Mr. Gabriel Kabazo reports

PLANTIFY FOODS ANNOUNCES ISSUANCE OF SHARES FOR SERVICES

Further to Plantify Foods Inc.'s news release of Nov. 25, 2022, and in accordance with the a consulting agreement effective as of Nov. 9, 2022, it has agreed to pay Hike Capital Inc. a fee of $22,500, satisfied through the issuance of 1,905,646 common shares at a deemed price of 1.2 cents per common share. The company has also agreed to pay Amir Uziel Economic Consultant Ltd. a fee of $22,500, satisfied through the issuance of 1,905,646 common shares at a deemed price of 1.2 cents per common share, in accordance with a consulting agreement effective as of Sept. 1, 2023, and further to the company's news release as of Sept. 1, 2023.

In respect of the common shares issued pursuant to the agreements, the company issues such number of common shares as is equal to the quotient obtained by dividing the applicable amount due by the greater of (A) the 90-day volume weighted average trading price of the company's listed shares on the TSX Venture Exchange for the 90 trading days immediately preceding the press release announcing the applicable common share issuance, and (b) the discounted market price (as defined in the policies of the TSX-V) of the common shares.

All securities issued pursuant to the agreements will be subject to a hold period of four months plus one day from the date of issuance thereof in accordance with applicable TSX-V polices and Canadian securities laws.

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.