Mr. Michael Saxon reports

TAAT ANNOUNCES SHARES FOR DEBT SETTLEMENT

TAAT Global Alternatives Inc. has entered into a debt settlement agreement to fully settle outstanding debts owed to a creditor for corporate back office services rendered. Pursuant to the settlement agreement, the company has agreed to issue an aggregate of 303,456 common shares at a deemed price of 26.5 cents per share, based on a 20-day volume-weighted average price.

The company anticipates closing the share settlement on or about April 26, 2024. The share settlement will settle $80,415.88 in debts owed to the creditor, which is a full settlement for the total amount of bona fide debts owed to the creditor.

The board of directors of the company has determined that it is in the best interests of the company to settle the outstanding debts by the issuance of the shares to preserve the company's cash for working capital.

The company will be relying on the employee, executive officer, director and consultant exemption contained in Section 2.24 of National Instrument 45-106 (Prospectus Exemptions) to issue the shares to the creditor. The Canadian Securities Exchange has waived the requirement to impose a four-month-and-one-day hold period on the shares.

About TAAT Global Alternatives Inc.

TAAT Global is a vertically integrated consumer product and distribution company, generating more than $90-million in overall gross revenue annually. TAAT Global is strategically expanding its product categories including tobacco and reduced-risk alternatives, hemp, kratom, and other emerging consumer packaged goods segments. TAAT Global 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.