Jeffs’ Brands Acquires Shares of Fort Technology Inc.

Vancouver, British Columbia — December 31, 2025 — Leads & Copy — Jeffs’ Brands Ltd. has acquired 3,401,603 common shares of Fort Technology Inc. as settlement for outstanding debt.

Jeffs’ Brands acquired the shares on December 31, 2025, at a deemed issue price of $0.99 per share, which settles USD2,462,767 of debt owed by Fort Technology. The debt converted into CAD3,367,587.60 based on the Bank of Canada exchange rate on December 24, 2025.

The issuance from treasury had approvals from the TSXV Venture Exchange and disinterested shareholders representing at least 50% of the Fort Technology shares not held by Jeffs’ Brands.

The debt settlement triggered the requirement to file an early warning report.

Immediately before the debt settlement, Jeffs’ Brands held 14,285,714 shares and 9,428,571 contingent rights of Fort Technology, representing approximately 75.02% on a non-diluted basis and 83.29% on a partially diluted basis.

On October 1, 2025, Fort Technology completed a share consolidation on a basis of seven pre-consolidation shares for one post-consolidation share. The number of shares and contingent rights disclosed were adjusted since Jeffs’ Brands initial early warning report on July 7, 2025.

Following the debt settlement, Jeffs’ Brands holds 17,687,317 shares and 9,428,571 contingent rights of Fort Technology, representing approximately 77.83% on a non-diluted basis and 84.33% on a partially diluted basis. The deemed value of the acquired shares is $0.99 per share. The 9,428,571 contingent rights are exercisable into an equal number of shares upon meeting certain predetermined milestones.

Jeffs’ Brands holds securities of Fort Technology for investment purposes. Jeffs’ Brands does not currently have plans to acquire additional securities or dispose of its holdings in Fort Technology but may acquire or dispose of securities depending on market conditions, changes in plans, or other relevant factors, subject to applicable securities law.

Fort Technology Inc. is located at c/o Suite 501, 3292 Production Way, Burnaby, British Columbia V5A 4R4. A copy of the related early warning report can be obtained from the SEDAR+ website (www.sedarplus.ca) or from Jeffs’ Brands at +972 545330073, or by email at ronen@jeffsbrands.com.

Contact: Ronen Ben-Zvi, +972 545330073, ronen@jeffsbrands.com

Source: Jeffs’ Brands Ltd