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Happy Belly Food Group's Heal Wellness QSR Announces the Signing of a Franchise Agreement for Midtown Toronto, Ontario

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Happy Belly Food Group (OTCQB: HBFGF) has announced the signing of a new franchise agreement for its Heal Wellness QSR brand in the Yonge & Sheppard area of midtown Toronto, Ontario. Heal Wellness, specializing in fresh smoothie bowls, açaí bowls, and smoothies, continues its expansion as part of Happy Belly's growth strategy.

The company currently operates 27 Heal Wellness locations with 168 more in development. Across all its brands, Happy Belly has secured 626 contractually committed retail franchise locations through area developers, including those in development, under construction, or already operational. The company aims to significantly expand this pipeline in late 2025 and 2026.

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Toronto, Ontario--(Newsfile Corp. - September 29, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leader in acquiring and scaling emerging food brands is pleased to announce that Heal Wellness has signed a franchise agreement for the Yonge & Sheppard area of midtown Toronto, Ontario. Heal Wellness ("Heal") is a quick-service restaurant ("QSR") brand specializing in fresh smoothie bowls, açaí bowls, and smoothies.

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Happy Belly 1

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"For Heal, our priorities in 2025 and 2026 are driving organic growth and expanding our presence to establish the brand as North America's leading smoothie bowl chain, measured both by scale and strong unit economics," said Sean Black, Chief Executive Officer of Happy Belly. "Securing a franchise agreement in midtown Toronto represents another important milestone for Heal. With 27 locations already operating and 168 more in development, this is only the beginning of our journey with many more openings still to come in 2025."

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Happy Belly 2

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"Happy Belly currently has 626 contractually committed retail franchise locations from area developers across all emerging brands in the Happy Belly Food Group portfolio including those in development, under construction or already open. We are working to actively expand this pipeline significantly in the back half of 2025 & 2026 with our disciplined approach to growth.

"We are just getting started," said Sean Black.

About Heal Wellness
Heal Wellness was founded with a passion and mission to provide quick, fresh wellness foods that support a busy and active lifestyle. We currently offer a diverse range of smoothie bowls and smoothies. We take pride in meticulously selecting every superfood ingredient on our menu to fuel the body, including acai smoothie bowls, smoothies, and super-seed grain bowls. Our smoothie bowls are crafted with real fruit and enriched with superfoods like acai, pitaya, goji berries, chia seeds, and more.

Franchising
For franchising inquiries please see www.happybellyfg.com/franchise-with-us/ or contact us at hello@happybellyfg.com.

About Happy Belly Food Group
Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company") is a leader in acquiring and scaling emerging food brands across Canada.

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Happy Belly Food Group

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Sean Black
Co-founder, Chief Executive Officer

Shawn Moniz
Co-founder, Chief Operating Officer

FOR FURTHER INFORMATION, PLEASE VISIT:
www: www.happybellyfg.com or email hello@happybellyfg.com
If you wish to contact us please call: 1-877-589-8805

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.

Cautionary Note Regarding Forward-Looking Statements

All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Forward-Looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur and include the future performance of Happy Belly and her subsidiaries. Forward-Looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for Happy Belly described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis and other disclosure filings with Canadian securities regulators, which are posted on www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268325

FAQ

How many Heal Wellness locations does Happy Belly Food Group (HBFGF) currently operate?

Happy Belly Food Group currently operates 27 Heal Wellness locations with an additional 168 locations in development.

Where is the new Heal Wellness franchise location opening in Toronto?

The new Heal Wellness franchise will be located in the Yonge & Sheppard area of midtown Toronto, Ontario.

What is Heal Wellness's business model?

Heal Wellness is a quick-service restaurant (QSR) brand that specializes in fresh smoothie bowls, açaí bowls, and smoothies.

How many total franchise locations has Happy Belly Food Group committed across all brands?

Happy Belly Food Group has 626 contractually committed retail franchise locations across all its brands, including those in development, under construction, or already open.

What are Happy Belly Food Group's expansion plans for 2025-2026?

The company plans to significantly expand its franchise pipeline in late 2025 and 2026, with a focus on establishing Heal Wellness as North America's leading smoothie bowl chain.