CULT Food Science Announces Debt Settlement

About this update from Cult Food Science Corp.

(TheNewswire)Toronto, Ontario, December 10, 2025 / TheNewswire / CULT Food Science Corp. (“CULT” or the “Company”) CSE:CULT (OTC: CULTF) (FRA: LN00), adisruptive food technology investment platform focused on makinginvestments to pioneer the commercialization of lab-grown meat andcellular agriculture to reshape the global food industry, announcesthat it has agreed to settle a certain debt (the “Debt Settlement”) with anarm’s-length creditor. Pursuant to the Debt Settlement, the Company will provide a cashpayment of $30,000 and issue 10,000,000 common shares of the Company(the “Shares”) at a deemedprice of $0.01 per Share. The Shares will be issued as free-tradingsecurities, in reliance on section 2.24 of National Instrument 45-106– Prospectus Exemptions.The board of directors has determined that completing the DebtSettlement is in the best interests of the Company as it will preservecash for working capital purposes and strengthen the Company’sbalance sheet.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’sinvestments may include the acquisition of equity, debt or other securities of publicly traded or private companies or other entities, financing in exchange for pre-determined royalties or distributions and the acquisition of all or part of one or more businesses, portfolios or otherassets. The Company also provides operational, advisory, andcommercialization support to select companies in its portfolio, including collaboration in launching new consumer brandsand products. The Company’s objective is to reshapethe global food system while enhancing long-term shareholder valuethrough active stewardship and innovation.Additional information can be found by viewing the Company's website at www.cultfoodscience.com or its regulatory filings on www.sedarplus.ca.On behalf of the Board of Directors of the Company, CULT FOOD SCIENCE CORP.Mitchell Jackman, Chief Financial OfficerFor further information about CULT Food Science Corp.:Tel: + 1 (888) 733 - 8581Email: [email protected] Web: CULTFoodScience.com Twitter:@CULTFoodScienceForward-Looking Information:This news release contains “forward-looking statements” and“forward-looking information” within the meaning of a...

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