Disclosure of material issue

Foods & Inns Ltd. (#FOODSIN) announces its Chief Financial Officer, Anand Krishnan, is stepping down effective August 11, 2026, due to personal and professional reasons. **Issue:** The departure of a key financial leader creates a void in the company's executive team. **Company’s Response:** Foods & Inns proactively extended Mr. Krishnan's tenure from his original resignation date to ensure a smooth transition of responsibilities and a proper handover process. **Impact for Investors:** While the company has taken steps to manage continuity, investors will be keen to see a timely announcement of a new CFO to maintain stable financial leadership.

Keep an eye on future management updates.