NextGen Food Robotics Announces Incentive Awards to CEO

VANCOUVER, BC - NextGen Food Robotics Corp. has granted 2,527,775 restricted share units (RSUs) to CEO Paul Rivas under the company's equity incentive plan. The RSUs, part of a compensation package for ongoing services, will vest in three phases over 18 months from their grant date.

This grant is deemed a "related party transaction," with exemptions applied from certain requirements under Multilateral Instrument 61-101, due to its value not exceeding 25% of the company’s market cap. Additionally, the related material change report was not filed 21 days prior to the grant as typically required, citing urgent business needs as the cause for the accelerated schedule.