TRUBAR Inc. — M&A Activity 2026

Feb 6, 2026

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NOTICE OF CHANGE IN CORPORATE STRUCTURE Pursuant to section 4.9 of National Instrument 51-102

Continuous Disclosure Obligations

Item 1 Names of the parties to the transaction:

TRUBAR Inc. ("Trubar" or the "Company"), ETİ Gıda Sanayi ve Ticaret A.Ş. ("ETİ") and 1564128 B.C. Unlimited Liability Company ("Purchaser"), an affiliate of ETİ.

Item 2 Description of the transaction:

On February 6, 2026, the Company, Purchaser and ETİ completed a court approved plan of arrangement (the "Arrangement") under Division 5 of Part 9 of the Business Corporations Act (British Columbia) pursuant to which, among other things, Purchaser acquired all of the issued and outstanding common shares in the capital of Trubar (the "Company Shares") for cash consideration equal to C\$1.64 per share.

The Arrangement was completed pursuant to the terms of an arrangement agreement entered into on November 23, 2025 among Trubar, ETİ and Purchaser (the "Arrangement Agreement").

It is expected that the Shares will be delisted from the TSX Venture Exchange as of the close of business on February 9, 2026 and that the Corporation will receive an order granting the Company's application to cease to be a reporting issuer in each of the applicable jurisdictions in Canada.

Item 3 Effective date of the transaction:

February 6, 2026.

Item 4 Name of each party, if any, that ceased to be a reporting issuer after the transaction and of each continuing entity

The Company has applied to cease to be a reporting issuer (or equivalent thereof) in all applicable Canadian jurisdictions.

Item 5 Date of reporting issuer's first financial year-end subsequent to the transaction

Not applicable.

Item 6 Periods, including comparative periods, if any, of the interim and annual financial statements required to be filed for the reporting issuer's first financial year subsequent to the transaction

Not applicable.

Item 7 Documents filed under this Instrument that described the transaction and where those documents can be found in electronic format, if paragraph (a) or subparagraph (b)(ii) of Section 4.9 applies.

Not applicable.

Dated February 6, 2026.