NextGen Food Robotics Corp. Provides Bi-Weekly MCTO Status Update Page 1

VANCOUVER, BC, August 27, 2024 (GLOBE NEWSWIRE) — NextGen Food Robotics Corp. (the “Company”) (CBOE: NGRB; OTC Pink: NGRBF; Frankfurt: O83) provides a biweekly report on the status of the default in accordance with National Policy 12-203 – Management Cease Trade Orders (“NP-12-203“).

On August 13, 2024, the company announced that it had filed a request to cease management operations (“MCTO“) with the British Columbia Securities Commission (“BCSC“) in connection with the delay in filing the audited financial statements for the year ended April 30, 2024, the related management discussion and analysis, CEO and CFO certificates and the annual information form for the fiscal year ended April 30, 2024 (collectively, the “Required documents“) before the prescribed filing deadline (the “Original announcement“). At that time, based on the information available at the time, the Company expected to file the required documents no later than August 31, 2024. The MCTO was issued on July 30, 2024 and restricts the Chief Executive Officer and Chief Financial Officer from dealing in the Company’s securities, either directly or indirectly, until the Company files the required documents and the BCSC revokes the MCTO.