Mr. Michael Saxon reports

TAAT GLOBAL ALTERNATIVES INC. ANNOUNCES SHARE CONSOLIDATION

Pursuant to directors' resolutions, TAAT Global Alternatives Inc. will consolidate all of its issued and outstanding share capital on the basis of every 10 old common shares into one new common share, effective Oct. 3, 2023.

As a result of the share consolidation, the issued and outstanding common shares will be reduced to approximately 11,556,246. No fractional shares will be issued as a result of the share consolidation. All fractions of common shares will be rounded down to the next lowest whole number. No cash consideration will be paid in respect of fractional shares. The exercise or conversion price and the number of common shares issuable under any of the company's outstanding convertible securities will be proportionately adjusted upon the share consolidation.

New ISIN:  CA87320M2004

New Cusip number:  87320M20087320M200

The common shares are expected to begin trading on a postconsolidation basis on the Canadian Securities Exchange when markets open on Oct. 2, 2023.

Shareholders of record as at the record date will receive a letter of transmittal providing instructions for the exchange of their common shares as soon as practicable following the record date.

The company believes that the consolidation will make the company more attractive to financing opportunities, and will allow for the restructuring and settlement of certain existing liabilities. The completion of the consolidation remains subject to the completion of appropriate regulatory filings with the CSE.

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 CPG (consumer packaged goods) 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.