Stickit Technologies clarifies Capitalink LOI

Mr. Eli Ben-Haroosh reports STICKIT CLARIFIES CORPORATE REORGANIZATION SHARE CONSOLIDATION AND PROPOSED PRIVATE PLACEMENT ANNOUNCEMENT At the request of CIRO (Canadian Investment Regulatory Organization), Stickit Technologies Inc. wishes to clarify its news release dated Oct. 16, 2025, regarding the non-binding letter of intent with Capitalink Ltd. The LOI is dated Oct. 12, 2025, and was entered into on Oct. 15, 2025. As previously announced on Oct. 16, 2025, Capitalink will acquire all the rights to the amounts owed by the company to each of Eli Ben-Haroosh and Asher Holzer (directors of the company) for a total consideration of $380,000. Pursuant to the company's interim financial statements for the six-month period ended June 30, 2025, on June 30, 2025, this amount was $617,000. This amount is expected to be updated in the company's interim financial statement for the nine-month period ended Sept. 30, 2025. Capitalink and its shareholders are arm's length to the company. The company wishes to clarify further that it intends to complete a postconsolidation private placement of not less than $700,000 and not more than $1.05-million worth of units at five cents per unit, with each such unit consisting of one common share and one common share purchase warrant, with each warrant exercisable, for a period of three years from the date of issuance, into one additional company's common share upon payment of five cents. Although the transactions contemplated by the LOI will result in results in new shareholders holding greater than 50 per cent of the voting securities of the company, it is not expected to result in change of control of the company. The transactions contemplated by the LOI are not expected to result in fundamental change (as defined in the Canadian Securities Exchange policies), subject to the discretion of the CSE. About Stickit Technologies Inc. Stickit's primary assets consist of patents and patent applications related to plant extracts, therapeutic compounds in smoking utensils, and honey complexes. Stickit have already patents granted in the United States, Europe, Israel and Canada. The Extra-C stick is created through a unique proprietary process, resulting in condensed cannabis oil presented in a toothpick-like matrix, allowing for the easy conversion of regular cigarettes into cannabis or hemp cigarettes. Stickit operates from key facilities situated in Dalton, northern Israel; these facilities are central to the company's research, development and manufacturing operations. Stickit's operating model is to establish joint ventures in countries around the world where recreational cannabis is permitted. Each licensee/joint venture partner will establish a production facility in which it will add the cannabis content to sticks produced and supplied by Stickit. As part of those arrangements, Stickit is expected to provide the joint venture with the know-how required to manufacture the finished product. The licensee/joint venture partner will produce the finished product, adding cannabis to the raw materials provided by Stickit, and will sell them either directly to the points-of-sale or through distributors. The licensee is expected to pay a set-up fee by investing the funds necessary to set up the local production facility. Each licensee will have exclusive rights to produce and market Stickit products in its designated territory. We seek Safe Harbor.