SEDAR Interim Financial Statements

BETTERMOO(D) FOOD CORPORATION CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED OCTOBER 31, 2025 AND 2024 (UNAUDITED - EXPRESSED IN CANADIAN DOLLARS) NOTICE OF NO AUDITOR REVIEW OF THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS In accordance with National Instrument 51-102 Part 4, subsection 4.3(3)(a), if an auditor has not performed a review of these condensed interim consolidated financial statements, they must be accompanied by a notice indicating that the condensed interim consolidated financial statements have not been reviewed by an auditor. The accompanying unaudited condensed interim consolidated financial statements of the Company for the three months ended October 31, 2025, have been prepared by and are the responsibility of the Company’s management, and have not been reviewed by the Company’s auditors. BETTERMOO(D) FOOD CORPORATION Condensed Interim Consolidated Statements of Financial Position (Unaudited - expressed in Canadian Dollars) The accompanying notes are an integral part of these condensed interim consolidated financial statements 3 October 31, 2025 July 31, 2025 Note $ $ ASSETS CURRENT Cash 96,725 54,327 Amounts receivable 159,754 68,631 Inventory 5 - 66,000 Prepaid expenses 20,218 46,197 TOTAL ASSETS 276,697 235,155 LIABILITIES AND DEFICIENCY Liabilities CURRENT Accounts payable and accrued liabilities 6,7 1,052,893 1,029,541 Loans payable 201,118 - Provision – legal claim 11 50,000 50,000 1,304,011 1,079,541 NON-CURRENT Deferred tax liability 23,000 23,000 1,327,011 1,102,541 Deficiency Share capital 8 36,138,996 36,210,496 Reserves 8 11,911,899 11,912,740 Accumulated other comprehensive income (“AOCI”) 25,414 25,414 Deficit (49,126,623) (49,016,036) (1,050,314) (867,386) TOTAL LIABILITIES AND DEFICIENCY 276,697 235,155 Nature of operations and going concern (Note 1) Contingencies (Note 11) Authorized for issuance on behalf of the Board on December 22, 2025: “Jonathan Woelk” “Maximilian Justus” Jonathan Woelk, Director Maximilian Justus, Director BETTERMOO(D) FOOD CORPORATION Condensed Interim Consolidated Statements of Loss and Comprehensive Loss For the Three Months Ended October 31, 2025 and 2024 (Unaudited - expressed in Canadian Dollars) The accompanying notes are an integral part of these condensed interim consolidated financial statements 4 2025 2024 Note $ $ Revenue 83,096 62,180 Cost of goods sold 66,630 53,646 Gross profit (loss) 16,466 8,534 Operating expenses Advertising and marketing 12,799 234,738 Consulting fees 7 63,717 65,313 Office and administrative 47,934 103,517 Product development - 27,378 Professional fees 7 30,058 (24,798) Rent - 9,000 Selling costs 15,000 7,635 Merchandise chargebacks 1,907 5,017 Share-based compensation 7,8 2,659 362,372 Transfer agent and filing fees 4,068 6,227 Travel and promotions - 8,820 Wages and benefits 7 31,454 31,017 (209,596) (836,236) Loss before other items (193,130) (827,702) Other items Inventory recovery 5 7,543 5,189 Loss on deconsolidation of Bettermoo(d) on GmbH - (20,830) 7,543 (15,641) Net loss for the period before other comprehensive income (loss) (185,587) (843,343) Other comprehensive income Exchange difference on translating foreign operations - 6,135 Total comprehensive loss for the period (185,587) (837,208) Loss per share – basic and diluted (0.06) (0.40) Weighted average number of common shares outstanding – basic and diluted 3,163,544 2,111,336 BETTERMOO(D) FOOD CORPORATION Condensed Interim Consolidate --- d Statements of Changes in Equity (Deficiency) For the Three Months ended October 31, 2025 and 2024 (Unaudited - expressed in Canadian Dollars) The accompanying notes are an integral part of these condensed interim consolidated financial statements 5 Number of common shares #1 Share Capital $ Reserves $ Share Subscriptions received $ AOCI $ Deficit $ Total $ Balance, July 31, 2024 2,138,517 34,026,671 11,856,866 694,997 25,414 (47,128,988) (525,040) Shares issued in private placement, net of share issuance costs 533,893 1,480,100 - (694,997) - - 785,103 Share-based compensation - - 362,372 - - - 362,372 Net and comprehensive loss - - - - 1 (843,343) (843,342) Balance, October 31, 2024 2,672,410 35,506,771 12,219,238 - 25,415 (47,972,331) (220,907) Balance, July 31, 2025 3,168,608 36,210,496 11,912,740 - 25,414 (49,016,036) (867,386) Shares issued pursuant to RSU exercise 2,500 3,500 (3,500) - - - - Shares returned to treasury (25,000) (75,000) - - - 75,000 - Share-based compensation - - 2,659 - - - 2,659 Net and comprehensive loss - - - - - (185,587) (185,587) Balance, October 31, 2025 3,146,108 36,138,996 11,911,899 - 25,414 (49,126,623) (1,050,314) 1On December 4, 2025, the Company consolidated its common shares on a 4:1 basis, all share amounts have been restated to reflect the share consolidation. BETTERMOO(D) FOOD CORPORATION Condensed Interim Consolidated Statements of Cash Flows For the Three Months Ended October 31, 2025 and 2024 (Unaudited - expressed in Canadian Dollars) The accompanying notes are an integral part of these condensed