Purebread Brands Inc. — Board/Management Information 2025

Feb 6, 2025

FORM 51-102F3
MATERIAL CHANGE REPORT

1. Name and Address of Company
   Purebread Brands Inc. (the “Company” or “Purebread”)
   1623 Pandora Street,
   Vancouver, BC V5L 0B1

2. Date of Material Change
   February 4, 2025

3. News Release
   A news release dated February 4, 2025, was disseminated via Newsfile.

4. Summary of Material Change
   On February 4, 2025, the Company announced that Amrit Maharaj had been appointed as Interim CEO, effective immediately. Mr. Maharaj, who currently serves as Chief Operating Officer (COO) of the Company, succeeds Andrew Barnes, who has stepped down as Chief Executive Officer.

5. Full Description of Material Change

5.1 Full Description of Material Change
On February 4, 2025, the Company announced that Amrit Maharaj had been appointed as Interim CEO, effective immediately. Mr. Maharaj, who currently serves as Chief Operating Officer of the Company, succeeds Andrew Barnes, who has stepped down as Chief Executive Officer.

Amrit Maharaj steps into the Interim CEO role with extensive leadership experience and a strong background in growth, partnerships, and brand building. Having co-founded Purebread (formerly Coho Collective Kitchens Inc.), he has been a key contributor to Purebread’s success, growth, geographical expansion, and is well-positioned to drive the Company forward.

The Board of Directors has commenced a search for a permanent CEO. Purebread remains committed to its mission of becoming Canada’s community bakery and spreading happiness one treat at a time.

5.2 Disclosure for Restructuring Transactions
Not applicable.

1. Reliance on subsection 7.1(2) of National Instrument 51-102
   Not applicable.

2. Omitted Information
   No significant facts remain confidential, and no information has been omitted in this report.

3. Executive Officer
   Amrit Maharaj, Interim Chief Executive Officer of the Company, is knowledgeable about the material change and can be contacted at (604)889-5865.

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1. Date of Report

February 6, 2025