VANCOUVER, BC, April 29, 2026 — Eat Well Investment Group Inc. (CSE: EWG) (US: EWGFF) (FSE: 6BC0) ("Eat Well" or the "Company"), a leading agribusiness focused on premium pulse processing and sustainable food ingredients, is pleased to announce the filing of its audited consolidated financial statements and accompanying Management's Discussion & Analysis ("MD&A") for the fiscal year ended December 31, 2025 (the "FY2025 Annual Filings"). This filing marks the first time the Company has filed its annual audited financial statements on time in several years, and completes all outstanding annual continuous disclosure obligations.
Completing the Filing Roadmap
The FY2025 Annual Filings build on significant progress made over the past twelve months. On March 16, 2026, the Company filed its audited consolidated financial statements for the fiscal years ended December 31, 2023 and December 31, 2024, along with the corresponding MD&As. On April 27, 2026, the Company filed its unaudited quarterly condensed interim financial statements for all four quarters of fiscal 2024. With today's FY2025 Annual Filings, the Company has now satisfied all outstanding annual reporting obligations.
The Company expects to file its remaining outstanding quarterly interim financial statements for fiscal 2025 within the coming weeks, after which it will make the necessary applications to the British Columbia Securities Commission ("BCSC") and the Canadian Securities Exchange ("CSE") to seek a full revocation of the Cease Trade Order ("CTO") and resume trading on the CSE. There can be no assurance that a full revocation of the CTO will be granted.
FY2025 Financial Highlights
For the fiscal year ended December 31, 2025, the Company reported:
- Revenue of $53.2 million (FY2024: $54.3 million)
- Gross Profit of $6.9 million, a 16% improvement over FY2024 gross profit of $5.9 million
- Net Loss of $6.1 million, improved from a net loss of $7.0 million in FY2024
- Cash of $6.6 million at December 31, 2025, up from $4.6 million at December 31, 2024
The improvement in gross profit reflects the Company's continued focus on processing margin, operational efficiency, and disciplined cost management across its pulse processing facilities in Saskatchewan, Canada and Montana, United States. Revenue was modestly lower year-over-year, consistent with commodity market dynamics and the broader pulse pricing environment, but the business delivered meaningfully improved profitability at the gross level.
Management Commentary
"I am very pleased to report actionable results for our shareholders as we bring our annual filings fully up to date and turn the page on a challenging chapter for the Company. The CTO was a difficult period — but we used it as an opportunity to completely rebuild our financial reporting infrastructure and back-end operations from the ground up, and I am confident we will never find ourselves in this position again.
From a business perspective, we operate in a cyclical industry that ebbs and flows with commodity markets, and FY2025 reflects that reality — but more importantly, it reflects that we are coming out of that challenging period. A 16.9% improvement in gross profit is meaningful, and it is consistent with the stronger operating years our business has delivered historically. We are trending in the right direction.
The broader environment is also working in our favour. We are seeing real sector-wide momentum — IPOs, M&A activity, and renewed investor interest in agribusiness. The recent $625 million agribusiness IPO, along with multiple sector exits and transactions, signals that the market is recognizing the value in what companies like ours are building. These are tailwinds we intend to capitalize on.
Phase one — securing the foundation — is now complete. We have divested non-core assets, rebuilt our governance and reporting standards, and sharpened our focus entirely on what matters: sustainable agriculture and food security.
To our shareholders who have shown extraordinary patience throughout this process — thank you. We look forward to providing further updates in the near term."
— Daniel Brody, President, CEO & Director
About Eat Well
Eat Well Group is a Canadian-based leader in sustainable protein, dedicated to shaping the future of global food systems. As the 100% owner of Belle Pulses Ltd., one of North America's largest pulse processors, we have been at the forefront of plant-based protein innovation for over 45 years. Our IP-driven facilities across North America supply premium-quality ingredients to over 35 countries, supporting a growing demand for healthy, sustainable nutrition. With a team of over 50 employees, we are committed to excellence, innovation, and feeding the world with the highest-quality plant-based foods.
To learn more, join Eat Well's mailing list for important updates.
Contact Information
Eat Well Investment Group Inc.
Daniel Brody, President, CEO & Director
ir@eatwellgroup.com
www.eatwellgroup.com
Disclaimer for Forward-Looking Statements
This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable Canadian securities legislation (collectively "forward-looking statements"). Forward-looking statements are often, but not always, identified by the use of words such as "seek," "anticipate," "believe," "plan," "estimate," "expect," "likely" and "intend" and statements that an event or result "may," "will," "should," "could" or "might" occur or be achieved and other similar expressions. These forward-looking statements include, but are not limited to, statements related to the completion of the Private Placement, the filing of the Annual Filings and the Interim Filings, and other delayed filings, the Company's application for a full revocation of the CTO, the resumption of trading of the Company's shares on the CSE, future developments and the business and operations of the Company. Such forward-looking statements should not be unduly relied upon. Forward-looking information is based on assumptions that may prove to be inaccurate. The Company considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those expressed or implied in the forward-looking information, including the business, financial, credit and other market risks. The forward-looking statements in this news release are made as of the date of this release. The Company disclaims any intention or obligation to update or revise such information, except as required by applicable law. For more information on the Company and the risks and challenges of its business, investors should review the Company's continuous disclosure filings that are available at www.sedarplus.ca.