Mr. Fernando Massalin reports

TRUBAR INC. PROVIDES AN UPDATE ON CLOSING OF PROPOSED ARRANGEMENT

Trubar Inc. has provided an update on the anticipated closing date of the previously announced plan of arrangement involving 1564128 B.C. ULC, an affiliate of ETI Glda Sanayi ve Ticaret A.S., a leading privately held consumer product goods (CPG) company based in Turkey, pursuant to which, among other things, the purchaser will acquire all of the issued and outstanding shares in the capital of the company.

All conditions precedent to the completion of the arrangement have been satisfied, except for those conditions precedent that, by their nature, are only capable of being satisfied as of the effective date, including, among other customary closing deliveries, the deposit by the purchaser with the depositary and paying agent under the arrangement of the funds required to satisfy in full the aggregate consideration payable by the purchaser in accordance with the arrangement. The completion of the arrangement is anticipated to occur on the business day following the deposit of funds required to satisfy the aggregate consideration payable by the purchaser with the depositary and paying agent in accordance with the arrangement, which parties anticipate will occur on or about Feb. 5, 2026.

Further information about the arrangement is set forth in the materials filed under the company's profile on SEDAR+.

About Trubar Inc.

Trubar is a better-for-you snacking company focused on delivering high-quality, plant-based protein products with exceptional taste and made with clean, recognizable ingredients. Trubar, the company's signature product line, is distributed through national retailers, club stores and e-commerce platforms across North America. The company is focused on expanding Trubar's presence throughout North America and select international markets.

We seek Safe Harbor.