Mr. Kory Zelickson reports

VEJI ANNOUNCES MUTUAL TERMINATION OF AMALGAMATION AGREEMENT WITH KETO CAVEMAN FOODS

Veji Holdings Ltd. has terminated the amalgamation agreement among Keto Caveman Foods Inc., the company and 1420516 B.C. Ltd., a subsidiary of the company, which contemplated the company's acquisition of Keto. The decision to terminate the agreement was mutual and the result of regulatory requirements that would have potentially significantly delayed or prevented closing of the acquisition.

Proposed changes to the board of directors

The company is pleased to announce that it has appointed both Ryan Hounjet and Stephen Wall to its board of directors. Both bring significant public market experience to the team, and the company is looking forward to having both new members join the board. Mr. Hounjet and Mr. Wall have replaced Richard Kelly and Kenneth Jones on the board, who stepped down from their roles as directors. The management team would like to thank Mr. Kelly and Mr. Jones for their dedication and service to the company and wishes them best of luck in their future endeavours.

About Ryan Hounjet

Mr. Hounjet is an experienced entrepreneur and capital markets adviser with a focus on building start-ups, corporate development, investor relations and corporate finance in both the Canadian and United States public markets. Mr. Hounjet worked on the Scotiabank Commercial Banking team from 2019 to 2022, specializing in commercial lending and providing complex capital solutions tailored for his clients' needs while building deep, trusting relationships. Mr. Hounjet then moved into the public markets with Univest Securities (Canada) in early 2022 to help launch and develop its Vancouver office. Through Univest, Mr. Hounjet has advised various private companies on capital market solutions, and provided guidance on public listings on both the Canadian Securities Exchange and the Nasdaq.

Mr. Hounjet prides himself on continuous education. He earned his BSc with a major in biochemistry from the University of British Columbia and holds the Chartered Financial Analyst designation.

About Stephen Wall

Mr. Wall is an entrepreneur and venture capitalist, having contributed capital to over 50 companies since 2020. Mr. Wall has owned and operated Cask Marketing Inc. since June, 2012, a full-service business marketing consulting company. Since December, 2015, he has also served as chief executive officer/partner at Weatherguard Gutters Inc., a residential construction service company specializing in gutters and water management based in Langley, B.C. Mr. Wall is also the area developer and the franchise owner of the Vancouver location of Odd Burger (ODD: TSX-V).

Mr. Wall raised over $750,000 for the acquisition of Weatherguard Gutters in 2015 and the purchase of the franchise and area development rights of Vancouver Odd Burger (ODD: TSX-V) in 2022. He raised these funds through his personal network and position at Cask Marketing.

The company's management team and board will continue to focus on charting a path toward value retention and will update shareholders in due course.

About Veji Holdings Ltd.

The company is a reporting issuer in Canada and is listed on the Canadian Securities Exchange under the symbol VEJI and on the OTC under the symbol VEJIF.

We seek Safe Harbor.