Mr. Rodrigo Gallardo reports

XEBRA BRANDS ANNOUNCES UPDATE ON SHARE CONSOLIDATION

Xebra Brands Ltd.'s previously announced (Aug. 15, 2025, Sept. 12, 2025) consolidation of its issued and outstanding share capital on the basis of one postconsolidation common share for each 10 preconsolidation common shares is expected to be delayed until Xebra's failure to file cease trade order (CTO) is revoked (see Aug. 22, 2025, press release). The delay is due to regulatory requirements of the Canadian Securities Exchange. Xebra continues to work toward completing the applicable regulatory requirements and filings in order for the CTO to be revoked and will provide an update in due course.

We seek Safe Harbor.