Plantify Foods arranges rights offering

Executive Summary

• Plantify Foods Inc. has announced a rights offering allowing shareholders to purchase up to 11,440,489 common shares.
• The offering is priced at $0.12 per share, with a record date of December 5, 2025, and an expiry time of December 31, 2025.
• Assuming full exercise of all rights, the company expects to raise gross proceeds of $1,372,859.

Key Details

• Security Type: Common shares of Plantify Foods Inc.
• Quantity: Up to 11,440,489 common shares.
• Subscription Price: $0.12 per common share.
• Gross Proceeds: $1,372,859 (assuming full exercise).
• Rights Ratio: One transferable right for every common share held as of the record date.
• Record Date: December 5, 2025, at 2 p.m. Pacific Time.
• Expiry Time: December 31, 2025, at 2 p.m. Pacific Time.
• Eligibility: Rights issued to shareholders resident in Canada and eligible non-residents who have satisfied legal requirements.
• Eligibility Deadline: Non-resident shareholders must establish eligibility on or before December 17, 2025.
• Subscription Privilege: Shareholders who fully exercise their rights are entitled to subscribe pro rata for unsubscribed shares via the basic subscription privilege.
• Administrative Details: Rights DRS statements will not be mailed to ineligible non-resident shareholders. Registered shareholders must submit completed DRS forms and funds to Computershare Investor Services Inc. Intermediary holders will receive instructions from their brokers.
• Documentation: Details are set out in the right offering circular dated November 27, 2025, and the rights offering notice, filed under Plantify's profile on SEDAR+.