Vancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - Planet Based Foods Global Inc. (CSE: PBF) (OTC Pink: PBFFF) (FSE: AZ00) (the "Company" or "PBFG") announces that it has changed its auditor from MNP LLP (the "Predecessor Auditor") to DMCL LLP (the "Successor Auditor" or "DMCL"), effective February 18, 2026. The change in auditors was approved by the Company's board of directors to better align audit and advisory services with the Company's growth strategy and evolving operations.The appoi ...

Group 1 - Planet Based Foods Global Inc. has decided not to proceed with the establishment of its wholly owned subsidiary, PBFG Trade Pte. Ltd. in Singapore, as announced in a previous news release on October 22, 2025 [1] Group 2 - Planet Based Foods Global Inc. focuses on sustainable ingredients, plant-based solutions, and advancements in agricultural technology, aiming to create a cleaner, healthier, and more resilient global food system [2]

Core Points - Planet Based Foods Global Inc. held its annual general meeting (AGM) on November 24, 2025, in Vancouver, British Columbia, to discuss matters related to the financial years ended December 31, 2023, and December 31, 2024 [1] - Shareholders approved all matters outlined in the Company's Notice of Meeting and Management Information Circular dated October 23, 2025, with 19,585,642 shares represented, accounting for 55.98% of the total issued shares [2] Summary by Categories Number of Directors - The number of directors for the Company was set at six (6) for the upcoming year [3] Election of Directors - All nominated directors were elected to serve until the next annual meeting or until their successors are appointed [4] Appointment of Auditor - MNP LLP, Chartered Accountants, was appointed as the auditor for the Company for the ensuing year, with the Board authorized to fix the auditor's remuneration [4] Approval of Compensation Arrangement - Shareholders approved the evergreen security-based compensation arrangement, which includes the Company's stock option plan and restricted share unit plan [5] Ratification of Past Acts - An ordinary resolution was passed to ratify and confirm all acts, contracts, proceedings, appointments, elections, payments, and engagements made by or on behalf of the Company since the last AGM [6] Company Overview - Planet Based Foods Global Inc. focuses on sustainable ingredients and plant-based solutions, aiming to create a cleaner, healthier, and more resilient global food system [7]

Core Points - Planet Based Foods Global Inc. is clarifying information regarding its management information circular in preparation for the annual general meeting of shareholders scheduled for November 24, 2025 [1][3] - The Chief Financial Officer, Supreet Bhullar, was incorrectly listed as a nominee for election as a director; she is not nominated [2] - The correct nominees for election as directors include Kerem Akbas, David Eaton, Olha Yushchenko, Beata Jirava, Ceri Cukran, and William Blake Aaron [2][3] Company Overview - Planet Based Foods Global Inc. focuses on sustainable ingredients, plant-based solutions, and advancements in agricultural technology [4] - The company aims to empower food manufacturers, partners, and consumers to contribute to a cleaner, healthier, and more resilient global food system [4] - Planet Based Foods operates with integrity and purpose, aligning its products with evolving consumer values for a sustainable future [4]

Corporate Developments - Planet Based Foods Global Inc. (PBFG) announces significant corporate developments as part of its growth strategy [1] - Kerem Akbas has been appointed as Chief Executive Officer, President, and Chair of the Board, succeeding Claire Skillen [2] - Akbas will not receive direct compensation until the company achieves positive cash flow, with compensation tied to profitability [3] - Andrew McLeod has been appointed as interim Corporate Secretary, succeeding Dawn Wattie [5] - Brittany Ray-Wilks has concluded her tenure as Chief Operating Officer as part of the organizational realignment [7] Leadership Background - Kerem Akbas is a Turkish-Canadian entrepreneur and tech investor with a strong background in finance and business development [4] - Akbas runs a family office focusing on strategic investments in technology and has a proven track record in building and managing businesses [4] - Andrew McLeod, the new interim Corporate Secretary, is the founder of PEAK Legal Counsel and has advised companies on corporate governance for over a decade [6] Subsidiary Establishment - PBFG has established a wholly owned subsidiary, PBFG Trade Pte. Ltd., in Singapore to support its international operations and partnerships [8] Company Overview - Planet Based Foods Global Inc. focuses on sustainable ingredients, plant-based solutions, and advancements in agricultural technology [9] - The company aims to empower food manufacturers and consumers to participate in a cleaner and more resilient global food system [9]

