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Blender Bites Limited Provides Update on Delay of Filings

Source: TheNewsWire

(TheNewswire)

March 4, 2025 – Vancouver, British Columbia – TheNewswire - BlenderBites Limited (the “ Company ”, “ Blender Bites ” or“ Blender ”), (CSE: BITE, FWB: JL4, WKN: A3DMEJ) announces that,further to its February 14, 2025 press release regarding its delay infiling its financial statements for the period ended October 31, 2024,and the related management’s discussion and analysis, and CEO andCFO certifications (collectively, the “ RequiredFilings ”), which were required to befiled on or before February 28, 2025, the Company has been granted amanagement cease trade order (“ MCTO ”) under theprovisions of National Policy 12-203 – Management Cease TradeOrders (“ NP 12-203 ”) in connectionwith the late filing of the Required Filings. The MCTO application wasgranted on March 3, 2025, and as a result, the Company's common sharesmay not be traded by the Company's Chief Executive Officer or itsinterim-Chief Financial Officer. The Company’s common shares maystill be traded by other shareholders.

The expected delay in filing the Required Filings isdue to the Company's former auditor, GreenGrowth CPAs, resigning asthe auditors of the Company on their own initiative on July 10, 2024and the Company's new auditor not being appointed until October 31,2024, as well as the resignation of the Company’s former CFO onFebruary 13, 2025.

The Company confirms that it intends to satisfy theprovisions of the alternative information guidelines described in 10of NP 12-203 and issue biweekly default status reports for so long asit remains in default of the requirement to file the Required Filings.The Company has not taken any steps towards any insolvency proceedingand the Company has no material information to release to the public.The Company has made the foregoing representations in accordance withthe requirements of applicable securities laws.

ABOUT BLENDER BITES

Blender Bites is a multi-award-winning Canadian companyinvolved in the development and marketing of a line of premium frozenbeverage products with a focus on functionality. Blender Bites wasfounded in 2017 and quickly became a leader in the “easy smoothie”category in North America. With a focus on better-for-you ingredientsand convenience, the Company is proud to be pre-portioned without theuse of any inner plastic packaging. Blender Bites products arecertified organic, non-GMO, gluten free, dairy free and soy free andcontain functional ingredients such as whole food vitamins, collagen,and probiotics. Blender Bites 1-Step Smoothies and 1-Step Frappes aredistributed across Canada and the US, and are currently sold in over7000 stores, including Walmart, Albertsons, HEB, Whole Foods andPublix.

On behalf of the Board of Directors,

Blender Bites Limited

Chelsie Hodge, Chief Executive Officer

Email – chelsie@blenderbites.com

Telephone – 236-521-0626

For further information, contactBlender IR Team at:

Email – investors@blenderbites.com

Telephone – 1-888-997-2055

Media Contact – teamblenderbites@jonesworks.com

CAUTIONARY DISCLAIMERSTATEMENT

This news release includes certain“forward-looking statements” under applicable Canadian securitieslegislation, including the timing of filing of the Required Filings bythe Company. Forward-looking statements are necessarily based uponseveral estimates and assumptions that, while considered reasonable,are subject to known and unknown risks, uncertainties, and otherfactors which may cause the actual results and future events to differmaterially from those expressed or implied by such forward lookingstatements. All of these assumptions have been derived frominformation currently available to the Company including informationobtained by the Company from third-party sources. Readers arecautioned that actual results and future events could differmaterially from those anticipated in such statements. Accordingly,readers should not place undue reliance on forward-looking statements.The Company disclaims any intention or obligation to update or reviseany forward-looking statements, whether as a result of newinformation, future events or otherwise, except as required bylaw.

Copyright (c) 2025 TheNewswire - All rights reserved.

Blender Bites Limited

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