Hill Incorporated Announces Issuance of Failure to File Cease Trade Order

(TheNewswire)

Toronto, ON. – TheNewswire - November 4, 2025 — HillIncorporated, formerly Hill Street Beverage Company Inc. (TSXV: HILL)(" Hill ” or the" Company "),announces today that the Ontario Securities Commissionhas issued a failure to file cease trade order (" FFCTO ")prohibiting the trading by any person of any securities of the Companyin Canada, including trades in the Company's common shares madethrough the TSX Venture Exchange (" TSXV ").

The FFCTO was issued because of the delay in the filingof the Company's annual audited financial statements for the yearended June 30, 2025, the related Management's Discussion andAnalysis for the period ended June 30, 2025, and CEO and CFOcertifications (collectively, the " Annual Filings ") which were due on October 28, 2025 underapplicable securities laws.

The delay in filing was due to cash collection issues faced by theCompany that have caused financial constraints and delays incommitting amounts owing to its auditors to complete the FY 2025audited annual financial statements.

The FFCTO prohibits the trading by any person of anysecurities of the Company in each jurisdiction in Canada in which theCompany is a reporting issuer, including trades in the Company'scommon shares made through the TSX Venture Exchange (which imposed ahalt of trading of the Company's common shares on November 3, 2025) , for as long as theFFCTO remains in effect; however, the FFCTO provides an exception forbeneficial securityholders of the Company who are not (and were notwhen the FFCTO was issued) insiders or control persons of the Companyand who sell securities of the Company acquired before the date theFFCTO was issued if both of the following criteria are met: (i) thesale is made through a "foreign organized regulated market",as defined in section 1.1 of the Universal Market Integrity Rules ofthe Canadian Investment Regulatory Organization and (ii) the sale ismade through an investment dealer registered in a jurisdiction ofCanada in accordance with applicable securities legislation.

The Company will provide further updates as moreinformation becomes available or when required by applicablesecurities laws. There is no assurance that the Company will be ableto remedy its filing default and have the FFCTO lifted in a timelymanner or at all.

About Hill Incorporated (TSXV:HILL)

Hill Incorporated is a progressive bioscience implementation companythat is dedicated to building pathways to better and healthier livingby leveraging our deep CPG expertise to commercialize leading-edgetechnologies to craft superior cannabis solutions and non-alcoholicbeverage products globally. Our Hill Avenue Cannabis business unit ispioneering the space where craft consumer products meet bioscience bycombining our deep CPG commercialization expertise with our rights touse Lexaria Bioscience Corp’s ground-breaking DehydraTECH patentportfolio for product development, licensing and B2B and B2C sales ofcannabis ingredients or products on a global scale. Our Hill StreetBeverages business unit represents the Company’s legacy alcohol-freeconsumer beverage marketing and distribution business.

For more information,contact:

Craig Binkley, Chief Executive Officer

Email: craig@hillincorporated.com

Phone: 604-609-6154

Neither TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of thisrelease.

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