Mr. Gabriel Kabazo reports

PLANTIFY FOODS ANNOUNCES ISSUANCE OF PROMISSORY NOTE

Plantify Foods Inc. has issued an unsecured promissory note to YA II PN Ltd. (a Cayman Islands exempt limited partnership managed by Yorkville Advisors Global), an arm's-length creditor of the company, in the principal amount of $400,000 (U.S.). The note matures on Feb. 2, 2025, and bears interest at an annual rate of 12 per cent and payable on maturity.

The issuance of the note is not a related party transaction pursuant to Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions.

There is no undisclosed material information by the company, and the board of directors of the company has approved the issuance of the note. The company intends to utilize the note to support its expansion efforts in new markets, and for general and administrative matters.

About Plantify Foods Inc.

Plantify Foods is committed to providing consumers with nutritious, clean-label food options while pioneering innovation in the food and beverage industry. The company has a simple mission: to ensure that everyone has access to high-quality food alternatives that are clean and healthy, are nutritious and tasty, use whole natural ingredients, and are easy to prepare.

Plantify Foods, through its wholly owned Israeli subsidiary, currently sells its diverse range of products in Israel, and is actively expanding its footprint across Europe and North America. With its new manufacturing facility, the company can increase production and continue to create new clean-label food products to meet the growing demand of health-conscious consumers from all walks of life.

We seek Safe Harbor.