Pond Technologies Holdings Inc. Provides Update on Transaction with Find Familiar Spirits

(TheNewswire)

Vancouver, British Columbia –February 27, 2026 – TheNewswire – Pond Technologies Holdings Inc.(“Pond” or the “Company”) (TSXV: POND)is pleased to announce that, further to its news release of October28, 2026 in which the Company announced the signing of a bindingletter of intent (the "LOI") to complete a reverse takeovertransaction (the "Proposed Transaction") whereby it willacquire Find Familiar Spirits LLC ("FFS") pursuantto a business combination, the deadline to enter into a definitiveagreement with respect to the Proposed Transaction has been extendedto May 31, 2026, failing which the LOI may be terminated.

Cautionary Note Regarding theProposed Transaction

Completion of the ProposedTransaction remains subject to a number of conditions, includingexecution of a definitive agreement, receipt of all requiredregulatory, shareholder, and TSX Venture Exchange approvals,completion of a concurrent financing, and other customary closingconditions. There can be no assurance that the Proposed Transactionwill be completed as proposed or at all.

Investors are cautioned that, exceptas disclosed in the management information circular or filingstatement to be prepared in connection with the Proposed Transaction,any information released or received with respect to the ProposedTransaction may not be accurate or complete and should not be reliedupon.

The TSX Venture Exchange Inc. has inno way passed upon the merits of the Proposed Transaction and hasneither approved nor disapproved the contents of this newsrelease.

Cautionary Statements RegardingForward Looking Information

This news release contains“forward-looking information” within the meaning of applicablesecurities laws relating to the proposal to complete the ProposedTransaction and associated transactions. Any such forward-lookingstatements may be identified by words such as “expects”,“anticipates”, “believes”, “projects”, “plans” andsimilar expressions. Readers are cautioned not to place undue relianceon forward-looking statements. Statements about, among other things,the completion and expected terms of the Proposed Transaction andFFS’s strategic plans and the parties’ ability to satisfy closingconditions and receive necessary approvals, are all forward-lookinginformation. These statements should not be read as guarantees offuture performance or results. Such statements involve known andunknown risks, uncertainties and other factors that may cause actualresults, performance or achievements to be materially different fromthose implied by such statements. Although such statements are basedon management’s reasonable assumptions, there can be no assurancethat the Proposed Transaction will be completed on the terms describedabove. Pond and FFS assume no responsibility to update or reviseforward-looking information to reflect new events or circumstancesunless required by applicable law.

For further information, pleasecontact:

Pond Technologies Holdings Inc.

Grant Smith, CEO

[email protected]

(416) 399-0726

Find Familiar Spirits LLC

Liz Valentine, Marketing Director

[email protected]

(904) 619-1479

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

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