Wildpack Announces Update on Status of Management Cease Trade Order

Executive Summary

• Wildpack Beverage Inc. provided a status update on a Management Cease Trade Order (MCTO) from the BC Securities Commission, triggered by the company's failure to file audited annual financial statements, MD&A, and executive certifications for the year ended December 31, 2025, by the April 30, 2026 deadline.
• The filing delay is directly attributed to short-term cash constraints, with the company explicitly stating it currently has no cash on hand or financing in place to resolve the issue.
• Management clarified the delay is purely administrative with no disagreements with auditors, and committed to providing bi-weekly status updates until the required filings are completed.

Key Details

• MCTO issued by the British Columbia Securities Commission under National Policy 12-203.
• Default declared under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations.
• Missing Required Filings: Audited annual financial statements, related MD&A, and CEO/CFO certifications for the fiscal year ended December 31, 2025.
• Original regulatory filing deadline: April 30, 2026.
• Root cause of delay: Short-term cash constraints impacting the Company.
• Liquidity status: Company confirmed it currently has no cash on hand or financing in place to alleviate the cash constraints.
• Auditor relationship: Delay is purely administrative; no disagreement with auditors.
• Reporting schedule: Bi-weekly status updates via news releases will be issued for as long as the Required Filings remain outstanding.
• Future defaults: Company does not anticipate any additional specified defaults under NP 12-203.
• Signatory: Thomas Walker, Interim Chief Executive Officer.