Mr. George Lunick reports

PEARL RIVER ANNOUNCED ISSUANCE OF CEASE TRADE ORDER

The Ontario Securities Commission issued a cease trade order against Pearl River Holdings Ltd., effective May 7, 2025, for failing to file audited annual financial statements, management's discussion and analysis, and annual certifications for the year ended Dec. 31, 2024, within the time period prescribed by securities regulation. In addition, as a result of the cease trade order, the Canadian Investment Regulatory Organization imposed a halt of trading of Pearl River's common shares on May 8, 2025. It is expected that the required filings will be completed by Sept. 21, 2025.

About Pearl River Holdings Ltd.

Through its subsidiaries, Pearl River's principal business is the manufacturing and distribution of plastic products in China, Australia and the United States.