Mr. Ash Guglani reports

NEXE INNOVATIONS SECURES FOURTH PARTNERSHIP, EXPANDING ITS AUDIENCE IN CANADA AND THE UNITED STATES

Nexe Innovations Inc. has secured a fourth partnership with a North American distributor specializing in retail, office coffee services (OCS) and hospitality sectors.

The company believes that this new partnership represents a significant milestone for Nexe, as this partner was among the first to capitalize on the multibillion-dollar single-serve coffee market following the expiration of the K-Cup patent in 2013 in both Canada and the United States. Now, it is strengthening its commitment to sustainability, by selecting Nexe's BPI-certified compostable coffee pod to drive its next wave of eco-friendly innovation. The company's new partner currently represents several recognized brands with over 50 product stock-keeping units (SKUs). The first order is for over 150,000 pods across six SKUs across three brands.

Momentum continues: fourth major deal in four months

This collaboration represents Nexe's fourth major partnership in the last four months, which Nexe believes demonstrates a growing demand for sustainable single-serve coffee solutions. The initial rollout of six SKUs across three brands, reflect in the company's view its partner's confidence in its innovative technology and its partner's commitment to delivering eco-friendly coffee options at scale. The pods are being delivered to three locations in Canada and the U.S.

"With decades of experience in the coffee industry and a diverse brand portfolio, our new partner brings invaluable expertise to this collaboration," said Ash Guglani, president of Nexe Innovations. "We believe that partnering with an established leader in the single-serve coffee industry highlights the demand for our BPI-certified compostable coffee pod and reflects the growth trajectory of our business. This strategic relationship is expected to support our efforts to strengthen our position in the sustainable coffee market."

Nexe and this partner will continue to refine product development and ramp up commercialization efforts in the coming months. Shareholders can expect further updates as the company pursues this exciting new collaboration.

About Nexe Innovations Inc.

Nexe Innovations is focused on providing innovative compostable material solutions and packaging to the B2B (business-to-business) segment to help businesses achieve their sustainability goals. Nexe Innovations has developed a proprietary and patented compostable material that can withstand heat, pressure and water. Its flagship product, the Nexe pod, a BPI-certified compostable coffee pod, showcases the material's durability and is an ideal substitute for plastic. The Nexe pod is compatible with major coffee brewing machines and is manufactured at Nexe's vertically integrated facility based in North America.

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