interim consolidated financial statements 6 2025 2024 $ $ Operating activities Net and comprehensive loss (185,587) (843,343) Items not involving cash: Interest expense 1,118 - Foreign exchange - 16,773 Loss on deconsolidation of subsidiary - 20,830 Share-based compensation and other 2,659 362,372 Changes in non-cash working capital balances: Amounts receivable (91,123) (60,867) Inventory 25,979 (91,564) Prepaid expenses 23,352 (59,999) Accounts payable and accrued liabilities 66,000 (189,636) Cash used in operating activities (157,602) (845,434) Financing activities Proceeds from issuance of units, net of share issue costs - 785,103 Loans received 200,000 - Cash provided by financing activities 200,000 785,103 Change in cash 42,398 (60,331) Effect of foreign exchange on cash - (10,639) Cash, beginning 54,327 153,560 Cash, ending 96,725 82,590 Supplemental Disclosure of Cash Flow Information Cash paid for interest - - Cash paid for income taxes - - Non-cash Investing and Financing Activities Fair value of stock options issued - 121,000 BETTERMOO(D) FOOD CORPORATION Notes to the Condensed Interim Consolidated Financial Statements For the Three Months Ended October 31, 2025 and 2024 (Unaudited - expressed in Canadian Dollars) 7 1. NATURE OF OPERATIONS AND GOING CONCERN Bettermoo(d) Food Corporation (the “Company”) was incorporated under the laws of the Province of Ontario, and on August 6, 2019, was continued into British Columbia. The Company’s head office is located at 800-1199 West Hastings Street, Vancouver, BC V6E 3T5 and the registered and records office is located at 2200 - 885 West Georgia Street, Vancouver, BC V6C 3E8. The Company’s shares trade on the Canadian securities Exchange under the trading symbol “MOOO.X” on the OTCQB under the trading symbol “MOOOF,” and on the Borse Frankfurt Exchange under the symbol “015.” The Company was a food and beverage company focused on developing and del --- ivering high quality products through online and in-store retail platforms. The Company’s principal product was Moodrink, a vegan oat-based beverage. Subsequent to October 31, 2025, the Company ceased its existing retail operations and is initiating a comprehensive review to identify new business opportunities. These condensed interim consolidated financial statements have been prepared on the assumption that the Company will continue as a going concern, meaning it will continue in operation for the foreseeable future and will be able to realize assets and discharge liabilities in the ordinary course of operations. Different bases of measurement may be appropriate if the Company was not expected to continue operations for the foreseeable future. At October 31, 2025, the Company has a working capital deficiency of $1,027,314 and has accumulated losses of $49,126,623 since inception and expects to incur further losses in the development of its business. Management has assessed that cash on hand as at year-end is insufficient to fund operations for the next 12 months in the absence of additional financing. The Company’s continued existence is dependent upon its ability to raise additional capital and to identify and acquire a suitable business opportunity. Failure to do so would have an adverse effect on the consolidated financial position of the Company and its ability to continue as a going concern. These factors indicate the existence of a material uncertainty that may cast significant doubt about the Company’s ability to continue as a going concern. If the going concern assumption were not appropriate for these condensed interim consolidated financial statements, then adjustments may be necessary in the carrying values of assets and liabilities, the reported expenses, and the consolidated statement of financial position classifications used. Such adjustments could be material. 2. BASIS OF PREPARATION Statement of Compliance These condensed interim consolidated financial statements, including comparatives, have been prepared in accordance with IFRS Accounting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”), Interpretations issued by the International Financial Reporting Interpretations Committee (“IFRIC”) and in accordance with International Accounting Standards (“IAS”) 34, Interim Financial Reporting. These condensed interim consolidated financial statements were authorized for issue by the Audit Committee and approved and authorized for issue by the Board of Directors on December 22, 2025. Basis of Measurement These condensed interim consolidated financial statements have been prepared on a historical basis, except for certain financial instruments that have been measured at fair value. In addition, these condensed interim consolidated financial statements have been prepared using the accrual basis of accounting, except for cash flow information. The consolidated financial statements are presented in Canadian dollars, which is the functional currency of the Company and its subsidiary, Bettermoo(d) Holdings Corp. BETTERMOO(D) FOOD CORPORATION Notes to the Condensed Interim Consolidated