Mr. Don Hill reports

SUCRO RETAINS MARKET-MAKING SERVICES/ AWARDS RESTRICTED SHARE UNITS

Subject to regulatory approval, Sucro Ltd. has retained Generation IACP Inc. to provide market-making services to maintain a reasonable market and improve the liquidity of Sucro's subordinate voting shares.

Under the agreement between Generation and Sucro, the company has agreed to pay Generation a monthly fee of $7,500 plus applicable taxes. The initial term of the agreement is six months, and such term will be automatically renewed for subsequent six-month periods unless terminated earlier by 30 days of prior written notice. Commencing on the first anniversary of the agreement, the fee payable to Generation will automatically increase annually by 3.0 per cent. Notwithstanding the foregoing, Generation shall have the right to terminate the agreement at any time upon prior written notice. Generation will not receive any shares or options as compensation.

Sucro and Generation are unrelated and unaffiliated entities. Generation has informed the company that neither it nor its principals have any interest, directly or indirectly, in any securities of Sucro; however, Generation and its clients may in future acquire a direct interest in the securities of the company.

Generation is a Toronto-based, independently-owned investment dealer providing innovative solutions for institutional, corporate and individual clients in Canada and abroad. Established in 1998, Generation is a member of the Investment Industry Regulation Organization of Canada and a member firm of the Toronto Stock Exchange and the TSX Venture Exchange.

Sucro also announced that, subject to regulatory approval, an aggregate of 21,955 restricted share units (RSUs) have been awarded to executive officers of the company under the company's omnibus equity incentive plan. All RSUs awarded will vest on Dec. 31, 2024. Once vested, each RSU represents the right to receive one subordinate voting share of the company.

About Sucro Ltd.

Sucro is a growth-oriented sugar company that operates throughout the Americas, with a primary focus on serving the North American sugar market. The company operates a highly integrated and interconnected sugar supply business, utilizing the entire sugar supply chain to service its customers. Sucro's integrated supply chain includes sourcing raw and refined sugar from countries throughout Latin America, and refined sugar from its own refineries, and delivering to customers in North America and the Caribbean. Since its inception in 2014, Sucro has achieved significant growth by creating value for customers through continuous process innovation and supply chain re-engineering. Sucro has established a broad production, sales and sourcing network throughout North America, with two cane sugar refineries and an additional value-added processing facility. The company has offices in Miami, Mexico City, Sao Paulo, Guayaquil and the port of Spain.

We seek Safe Harbor.