Certain statements in this release are forward-looking statements or information, which include, but are not limited to, statements regarding anticipated production volumes, including expected annual pod volumes relative to the Company’s previously stated range, expected demand from existing and prospective customers, the scope and timing of customer commitments and partner transitions, Company’s commercialization strategy, expected improvements in manufacturing efficiency and unit economics, the evaluation and pursuit of strategic opportunities, including partnerships and licensing arrangements, expected operating and capital requirements, including management’s belief that the Company’s existing financial resources are sufficient to meet its operating and capital requirements for at least 12 months, and the Company’s ability to execute its business strategy. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business and economic conditions in the markets in which the Company operates, the Company’s ability to execute on its business strategy, maintain and grow partnerships, onboard new customers, and respond to market conditions, the Company’s ability to achieve anticipated production volumes and improve unit economics, the availability and cost of raw materials and changes in consumer demand for compostable products, and those risks set out in the Company’s management’s discussion and analysis for the year ended May 31, 2026 under the headings “Risk and Uncertainties”. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, anticipated costs, and the ability to achieve goals, that the Company’s current partners will continue to increase order volumes, that new customer relationships will result in recurring revenue, that the Company will be able to maintain or reduce per-pod unit costs as production scales, and that general economic and market conditions will not deteriorate. Factors that could cause the actual results to differ materially from those in forward-looking statements include, without limitation, loss of key customer relationships, disruptions to supply chains or manufacturing operations, adverse changes to tariff or trade policies, general economic, market or business conditions, and other factors beyond the Company’s control. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.