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Announcement from Simply Solventless Concentrates Ltd.

Introduction

Calgary, Alberta — (Newsfile Corp. – January 5, 2026) – Simply Solventless Concentrates Ltd. (TSXV: HASH) ("SSC") is thrilled to announce the strategic appointment of seasoned executive Charles Vennat to its board of directors. This decision is indicative of SSC’s commitment to enhancing its governance and operational capabilities. Charles Vennat is an accomplished CEO and corporate director, bringing a wealth of experience that spans complex manufacturing, consumer packaged goods, and regulated cannabis businesses.

Background of Charles Vennat

Charles Vennat currently serves as the President & CEO of CMI Mulching, a role he excels in by demonstrating leadership and vision. Prior to this, Charles held notable senior leadership positions, including the Chief Executive Officer and Director of 48North, President & CEO of Greentone Enterprises, as well as President and Director of Bastos of Canada. His diverse background equips him with deep expertise that is crucial to navigating the dynamic landscape of the regulated cannabis and consumer packaged goods sectors.

In addition to his corporate endeavors, Charles is actively involved in various community and philanthropic initiatives. He has a focused interest in education, healthcare, and support for armed forces personnel, reinforcing his commitment to social responsibility. As a proud member of YPO, Charles upholds the values of leadership and professional growth. Academically, he holds a MA (Hons) in Business Studies and Economics from the University of Edinburgh and an MBA from Concordia University’s John Molson School of Business.

Comments from Jeff Swainson

Jeff Swainson, President & CEO of SSC, shared his enthusiasm about the appointment, stating: "With the retirement of Steve Bjornson last month, we endeavored to strengthen our board by adding a highly qualified director with extensive cannabis industry experience. The addition of Charles not only meets this objective but also surpasses it, as he brings significant CEO-level experience from two Canadian licensed cannabis producers. One such organization even celebrated a successful liquidity event, while the other has shown remarkable growth. We are genuinely excited about the substantial value Charles will create for our shareholders moving forward."

Stock Option Grant

In tandem with his appointment, SSC has granted Charles Vennat 500,000 stock options at an exercise price of $0.15. These options are structured to vest in three stages: one-third on the date of grant, another third on the first anniversary of the grant, and the final third on the second anniversary, all within a five-year term. This grant aligns Charles’s interests with those of SSC’s shareholders, ensuring mutual benefit through shared success.

About Simply Solventless Concentrates Ltd.

Simply Solventless Concentrates Ltd. is a public company incorporated under the Business Corporations Act (Alberta). SSC’s mission is to deliver pure, potent, and terpene-rich ready-to-consume cannabis products to discriminating cannabis consumers. For more information about SSC and its offerings, please visit the official website at www.simplysolventless.ca.

Contact Information

For further inquiries, please contact:

• Simply Solventless Concentrates Ltd.
• Jeff Swainson, President and CEO
• Phone: 403-796-3640
• Email: [email protected]

Notice on Forward-Looking Information

This press release includes forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the context of applicable securities laws. Any statements that refer to future performance, performance metrics, or targets beyond historical facts should be considered forward-looking. Such statements are typically identified through terminology such as "may," "should," "anticipate," "will," "believes," "intends," "projects," and other similar phrases.

The forward-looking statements in this release particularly concern the anticipated value that Charles Vennat will provide to SSC’s shareholders. SSC would like to caution that all forward-looking statements come with uncertainty and that actual results may vary significantly due to various material factors, assumptions, and expectations, many of which are outside of SSC’s control. This includes expectations described in SSC’s public filings available on SEDAR+ at www.sedarplus.ca.

Readers are reminded to exercise caution regarding any reliance on such statements, as actual events may diverge materially from projections made herein. Given the nature of the cannabis industry, variable outcomes are a considerable possibility.

How AI legalese decoder Can Help

Navigating the complexities of forward-looking statements and regulatory compliance can be daunting for companies in the cannabis sector, especially as the legal landscape evolves. AI legalese decoder is an invaluable tool that simplifies legal jargon, making it easier for stakeholders to understand the implications of such statements. By employing this tool, SSC can ensure clear communication of risks and expectations, bolstering transparency with investors and stakeholders. Moreover, it aids in minimizing legal ambiguities, ensuring that both the company and its shareholders are well-informed and effectively protected under relevant laws.

Conclusion

In conclusion, the appointment of Charles Vennat marks a significant milestone for Simply Solventless Concentrates Ltd. as it aims to solidify its standing within the cannabis industry. The combination of his extensive experience and SSC’s commitment to quality promises to create a strong foundation for future growth. As the company navigates its path forward, leveraging tools like AI legalese decoder will ensure clarity and enhance compliance, ultimately benefiting shareholders and the broader community.

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