Mr. Michael Saxon reports

TAAT(TM) GLOBAL ALTERNATIVES INC. ANNOUNCES CONSULTING AGREEMENT

TAAT Global Alternatives Inc. has entered into a consulting agreement dated June 15, 2023, with an arm's-length party (the consultant) to provide certain business liaison and strategic opportunity advisory services to the company. The term of the agreement with the consultant is for a period of one year pursuant to which the company will pay the consultant a monthly fee of $10,000 plus tax.

Pursuant to the agreement, the company has also agreed to issue the consultant $100,000 plus tax worth of common shares, which will be issued over the course of the first six months of the agreement. A total of 610,810 shares will be issued to the consultant at a price of 18.5 cents per share with one-sixth of the shares being released to the consultant each month.

The agreement may be terminated by either party, by giving the other party 30 days notice. Upon termination of the agreement, no further services are required by the consultant as at the termination date and no monies will be payable by the company other than unpaid monthly fees or the shares accrued at the effective date of termination.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 -- Prospectus and Registration Exemptions, the shares will be issued pursuant to Section 2.24 of NI 45-106 and will not be subject to statutory hold period of four months plus a day. The company anticipates issuing the shares on June 29, 2023.

The company also announces that pursuant to the news release dated June 8, 2023, it has issued an aggregate of 6.25 million shares at price of 18.5 cents per share as payment of a termination fee with a consultant of the company. The shares have a statutory hold period which will expire on Oct. 16, 2023.

About TAAT Global Alternatives Inc.

TAAT is a vertically integrated consumer product and distribution company, generating more than $90-million in overall gross revenue annually. TAAT is strategically expanding its product categories, including tobacco and reduced-risk alternatives, hemp, kratom, and other emerging consumer packaged good segments. TAAT has facilities to include a processing plant in Nevada as well as a distribution centre in Canton, Ohio, leveraging existing retail shelf space and pipelines into national wholesale channels.

We seek Safe Harbor.