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VANCOUVER, BC September 17, 2026 - TheNewswire — StickIt Technologies Inc. (CSE: STKT) (the "Company" or "StickIt"), a developer and patent holder of proprietary cannabinoid and plant extract delivery technologies, today provides a comprehensive corporate update regarding leadership changes, recent financial transactions including loan acquisitions and private placements, and developments across its international intellectual property portfolio.

CHANGES TO BOARD OF DIRECTORS AND EXECUTIVE MANAGEMENT

StickIt is pleased to announce strategic changes to its executive leadership team and Board of Directors designed to accelerate commercial execution and strengthen corporate governance as the Company expands its international presence.

Key Governance & Leadership Appointments:

•        Chief Executive Officer Appointment : Effective July 10, 2026, Dr. Adi Zuloff-Shani has been appointed as Chief Executive Officer succeeding Eli Ben-Haroosh who resigned on April 1, 2026. Dr. Zuloff-Shani brings extensive executive leadership, biotechnology expertise, and operational acumen to drive StickIt's global joint venture strategy and commercial distribution.

Dr. Zuloff- Shani is a biomedical executive and immunologist with over two decades of experience leading therapeutic R&D across biotech and pharmaceutical companies. She is the CEO of Clearmind Medicine (NASDAQ: CMND), where she oversees the development of non ‑ hallucinogenic psychedelic ‑ derived treatments for mental ‑ health and addiction disorders. Her career spans drug discovery, CMC, preclinical and clinical development, and global regulatory strategy.

•        Board of Directors Additions : Effective July 10, 2026, Mr. Gabriel Kabazo and Mr. Nir Eliyahu have joined the Board of Directors as independent, non-executive directors replacing all previous directors except Mr. Ohad David. Both appointees bring deep financial, capital markets, and corporate governance expertise to the organization.

Mr. Kabazo is an experienced finance and operations professional with over 25 years of experience supporting accounting, financing, and IT operations in complex corporate environments. Mr. Kabazo currently serves as Chief Financial Officer or Chief Executive Officer of several public companies listed on the TSX Venture Exchange, Canadian Securities Exchange, and U.S. markets, and brings extensive expertise in public company reporting, financings, and corporate governance.

Mr. Eliyahu is a private business owner who specialized in distribution channels and online sales for nine years (2012 to 2021) with Connect Inc. (USA) and Telem distribution in Vancouver. He was responsible for building distribution channels for both B2B and B2C products, brand development, marketing, sales strategies, and a training platform. He has a BSc degree from the University of Ariel in Electrical Engineering.

" We are thrilled to welcome Dr. Adi Zuloff-Shani as our CEO and expand our Board with seasoned independent directors like Mr. Kabazo and Mr. Eliyahu ," stated Ohad David, Chair of the Board. " These appointments mark a critical milestone in sharpening our strategic execution, enhancing board independence, and driving sustainable shareholder value ."

SUMMARY OF RECENT LOAN ACQUISITION & PRIVATE PLACEMENT

StickIt has completed key corporate recapitalization and financing milestones to optimize its balance sheet, reduce direct debt obligations, and fund ongoing operational and commercial activities ( See StickIt’s press releases dated October 25 and 29 of 2025;December 31, 2025; and February 17, 2026 ).

Debt Restructuring & Loan Acquisition : In connection with corporate reorganization initiatives, the Company executed transactions under a letter of intent with Capitalink Ltd. (“Capitalink”), under which Capitalink acquired rights to outstanding debt amounts previously owed by the Company to corporate insiders (including executive directors) totaling approximately $617,000 for a restructured consideration of $380,000. This loan assignment substantially alleviates short-term liability pressures and simplifies the Company's debt structure without triggering a fundamental change of corporate control. The acquisition of the aforementioned debt was made directly between Mr. Eli Ben Haroosh and Mr. Asher Holzer on the one side and Capitalink, the Company was not a party to this agreement.

Non-Brokered Private Placement Financing : Furthering its financial stabilization plan, StickIt closed a non-brokered private placement offering of securities. Key parameters of the offering include:

•        Gross Proceeds & Units Issued : Issued 28,884,000 units ("Units") at a price of CAD $0.025 per Unit, raising aggregate gross proceeds of CAD $722,100.

•        Unit Structure : Each Unit consists of one common share and one full transferable common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at an exercise price of CAD $0.025 for a period of 36 months from closing.

•        Capital Adjustments & Approvals : In support of capital restructuring, the Company completed a share consolidation (1 post-consolidation share for 5 pre-consolidation shares) to increase equity structuring flexibility. The Company operated under CSE policy exemptions for issuers facing financial difficulty to complete the capital injection efficiently.

•        Use of Proceeds : Net proceeds have been allocated to working capital, joint-venture setup costs, raw material procurement, and scaling the commercial production of its flagship "Cannabis Sticks" product lines.

INTELLECTUAL PROPERTY & PATENT PORTFOLIO UPDATE

StickIt continues to enforce and broaden its competitive advantage through a robust global intellectual property strategy centered on its novel, patent-protected delivery vehicles for therapeutic compounds, plant extracts, and cannabinoid delivery systems.

Core "Plant Extracts and Therapeutic Compounds in Smoking Utensils and in Honey Complexes": StickIt's core intellectual property encompasses its proprietary "Plant Extracts and Therapeutic Compounds in Smoking Utensils and in Honey Complexes" containing methods and utensils for administrating plant extracts at controlled amount via smoking, as well as for providing complexes of honey and plant extracts.

Patent Portfolio Milestones & Jurisdiction Breakdown:

• United States: Granted US Patent (US11582996 B2) covering therapeutic plant extract delivery devices and specialized smoking utensil inserts.

Licensing & Joint Venture Model : Stickit's operating model is to establish joint ventures in countries around the world where recreational cannabis is permitted. Each licensee/joint venture partner will establish a production facility in which they will add the cannabis content to sticks produced and supplied by Stickit. As part of those arrangements StickIt is expected to provide the joint venture with the know-how required to manufacture the finished product. The licensee/joint venture partner will produce the finished product, adding cannabis to the raw materials provided by StickIt, and will sell them either directly to the points of sale or through distributors The licensee is expected to pay a setup fee by investing the funds necessary to set up the local production facility. Each licensee will have exclusive rights to produce and market Stickit products in their designated territory.

About StickIt Technologies Inc.

StickIt Technologies Inc. is a technology company focused on inventing, patenting, and commercializing advanced delivery systems for cannabinoids, plant extracts, and therapeutic ingredients. StickIt's primary assets consist of a US granted patent protecting methods and utensils for administrating plant extracts at controlled amount via smoking as well as for providing complexed of honey and plant extracts.

Contact & Investor Inquiries:

Sophya Galper Komet - +14166284103

Sophie.galper@gmail.com

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

Forward Looking Statements

This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, are forward-looking statements. The Company provides no assurance that forward-looking statements and information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not undertake to update any forward-looking statements, other than as required by law. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by StickIt. Readers are cautioned not to place undue reliance on forward looking statements.

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