Mr. Iain Carswell reports

SWISS WATER ANNOUNCES TSX APPROVAL FOR SHARE BUYBACK UNDER AN NCIB

The Toronto Stock Exchange has approved the previously announced normal course issuer bid (NCIB) pursuant to which Swiss Water Decaffeinated Coffee Inc. will purchase up to approximately 650,000 common shares, representing approximately 9.7 per cent of its outstanding common shares in the public float as of Aug. 7, 2026. The NCIB is expected to commence on Aug. 20, 2026, and will have a term of one year from the commencement date, ending on Aug. 19, 2027.

Swiss Water is undertaking the NCIB because its management believes that, from time to time, the market price of its common shares may not reflect the underlying value of Swiss Water's business and future prospects. Management believes that, in such circumstances, purchasing common shares for cancellation would be in the best interests of shareholders and represents an appropriate use of its capital.

Management believes it has sufficient cash flow and financial resources to fund the purchases under the NCIB without impairing its ability to pursue growth opportunities, meet its financial obligations or otherwise operate in the ordinary course. Accordingly, management considers the bid to be a prudent and efficient use of capital.

Any purchases made under the NCIB will be conducted through the facilities of the TSX and/or alternative Canadian trading systems at prevailing market prices and in accordance with applicable securities laws and TSX requirements.

Although the company presently intends to purchase common shares under its NCIB, there can be no assurances that any such purchases will be completed. Swiss Water has not repurchased any of its common shares during the 12 months preceding the date hereof.

Details regarding the normal course issuer bid

The total issued and outstanding common shares of the company as of Aug. 7, 2026, was 9,592,302, with the total public float being 6,676,109 common shares.

The average daily trading volume (ADTV) of the company for the six months ended July 31, 2026, was 3,657 common shares.

The company's permitted daily trading limit during the term of the NCIB is restricted to 25 per cent of the ADTV. Per TSX company manual, Section 628(ix), the company's daily limit will be 1,000 common shares.

About Swiss Water Decaffeinated Coffee Inc.

Swiss Water is a leading specialty coffee company and a premium green coffee decaffeinator that employs the proprietary Swiss Water process to decaffeinate green coffee without the use of chemical solvents such as methylene chloride. It also owns Seaforth Supply Chain Solutions Inc., a green coffee handling and storage business. Both businesses are located in Delta, B.C., Canada.

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