CubicFarm Systems Corp. — Audit Report / Information 2023

Apr 22, 2024

cubicfarms TECHNOLOGY TO FEED A CHANGING WORLD

CUBICFARMS.COM

TO: British Columbia Securities Commission Alberta Securities Commission Financial and Consumer Affairs Authority of Saskatchewan The Manitoba Securities Commission Ontario Securities Commission New Brunswick Financial and Consumer Services Commission Nova Scotia Securities Commission Office of the Superintendent of Securities, Prince Edward Island Office of the Superintendent of Securities, Service Newfoundland and Labrador

AND TO: MSLL CPA LLP ("MSLL") KPMG LLP, Chartered Professional Accountants ("KPMG")

RE: Notice of Change of Auditor – CubicFarm Systems Corp.

In accordance with section 4.11 of National Instrument 51 – 102 – Continuous Disclosure Obligations ("NI 51-102"), CubicFarm Systems Corp. (the "Company") reports that:

Former Auditor

1. On May 28, 2023, KPMG resigned as the auditor of the Company.
2. The Audit Committee (the "Audit Committee") of the Board of Directors of the Company (the "Board") considered and approved the resignation.
3. There have been no modified opinions expressed in any of the audit reports of KPMG on any of the Company's financial statements for the two most recently completed fiscal years or any subsequent periods prior to the date of resignation of KPMG.
4. The Board is of the opinion that there were no "reportable events" as defined by NI 51-102, which occurred in connection with the audit of the two most recently completed fiscal years or for any period subsequent to the most recently completed fiscal period for which an Auditors' Report was issued prior to the date of resignation of KPMG.

Successor Auditor

1. The Board and the Audit Committee of the Company appointed MSLL as its new auditor effective as of April 15, 2024.

Dated April 15, 2024

CUBICFARM SYSTEMS CORP.

Per: (s) Michael Kyne Michael Kyne Chief Financial Officer

CUBICFARM SYSTEMS CORP. 353 - 19951 80A AVENUE, LANGLEY, BRITISH COLUMBIA, CANADA V2Y 0E2 OFFICE 1.888.280.9076