Asia Green Biotechnology Corp. announced the passing of Mr. Johannes Kingma, a director and one of founders as well as the past Chief Executive Officer of the Company. Mr. Kingma passed away unexpectedly in Calgary on August 8, 2023 after a short illness.

Mr. Kingma was a visionary in terms of Asia Green's early development, as it was he who saw the potential for hemp production in the Asian market. Accordingly, he was instrumental in the Company's initial structuring and guided the process of incorporation and listing, and participated extensively in the financial and technical establishment of the Company. The Board of Directors extends its deepest sympathies to Mr. Kingma's family and friends, and commits to pursuing the business objectives that he put in place.