Financial Statements For the Three Months Ended October 31, 2025 and 2024 (Unaudited - expressed in Canadian Dollars) 7 Basis of Consolidation These condensed interim consolidated financial statements include the accounts of the Company and its subsidiaries. Incorporated Nature October 31, 2025 July 31, 2025 Bettermo --- o(d) Holdings Corp. BC, Canada Consumer products 100% 100% The results of the subsidiaries will continue to be included in the condensed interim consolidated financial statements of the Company until the date that the Company’s control over the subsidiary ceases. Control exists when the Company has the power, directly or indirectly, to govern the financial and operating policies of an entity to obtain benefits from its activities. Intercompany balances and transactions, including unrealized income and expenses arising from intercompany transactions, are eliminated on consolidation. 3. SUMMARY OF MATERIAL ACCOUNTING POLICIES The preparation of financial data is based on accounting principles and practices consistent with those used in the preparation of the audited consolidated financial statement for the year ended July 31, 2025. The accompanying unaudited condensed interim consolidated financial statements should be read in conjunction with the Company`s audited consolidated financial statements for the year ended July 31, 2025. 4. SIGNIFICANT ACCOUNTING ESTIMATES AND JUDGMENTS The preparation of these condensed interim consolidated financial statements requires management to make certain estimates, judgments and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and the reported amounts of expenses during the reporting period. Actual outcomes could differ from these estimates. These condensed interim consolidated financial statements include estimates which, by their nature, are uncertain. The impacts of such estimates are pervasive throughout the consolidated financial statements and may require accounting adjustments based on future occurrences. Revisions to accounting estimates are recognized in the period in which the estimate is revised and future periods if the revision affects both current and future periods. These estimates are based on historical experience, current and future economic conditions and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Significant judgments Management has made significant judgments in the process of applying accounting policies. The ones that have the most significant effect on the amounts recognized in the consolidated financial statements include: i. The assessment of the Company’s ability to continue as a going concern and its ability to execute its strategy by funding future working capital requirements requires judgment. Estimates and assumptions are continually evaluated and are based on historical experience and other factors, such as expectations of future events that are believed to be reasonable under the circumstances. The factors considered by management are disclosed in Note 1. ii. Management is required to assess the functional currency of the Company. In concluding that the Canadian dollar is the functional currency, management considered the currency that mainly influences the operating expenditures in the jurisdiction in which the Company operates. iii. Management has applied judgement in determining whether or not the fair value of the services received pursuant to a certain agreement can be reliably measured. As a result, the Company has measured the transaction based on the fair value of the equity instruments issued therein. iv. The determination of whether there has been a loss of control of a subsidiary requires significant management ju --- dgement. Management assesses whether the Company has lost control over its subsidiaries through the assessment of whether the Company has rights to variable returns from the subsidiary, whether rights and obligations are retained by the Company, and whether the Company has the ability to direct control over the subsidiary’s operations to realize returns from its involvement and investment in the subsidiary. v. The determination of whether certain customer arrangements constitute consignment arrangements requires significant judgment. Management evaluates factors such as when control of the goods transfers, the customer’s rights of return, payment terms, and the respective contractual rights and BETTERMOO(D) FOOD CORPORATION Notes to the Condensed Interim Consolidated Financial Statements For the Three Months Ended October 31, 2025 and 2024 (Unaudited - expressed in Canadian Dollars) 10 obligations of the parties. These assessments affect the timing of revenue recognition and whether inventory remains recorded by the Company. Significant estimates The following are key assumptions concerning the future and other key sources of estimation uncertainty that have a significant risk of resulting in a material adjustment to the carrying amount of assets and liabilities within the current and subsequent fiscal financial years: i. The Company determines its allowance for inventory