Core Insights - Planet Based Foods Global Inc. has entered into a royalty agreement for horticultural inputs produced in Van, Türkiye, marking a strategic move to diversify its revenue base [1][2] - The company will manage operations under this agreement and expects to receive a recurring revenue stream through monthly distributions, supporting both near-term revenue generation and long-term growth initiatives [2][3] - The establishment of recurring revenues is viewed as a significant milestone for the company, aligning with its mission to deliver shareholder value and sustainable solutions [3] Company Overview - Planet Based Foods Global Inc. focuses on sustainable ingredients, plant-based solutions, and advancements in agricultural technology, aiming to create a cleaner and healthier global food system [4] - The company emphasizes environmental stewardship, product excellence, and scalable impact, empowering food manufacturers and consumers to align with evolving consumer values [4]

Core Insights - Planet Based Foods Global Inc. (PBFG) has received strong support from its majority shareholder, Coenda Investments, regarding its new leadership direction and strategic focus [2][3] - The company has announced an exclusive distribution partnership with Enerama Çevre Teknolojileri A.Ş. for North and South America, which is expected to drive growth and long-term value creation [2][3] - PBFG's refined strategy focuses on scaling Agri-Tech distribution and advancing food security solutions, aiming to create sustainable revenue streams and address global food demand [4] Company Overview - PBFG is a women-led public company dedicated to enhancing global food security through sustainable innovation, reflecting a commitment to responsible growth and shareholder value [5] - The company is reimagining the future of food with a diverse portfolio of sustainable ingredients and advancements in agricultural technology, emphasizing environmental stewardship and product excellence [6] Strategic Focus - The partnership with Enerama is intended to leverage clean technology solutions for climate-controlled agriculture, establishing commercial channels with recurring revenue potential [3][4] - PBFG aims to develop scalable food systems that meet rising global demand, creating diversified revenue opportunities across commercial and institutional supply chains [4]

Corporate Developments - Planet Based Foods Global Inc. (PBFG) has entered into a binding framework agreement with Enerama Çevre Teknolojileri A.Ş., granting PBFG exclusive rights in North and South America to distribute Enerama's Dragon Climate Control and Pyramid Garden Vertical Farming technologies [2] - The agreement also allows PBFG to market Enerama products globally and establishes a dealer network across the Americas, with sales targets structured to align distribution performance with equity participation, potentially allowing PBFG to earn up to 80% ownership in Enerama through milestone achievements [3] Annual General Meeting - The Annual General Meeting (AGM) for financial years ended December 31, 2023, and December 31, 2024, will be held on November 24, 2025, as per a Supreme Court order [4] - The record date for determining shareholders entitled to vote at the AGM is October 15, 2025, with further details to be distributed to shareholders [4] Leadership Appointment - Brittany Ray-Wilks has been appointed as Chief Operating Officer of PBFG, bringing extensive experience from her previous roles in industrial services, construction, engineering, and manufacturing sectors [5][6] - Recognized for her ability to scale operations and foster stakeholder relationships, Brittany is expected to play a pivotal role in advancing PBFG's operational and strategic initiatives [7] Company Overview - Planet Based Foods Global Inc. focuses on sustainable ingredients, plant-based solutions, and advancements in agricultural technology, aiming to empower food manufacturers and consumers towards a more sustainable food system [8]

Group 1 - The Supreme Court of British Columbia granted Planet Based Foods Global Inc. the petition to hold its annual general meetings for the years ended December 31, 2023, and December 31, 2024 [2] - The Company's Board of Directors will soon convene to call a meeting of shareholders, with details regarding the record date, meeting date, and business matters to be announced later [2] Group 2 - Planet Based Foods Global Inc. focuses on sustainable ingredients, plant-based solutions, and advancements in agricultural technology, aiming to create a cleaner and healthier global food system [3] - The Company emphasizes environmental stewardship, product excellence, and scalable impact, aligning its products with evolving consumer values for a sustainable future [3]

Core Points - Planet Based Foods Global Inc. is undergoing governance reforms and has filed a petition with the Supreme Court of British Columbia regarding its shareholder meetings [1][2] - A Notice of Hearing has been served, and the petition will be heard on September 12, 2025, at 9:45 AM at the Vancouver courthouse [2] - The company does not anticipate opposition to the petition, as there have been no inquiries since the previous news release [3] Company Overview - Planet Based Foods Global Inc. focuses on sustainable ingredients, plant-based solutions, and advancements in agricultural technology, aiming to create a cleaner and healthier global food system [4] - The company emphasizes environmental stewardship, product excellence, and scalable impact, aligning its products with evolving consumer values [4]