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CULT Food Science Adopts Semi-Annual Reporting

CULT Food Science Adopts Semi-Annual Reporting

Cult Food Science Corp.April 21, 20265
CULT Food Science Adopts Semi-Annual Reporting

About this update from Cult Food Science Corp.

(TheNewswire)Toronto, Ontario – TheNewswire - April 21, 2026 / CULT Food Science Corp. (“CULT” or the “Company”) CSE:CULT OTC:CULTF (FRA: LN00), a disruptive food technology investment platform focusedon making investments to pioneer the commercialization of lab-grownmeat and cellular agriculture to reshape the global food industry,announces that it has elected to rely on Coordinated Blanket Order51-933 - Exemptions to Permit Semi-Annual Reporting for CertainVenture Issuers (the "Order") and move to semi-annualfinancial reporting ("SAR").The Order allows eligible venture issuers listed on the CanadianSecurities Exchange (the "CSE") to voluntarily move from aquarterly to a semi-annual financial reporting framework. TheCompany's fiscal year ends on December 31st. Under the SAR pilot program,the Company will be exempt from filing interim financial reports andrelated Management's Discussion & Analysis (MD&A) for itsfirst and third quarters.Interim Period: The Company will not file an interim report for thefirst quarter (Q1) ending March 31st and the third quarter (Q3) ending September 30th; andOngoing Reporting: The Company will continue to file audited financialstatements (due within 120 days of December 31st) and six-month interimfinancial reports (due within 60 days of June 30th).The Company confirms it meets the pilot program's eligibilitycriteria, which include being a venture issuer with annual revenues ofless than $10 million, having a disclosure record of over 12 monthsand having filed all required periodic and timely continuousdisclosure documents.The first period for which the Company will not file an interimfinancial report and related MD&A will be for the three-monthperiod ended March 31, 2026.This news release is being filed pursuant to Coordinated Blanket Order51-933 Exemptions to Permit Semi-Annual Reporting for Certain VentureIssuers.About CULT Food ScienceCULT Food Science is a disruptive food technology investment platformfocused on making investments to pioneer the commercialization of labgrown meat and cellular agriculture to reshape the global foodindustry. The Company’s investments may include the acquisition ofequity, debt or other securities of publicly traded or privatecompanies or other entities, financing in exchange for pre-determinedroyalties or distributions and the acquisition of all or part of oneor more businesses, portfolios or o...

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