Above Food Ingredients Issues Statement In Response To Recent Market Speculation And Unusual Trading Activity In Its Shares

Above Food Ingredients Inc. (NASDAQ:ABVE) ("Above Food" or the "Company") today issued a statement in response to recent market speculation and unusual trading activity in its shares.

The Company will provide a comprehensive update on the completion of the audit of its consolidated financial statements for the fiscal year ended January 31, 2025 ("Fiscal 2025") and its related annual report on Form 20-F (the "Form 20-F") in the week of March 23, 2026.

Recent suggestions and speculation that there have been trades in the Company's Securities based upon inside information are categorically false to the full extent of management's knowledge. Management and other insiders remain fully committed to the long-term success of Above Food and have not sold, transferred, or otherwise entered into pledging or hedging arrangements with respect to their holdings of the Company's shares.

With respect to concerns about a potential delisting, the Company remains well within the filing extension period that the NASDAQ Hearings Panel has discretion to approve. The Company is working closely with all relevant stakeholders, including its independent auditor and applicable regulatory authorities, to complete the remaining procedural steps as efficiently and expeditiously as practicable.

Above Food will continue to monitor market activity and will make further announcements as appropriate and in accordance with its continuous disclosure obligations.