An anonymous director reports

ZYUS LIFE SCIENCES CORPORATION ANNOUNCES CLOSING OF SEVENTH TRANCHE OF SECURED LOAN FINANCING

Zyus Life Sciences Corp.'s wholly owned subsidiary, Zyus Life Sciences Inc., closed a seventh tranche of a secured loan financing on July 29, 2026, with certain lenders, including an insider of the company, for gross proceeds of $125,000. The closing of the seventh tranche brings the total amount of the secured loan to $1.12-million. Zyus Inc. expects to close additional tranches under the secured loan. The aggregate size of the secured loan offering is up to $2-million. Subject to receipt of approval from the TSX Venture Exchange, the secured loan will be secured by a security interest granted under the terms of a general security agreement (subject to an exception in respect of certain assets). The secured loan bears interest at a rate of 12 per cent per annum, payable on maturity, is prepayable by Zyus Inc. at any time without penalty or premium, and will mature six months from the effective date of the loan.

One insider of the company participated in the seventh tranche for an aggregate amount of $25,000. Such participation constitutes a related-party transaction as defined under Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions) as the insider is a member of the board of directors of the company.

The company has relied on the exemption from the valuation requirement pursuant to Section 5.5(b) (Issuer Not Listed on Specified Markets) of MI 61-101 and from the minority shareholder approval requirement prescribed by Section 5.7(1)(a) (Fair Market Value Not More Than 25 Per Cent of Market Capitalization) of MI 61-101. The company did not file a material change report more than 21 days before issuance of the secured loan because the details of the secured loan were not settled until recently.

The company intends to use the net proceeds of the seventh tranche for general working capital purposes. There is no undisclosed material information by the company, and all independent directors have approved the secured loan described in this news release.

About Zyus Life Sciences Corp.

Zyus is a life sciencescompany focused on the development and commercialization of novel cannabinoid-based pharmaceutical drug candidates for pain management. Through rigorous scientific exploration and clinical research, Zyus aims to secure intellectual property protection, safeguarding its innovative therapies and bolstering shareholder value. Zyus's unwavering commitment extends to obtaining regulatory approval of non-opioid-based pharmaceutical solutions in pursuit of transformational impact on patients' lives.

We seek Safe Harbor.