Trustbix to acquire indoor farm management system

Mr. Hubert Lau reports TRUSTBIX INC. ENTERS INTO AGREEMENT TO PURCHASE INDOOR FARM MANAGEMENT SYSTEM ASSET AND ANNOUNCES BOARD AND MANAGEMENT CHANGE Trustbix Inc. has signed an asset purchase agreement dated Oct. 3, 2025, with Mindsgate Ltd. (the vendor) for the acquisition of an indoor farm management system (IFMS) asset. Trustbix believes that the proposed transaction will enhance its ability to provide a comprehensive indoor farming technology solution to businesses and operators in the sector. The IFMS is a fully integrated, production-ready platform featuring modules for farm operations, Internet of Things (IoT) device management, AI-driven (artificial intelligence) plant recognition, traceability, client relationship management (CRM), operator training, order management and resource tracking. Together, these capabilities form an ERP-grade (enterprise resource planning) solution tailored to indoor farming. Key terms of the agreement Pursuant to the agreement, Trustbix will acquire the IFMS asset, subject to the conditions contained in the agreement, in exchange for issuing six million units to the vendor on the closing date. Each consideration unit will comprise one common share in the capital of Trustbix and one common share purchase warrant, whereby each warrant entitles the holder to purchase one common share at a price of eight cents for a period of two years from the date of closing. All securities issued under the proposed transaction, including any common shares issued upon exercise of the warrants, will be subject to a statutory four-month-and-one-day hold period in accordance with applicable Canadian securities laws. The closing of the proposed transaction is subject to a number of terms and conditions, including without limitation, the parties obtaining all necessary consents, orders and regulatory approvals, including approval of the TSX Venture Exchange, and certain other customary closing conditions. No finders' fees are expected to be payable in connection with the proposed transaction. Board and management change Adam Morand has resigned from the board of directors and as the chief technology officer of the company, effective Oct. 3, 2025. The company wishes to express its appreciation to Mr. Morand for his contributions during his tenure. About Trustbix Inc. Trustbix is an agricultural technology company providing Gate to Plate solutions to create a world where people trust more, waste less and reward sustainable practices. The company's award-winning technologies offer practical tools trusted by local and international agri-food organizations. We seek Safe Harbor.