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Beyond Oil Ltd
Symbol BOIL
Shares Issued 71,107,164
Close 2025-12-29 C$ 3.02
Market Cap C$ 214,743,635
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Beyond Oil receives 21,600-kilogram order from Pilpel

2025-12-30 16:13 ET - News Release

Mr. Jonathan Or reports

BEYOND OIL ANNOUNCES ADDITIONAL ORDER FROM EXCLUSIVE DISTRIBUTOR PILPEL FOLLOWING ACCELERATED MARKET ADOPTION IN CENTRAL EUROPE

Further to the news release dated Sept. 4, 2025, Pilpel Hungary Kft, Beyond Oil Ltd.'s exclusive distributor in Hungary, Austria, the Czech Republic and Slovakia, has placed an additional order totalling 21,600 kilograms of Beyond Oil's product.

The repeat order reflects accelerated and successful end-customer adoption across Pilpel territories following the initial rollout of Beyond Oil's solution to restaurants and hotel and catering customers in the region.

Under the exclusive distribution agreement signed on Sept. 4, 2025, Pilpel committed to minimum annual purchase volumes, including a minimum of 75,600 kilograms in 2026, with required volumes increasing over the term to maintain exclusivity. Due to strong early demand, the current order represents an advance purchase against Pilpel's 2026 minimum commitment.

Pilpel is one of the region's leading fruit and vegetable wholesaler, supplying more than 1,000 food-service customers and continuing to expand across central Europe. Leveraging its established sales organization, broad product portfolio and reliable logistics infrastructure, Pilpel has rapidly introduced the Beyond Oil product to local restaurants, quick-service chains, hotels and catering operations throughout its exclusive territories.

"This additional order and pull-forward of future commitments mark an important execution milestone for Beyond Oil," said Jonathan Or, chief executive officer of Beyond Oil. "The momentum we are seeing reflects the ongoing strengthening of our partner selection strategy -- working with distributors that share our values, deploy the right resources and operate professional field sales organizations. Together with close, continuous collaboration between our teams, this approach enables strong execution today and provides a scalable foundation for long-term growth across the region."

"Beyond Oil's product has been very well received by our customers," said Regina Boros, managing director of Pilpel Hungary. "We are seeing strong engagement across multiple food-service segments, supported by positive customer feedback, which reinforces our confidence in the product's long-term potential in our markets."

"The pace of customer adoption across our territories has been very encouraging," said Rafi Orel, project chief executive officer at Pilpel. "The repeat order reflects strong market demand and validates our commercial execution, and we believe Pilpel is well positioned to continue scaling the Beyond Oil product across our markets in a disciplined and sustainable way."

About Beyond Oil Ltd.

Beyond Oil is a food-tech innovation company dedicated to creating solutions that mitigate health risks, reduce costs for food-service companies and improve sustainability. The company's patented technology, with regulatory clearances from the FDA (U.S. Food and Drug Administration) and Health Canada, significantly reduces harmful compounds in frying oil, addressing critical health concerns. Beyond Oil's solution tackles a global issue in the food industry: the widespread practice of reusing frying oil for hundreds of cycles across several days. This practice is common in restaurant kitchens, hotels, catering services, banquet halls, fried-food manufacturing plants, and institutions such as schools and military facilities. Beyond Oil's product is backed by extensive research, which has highlighted its value in health risks associated with reused oil, including links to cancer and cardiovascular diseases. Beyond Oil provides an effective means to mitigate these risks while offering additional benefits such as improved food quality, operational cost savings and reduced environmental impact.

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