Plantify Foods to Settle Portion of CEO Consulting Fees with Shares

Toronto, Ontario — June 17, 2026 — Leads & Copy — Plantify Foods, Inc. (TSXV: PTFY) announced that it has entered into a consulting agreement with Moshe Revach, who will serve as the Company’s Chief Executive Officer. As part of this agreement, a portion of the consulting fees payable to Mr. Revach will be settled in common shares of the Company.

Under the terms of the Consulting Agreement, Mr. Revach will receive a cash consulting fee of CAD$5,000 per month for his ongoing services as CEO. Additionally, the Company will issue shares valued at CAD$15,000 each calendar quarter as compensation for services rendered during that period. This quarterly share issuance will be determined based on the greater of the 90-day volume-weighted average trading price of the shares on the TSX Venture Exchange or the Discounted Market Price, as defined by TSXV policies, calculated from the last closing price prior to the news release announcing the issuance.

The deemed value per share and the total number of shares to be issued will be fixed after the services have been provided. Shares issued under this agreement will be subject to a statutory four-month and one-day hold period from their issuance date, in accordance with Canadian securities laws. Both the Consulting Agreement and each quarterly share issuance require acceptance from the TSX Venture Exchange. Plantify Foods intends to issue a separate news release for each quarterly share issuance, adhering to TSXV policies.

Mr. Revach is considered a “related party” to Plantify Foods due to his role as Chief Executive Officer. Consequently, the issuance of shares to him qualifies as a “related party transaction” under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. The Company is utilizing exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101. These exemptions are based on the provision that, at the time of agreement for each quarterly share issuance, the fair market value of the shares to be issued to Mr. Revach does not exceed 25% of the Company's market capitalization. This reliance is made under sections 5.5(b) and 5.7(1)(a) of MI 61-101, respectively.

Plantify Foods, Inc. is a clean label food company dedicated to developing, producing, and selling plant-based food products formulated with whole, natural ingredients.

Source: Plantify Foods, Inc.