NEXE Innovations Provides Update on Partner Transition to BPI-Certified Compostable Pods

About this update from Nexe Innovations Inc

NEXE Innovations Provides Update on Partner Transition to BPI-Certified Compostable PodsNew U.S. nationwide account and two additional brand transitions reflect continued adoption in NEXE's compostable platform WINDSOR, Ontario, June 22, 2026 (GLOBE NEWSWIRE) -- NEXE Innovations Inc. (“NEXE”, "our" or the “Company") (TSX.V: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, today provided an update on the progress of its partner's planned transition to NEXE’s BPI-certified compostable coffee pod platform, first announced on March 25, 2026. Since that announcement, the Company and its commercial partner have advanced the transition across multiple business lines, with approximately 300,000 pods delivered as of early May 2026, two additional brands giving initial purchase orders, and a growing pipeline of OCS, retail, and ecommerce opportunities which management believes supports the potential scalability and commercial adoption of the NEXE platform. The North American distributor reports that it has had a positive experience with NEXE’s BPI-certified compostable coffee pod, compostable technology platform, and operations. With 1.5M pods shipped to date, the partner’s confidence in NEXE’s ability to scale is reflected in current ordering activity: repeat order volumes are trending higher, brand transitions are accelerating, and end-market feedback is positive. The distributor has placed additional purchase orders with NEXE, which NEXE expects to deliver in the next couple months. The partner anticipates commencing larger volume transitions ahead of the fall and winter season. The partner has advised NEXE that it also recently secured a nationwide partnership with a nationally recognized U.S. veterans’ nonprofit, which it has reported will be transitioning to NEXE’s BPI-certified compostable pods across its offices and events. Management believes this partnership supports further validation of NEXE’s sustainability credentials and product performance. In management's experience, accounts of this profile require consistent product performance and certified environmental credentials, and their adoption of the compostable pod platform is expected to open the door to similar opportunities across other nonprofit, government, and corporate channels. In parallel,...

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