NEXE Innovations Announces Financial Results for the Three Months Ended February 28, 2025

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*NEXE Innovations Inc. is not affiliated with, endorsed, or sponsored by Keurig®. Keurig® is a registered trademark of Keurig Dr Pepper Inc.

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**NEXE Innovations Inc. is not affiliated with, endorsed, or sponsored by Nespresso®. Nespresso® is a registered trademark of Société des Produits Nestlé S.A

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About NEXE Innovations Inc.

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NEXE Innovations is focused on providing innovative compostable material solutions and packaging to the B2B segment to help businesses achieve their sustainability goals. NEXE Innovations has developed a proprietary and patented compostable material that can withstand heat, pressure, and water. Our flagship product, the NEXE Pod, a BPI-certified compostable coffee pod, showcases our material’s durability and is an ideal substitute for plastic. The NEXE pod is compatible with major coffee brewing machines and is manufactured at NEXE’s vertically integrated facility based in North America. Discover our innovative approach to sustainability at www.nexeinnovations.com and join our journey on social media @nexeinnovations. #compostablecoffeepods #sustainability #greentech

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On behalf of the Company:

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Ash Guglani
President & Director

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For investor relations contact:

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Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Cautionary Note Regarding Forward-Looking Statements

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Certain statements in this release are forward-looking statements or information, which include, but are not limited to, potential new revenue streams; the anticipated roll out of new products including the anticipated development of next-generation products; expected timing for customer production and receipt of revenue, the Company’s potential cash position; consumer trends, industry innovation, the Company’s use of working capital, consolidation of operations and the Company’s overall business strategy, increases in production and revenue, the Company’s long-term growth and development plans including expansion of the Company’s sales efforts in Canada and the U.S., the onboarding of additional customers, management’s expectations regarding its cash position to support its business strategy over the next two years, the Company’s ability to maintain and grow its partnerships, the onboarding of additional customers, and the Company’s ability to manage risks related to tariffs and geopolitical factors. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, the Company’s ability to execute on its business strategy including the execution of master manufacturing agreements on terms acceptable to the Company, and those risks set out in the Company’s management’s discussion and analysis for year ended May 31, 2024 and the quarter ended February 28, 2025 under the headings “Risk and Uncertainties”. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include receipt of necessary approvals and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

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The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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¹Keurig Dr Pepper, SEC Fillings, 10K 2023
² Coffee Pods and Capsules Market in USA Size & Share Analysis, Mordor Intelligence, &LThttps://www.mordorintelligence.com/industry-reports/united-states-coffee-pods-and-capsules-market#:~:text=USA%20Coffee%20Pods%20and%20Capsules%20Market%20Trends&text=As%20of%20April%202022%2C%20more,fresh%2Dground%20specialty%20coffee%20pods.>

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