Avant Brands Continues to Strengthen Balance Sheet with $1.77 Million Debt Retirement at $0.935 Per Unit

KELOWNA, BC / ACCESS Newswire / March 9, 2026 / Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) ("Avant" or the "Company"), is pleased to announce that it has entered into a debt settlement agreement (the "Agreement") with an institutional investor (the "Creditor") to retire a significant portion of the Company's largest remaining debt obligation (the "Transaction"). The Transaction, which is expected to close during the month of March, will extinguish approximately $1.77 million of the Company's amended and restated unsecured convertible debenture (the "Debenture") through the issuance of 1,900,000 units (each a "Unit", more fully defined below) at a deemed price of $0.935 per Unit, representing a premium to the current market price of the Company's common shares (each a "Share").