(via TheNewswire)

Vancouver, British Columbia – TheNewswire – January 19, 2026 — Plantify Foods, Inc. (TSXV: PTFY) (" Plantify Foods " or the " Company ") wishes to clarify certain disclosure contained in the Company’s omnibus equity incentive plan (the “ Omnibus Plan ”) attached as appendix C to the Company’s management information circular dated November 4, 2025 (the “ Information Circular ”) prepared in connection with the annual general meeting of the Company’s shareholders held on December 8, 2025 (the “ Meeting ”).

At the Meeting, the shareholders of the Company approved the Omnibus Plan. The Omnibus Plan reserves for issuance (a) pursuant to the exercise of stock options of the Company (“ Options ”), 10% of the total number of common shares issued and outstanding in the capital of the Company (the “Common Shares ”) from time to time, and (b) pursuant to the settlement of deferred share units of the Company, performance share units of the Company and restricted share units of the Company (together with the Options, the “Awards ”), 14,597,636 Common Shares (the “Fixed Share Limit ”), being 10% of the total number of issued and outstanding Common Shares as of the date of implementation of the Omnibus Plan, in each case subject to adjustment in accordance with the Omnibus Plan.

In accordance with the Omnibus Plan, following completion on November 8, 2024 of the consolidation of the Common Shares on the basis of one post-consolidation Common Share for every 200 pre-consolidation Common Shares (the “ Consolidation ”), the Fixed Share Limit was correspondingly reduced to 72,988 Common Shares.

The copy of the Omnibus Plan attached as appendix C to the Information Circular inadvertently stated the Fixed Share Limit as 14,597,636 Common Shares, being the pre-Consolidation Fixed Share Limit, rather than 72,988 Common Shares, being the post-Consolidation Fixed Share Limit.

As at the date hereof, there are no Awards outstanding under the Omnibus Plan other than Options.

This correction does not materially affect the terms of the Omnibus Plan, any Awards previously granted thereunder, or the outcome of the matters approved by the shareholders of the Company at the Meeting. All other disclosure contained in the Information Circular remains unchanged.

Contact

Gabriel Kabazo

Chief Financial Officer and Corporate Secretary

Phone: 604 833 6820

Email: gabi@plantifyfoods.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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