conditions, acquire beneficial ownership of, control or direction over, additional SVS or other securities of the issuer, through market transactions, private agreements or otherwise. The acquiror may, depending on market and other conditions, sell any or all of its securities in the issuer.

This press release is being issued pursuant to National Instrument 62-103 (the Early Warning System and Related Take-Over Bid and Insider Reporting) issues, which require a report to be filed under the issuer's profile on SEDAR+ containing additional information respecting the foregoing matters. For inquiries or a copy of the related early warning report required under Canadian provincial securities legislation, a copy of which has also been filed on SEDAR+, please contact: Kerem Akbas, Coenda Investments Holding Corp., 308, 2626 Croydon Dr., Surrey, B.C., V3Z 0S8.