obsolescence based upon expected inventory turnover, inventory aging, the expiry dates of the products, and current and future expectations with respect to product sales. Assumptions underlying the allowance for inventory obsolescence include future sales trends, marketing strategy and others. These estimates could materially change from period to period due to changes in various factors. ii. The Company uses the Black-Scholes option pricing model to value options and warrants granted during the year. The Black-Scholes model was developed for use in estimating the fair value of traded options that have no vesting restrictions and are fully transferable. The model requires management to make estimates that are subjective and may not be representative. iii. The Company determines the volatility assumption used in the Black-Scholes option pricing model based on assessment of the Company’s historical volatility, which is then benchmarked and adjusted per assessment of comparable companies. The Black-Scholes option pricing model requires management to make estimates which are subjective and may not be representative of actual results. Changes in assumptions including volatility can materially affect estimates of fair values. iv. The Company records revenue net of expected returns arising from customers’ rights to return products. The estimation of expected returns requires management to apply judgment in assessing historical return patterns and current sales trends. 5. INVENTORY Inventory is comprised of raw materials and finished goods held on hand related to the production of Moodrink. October 31, 2025 $ July 31, 2025 $ Raw materials - - Finished goods - 206,618 Impairment of inventory - (140,618) - 66,000 During the three months ended October 31, 2025, the Company recorded $7,543 as inventory recovery (2024 - $nil) and expensed $66,630 as cost of sales (2024 - $53,646). 6. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES October 31, 2025 $ July 31, 2025 $ Accounts payable 974,382 882,677 Accrued liabilities 78,511 146,864 1,052,893 1,029,541 BETTERMOO(D) FOOD CORPORATION Notes t --- o the Condensed Interim Consolidated Financial Statements For the Three Months Ended October 31, 2025 and 2024 (Unaudited - expressed in Canadian Dollars) 7. RELATED PARTY BALANCES AND TRANSACTIONS Key management compensation Related party transactions not otherwise described in these consolidated financial statements are shown below. The remuneration of the Company’s directors and other members of key management, individuals who have the authority and responsibility for planning, directing, and controlling the activities of the Company are as follows: Three months ended October 31, 2025 $ 2024 $ Key Management Compensation Consulting fees - 10,407 Professional fees - 36,000 Wages and benefits 30,000 30,000 Share-based compensation 2,659 158,966 32,659 235,373 Included in the accounts payable and accrued liabilities as at October 31, 2025, is $50,858 (July 31, 2025 – $28,879) related to the services incurred and expense reimbursements due to management and directors. These balances are unsecured, non-interest bearing, and due on demand. 8. SHARE CAPITAL a) Share capital Authorized Unlimited number of common voting shares without par value. b) Issued and outstanding During the three months ended October 31, 2025: On December 4, 2025, the Company consolidated its common shares on a 4:1 basis, all share amounts have been restated to reflect the share consolidation. The Company issued 2,500 common shares pursuant to the conversion of Restricted Share Units. The Company also returned 25,000 common shares to treasury for an RSU exercise that was cancelled by the recipient. The Company has reclassified the original value of $75,000 to deficit. During the three months ended October 31, 2024: On August 30, 2024, the Company closed its non-brokered private placement previously announced on July 26, 2024 and May 3, 2024, issuing 528,607 units at a price of $2.80 per unit for gross proceeds of $1,480,100. Each unit consists of one common share of the Company and one transferable share purchase warrant. Each warrant entitles the holder to purchase one share for a period of five years from issuance at a price of $3.52 per share. The Company also issued 5,286 common shares as administrative shares of the Company to Amalfi Corporate Services Ltd., a related party as the owner was the former CFO of the Company, in consideration for administrative services rendered. BETTERMOO(D) FOOD CORPORATION Notes to the Condensed Interim Consolidated Financial Statements For the Three Months Ended October 31, 2025 and 2024 (Unaudited - expressed in Canadian Dollars) 12 c) Warrants Warrant transactions and the number of warrants outstanding as at October 31, 2025 and July 31, 2025 are summarized as follows: Number of Warrants Exercise Price $ Balance, July 31, 2024 707,015 16.16 Expired (212,064) 16.40 Issued 891,789 2.56 Balance, July 31, 2025 1,386,740 4.82 Balance, October 31, 2025 1,386,740 4.82 The following warrants were outstanding and exercisable as at October 31, 2025: Expiry Date Weighted Average Remaining Contractual Life in Years Exercise Price $ Outstanding and Exercisable November 4, 2025 0.01 1.092 36,765 June 9, 2026 0.61 1.092 29,774 November 12, 2026 1.03 21.60 250,000 December 15, 2028 3.13 1.092 66,489 February 1, 2029 3.26 1.092 31,924 March 1, 2029 3.33 1.092 80,000 August 30, 2029 3.83 1.092 528,606 April 21, 2030 4.47 1.20 363,182 3.25 4.82 1,386,740 Subsequent to October 31, 2025, 36,765 warrants expired unexercised. d) Stock options The Comp --- any has an equity incentive plan (the “Plan”) to grant incentive equity awards to directors, officers, employees and consultants. The Plan is a 20% “rolling” equity incentive plan pursuant to which the maximum number of common shares reserved under the Plan, together with all of the Company’s other previously established or proposed stock options, stock option plans, employee stock purchase plans or any other compensation or incentive mechanisms involving the issuance or potential issuance of common shares, shall not result in the number of common shares reserved for issuance pursuant to awards exceeding 20% of the issued and outstanding common shares as at the date of grant of any award under the Plan. Furthermore, the aggregate number of common shares issued or issuable to persons providing “investor relations activities” (as defined in CSE policies) as compensation within a 12-month period, may not exceed 2% of the total number of common shares then outstanding, or such other percentage as permitted by the policies of the CSE. Pursuant to the terms of the Plan, in addition to the ability to award options (“Options”) to acquire common shares of the Company to participants, the Company has the availability to award restricted share units (“RSUs”), deferred share units (“DSUs”), and performance share units (“PSUs”). BETTERMOO(D) FOOD CORPORATION Notes to the Condensed Interim Consolidated Financial Statements For the Three Months Ended October 31, 2025 and 2024 (Unaudited - expressed in Canadian Dollars) 14 Stock options transactions and the number of stock options outstanding as at October 31, 2025 and July 31, 2025 are summarized as follows: Number of Options Exercise Price $ Balance, July 31, 2024 255,975 8.84 Granted 67,500 2.40 Balance, July 31, 2025 323,475 7.49 Balance, October 31, 2025 323,475 7.49 The following stock options were outstanding and exercisable as at October 31, 2025: Expiry Date Weighted Average Remaining Contractual Life in Years Exercise Price $ Outstanding Exercisable July 9, 2026 0.69 42.00 14,725 14,725 November 12, 2026 1.03 12.00 17,500 17,500 January 31, 2029 3.25 6.40 223,750 223,750 August 15, 2029 3.79 3.00 42,500 42,500 January 9, 2029 4.19 1.40 25,000 25,000 3.16 7.49 323,475 323,475 e) Restricted Share Unit Awards On August 15, 2024, the Company issued 126,875 Restricted Share Unit Awards (“RSUs”) with a fair value of $380,625 to certain directors, officers and consultants of the Company that became fully vested on December 15, 2024. During the year ended July 31, 2025, the Company recognized $279,375 as consulting fees and $101,250 as share-based compensation expense. As at October 31, 2025 all of the RSUs have converted into common shares. On January 9, 2025, the Company granted 5,000 RSUs to an officer. Of these, 2,500 converted into common shares on May 9, 2025, and the remaining 2,500 vested on September 8, 2025 and as at October 31, 2025, the RSUs have been converted to common shares. 9. FINANCIAL INSTRUMENTS Fair value of Financial Instruments The carrying values of cash, amounts receivable and accounts payable and accrued liabilities approximate their fair values due to their short-term nature. Discussions of risks associated with financial assets and liabilities are detailed below: a) Credit risk Credit risk is the risk of an unexpected loss if a customer or third party to a financial instrument fails to meet its contractual obligations. The maximum credit risk the Company is exposed to is 1 --- 00% of cash and its receivables. The Company’s cash is held at a large Canadian financial institution. At October 31, 2025 amounts receivable of $159,754 (July 31, 2025 - $68,831) consisted of $81,461 of receivables related to refundable government goods and services tax. BETTERMOO(D) FOOD CORPORATION Notes to the Condensed Interim Consolidated Financial Statements For the Three Months Ended October 31, 2025 and 2024 (Unaudited - expressed in Canadian Dollars) 14 b) Liquidity risk Liquidity risk is the risk that the Company will be unable to meet its financial obligations as they fall due. The Company's objective to managing liquidity risk is to ensure that it has sufficient liquidity available to meet its liabilities when due. The accounts payable and accrued liabilities are typically due in 30 days, which are settled using cash. The provisions are expected to be settled within one year from the reporting date of the consolidated statements of financial position. As of October 31, 2025, the Company has a working capital deficiency of $1,027,314. Management is considering different alternatives to secure adequate debt or equity financing to meet the Company’s short-term and long-term cash requirement. At present, the Company’s operations do not generate positive cash flow. The Company’s primary source of funding has been the issuance of equity securities. Despite previous success in acquiring financing, there is no guarantee of obtaining future financings. Refer to Note 1. c) Market risk Market risk is the risk that changes in market prices, such as foreign exchange rates and interest rates, will affect the Company’s operations, income, or the value of the financial instruments. The objective of market risk management is to manage and control market risk exposures within acceptable parameters, while optimizing the returns. The Company is exposed to market risk as follows: i. Interest rate risk Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate due to changes in market interest rates. The Company is not exposed to significant interest rate risk due to the short-term to maturity of its financial instruments. The Company had no interest rate swap or financial contracts in place as of October 31, 2025. ii. Price risk The Company has limited exposure to price risk with respect to equity prices. The Equity price risk is defined as the potential adverse impact on the Company’s profit or loss due to movements in individual equity prices or general movements in the level of the stock market. 10. CAPITAL MANAGEMENT The Company’s objective when managing capital is to safeguard its ability to continue as a going concern. In order to facilitate the management of its capital requirements, the Company prepares periodic budgets that are updated as necessary. The Company manages its capital structure and adjusts it to effectively support the Company’s objectives. In order to pay for general administrative costs, the Company will raise additional amounts as needed. The Company reviews its capital management approach on an ongoing basis and believes that this approach, given the relative size of the Company, is reasonable. The Company considers all components of deficiency as components of its capital base. The Company may access capital through the issuance of shares or the disposition of assets. Management historically funds the Company’s expenditures by issuing share capital rather than usin --- g capital sources that require fixed repayments of principal and/or interest. The Company is not subject to externally imposed capital requirements and does not have exposure to asset-backed commercial paper or similar products. The Company believes it will be able to raise additional equity capital as required, but recognizes the uncertainty attached thereto. There were no changes to the Company’s approach to capital management during the period ended October 31, 2025. BETTERMOO(D) FOOD CORPORATION Notes to the Condensed Interim Consolidated Financial Statements For the Three Months Ended October 31, 2025 and 2024 (Unaudited - expressed in Canadian Dollars) 16 11. CONTINGENCIES The Company has been alerted that it is subject to a potential legal claim with Gregg Sedun related to matters associated with Happy Tea Supplements LLC, the predecessor entity of the Company, in the amount of $50,000. These amounts relate to an investment in share capital of the predecessor entity whereby the common shares were not issued. Further to assessment between the Company, legal counsel, and the opposition legal counsel, a settlement arrangement was agreed between parties for the payment of $50,000 cash. Therefore, in accordance with IAS 37, Provision, contingent liabilities and contingent assets, the Company has confirmed that there is a present obligation related to the legal claim and determined the likelihood of payment towards the potential legal claim is highly probable. Accordingly, the Company has recognized the provision in the amount of $50,000 as at October 31, 2025 (July 31, 2025 - $50,000). 12. SEGMENTED INFORMATION During the three months ended October 31, 2025, the Company had one operating segment which was Moodrink, a vegan oat-based beverage in Canada. The following table summarizes the Company’s reportable operating segments for the three months ended October 31, 2025: Moodrink $ Corporate $ Total $ Segment Information Revenue 83,096 - 83,096 Cost of goods sold (66,630) - (66,630) Operating expenses (117,748) (91,848) (209,596) Other expenses 7,543 - 7,543 Net Loss (93,739) (91,848) (185,587) Total assets 188,842 87,855 276,697 Total liabilities 301,357 1,025,654 1,327,011 The following table summarizes the Company’s reportable operating segments for the three months ended October 31, 2024: Moodrink $ Corporate $ Total $ Segment Information Revenue 62,180 - 62,180 Cost of goods sold (53,646) - (53,646) Operating expenses (298,434) (537,802) (836,236) Other expenses 5,189 (20,830) (15,641) Net Loss (284,711) (558,632) (5,206,493) As at July 31, 2025 Total assets 218,394 151,117 369,511 Total liabilities 270,414 624,137 894,551