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Heal Wellness QSR Announces the Opening of Locations #50 and #51

Happy Belly’s Heal Wellness brand marks its 50th and 51st openings, backed by a large 45-unit multi-franchise agreement.

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Happy Belly Food Group (HBFGF) has opened the 50th and 51st locations of its Heal Wellness quick-service restaurant brand, with grand openings held on September 5, 2026.

The 50th store is at 255 King St, Unit 6, Waterloo, Ontario, near Wilfrid Laurier University and University of Waterloo, and was opened by a franchise group led by Alex Rechichi and Bedford Park Capital under a 45-unit multi-franchise deal. The 51st store is at 327 Chemin du Bord-du-Lac Lakeshore, Pointe-Claire, Québec. The company said Heal now has 51 locations open and more than 157 in development across its system.

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Positive

  • Heal Wellness locations reach 51 operating stores following the latest openings
  • Largest Heal multi-unit franchise deal covers 45 locations across Ontario, Manitoba and Saskatchewan
  • Development pipeline exceeds 157 additional Heal locations in various stages

Negative

  • None.

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Toronto, Ontario--(Newsfile Corp. - September 8, 2026) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging restaurant brands, is pleased to celebrate a significant milestone for its Heal Wellness brand ("Heal") with the grand openings of its 50th and 51st locations this past Saturday, September 5th, 2026. Heal's milestone 50th location opened at 255 King St, Unit 6, Waterloo, Ontario directly across from Wilfred Laurier University & University of Waterloo, while its 51st location opened at 327 Chemin du Bord-du-Lac Lakeshore, Pointe-Claire, Québec.

The Waterloo location was opened by the franchise group led by Alex Rechichi and Bedford Park Capital, which entered into Heal's largest Multi-Unit Franchise Agreement to date for 45 locations across Ontario, Manitoba, and Saskatchewan. Heal Wellness is a fast-growing quick-service restaurant ("QSR") brand specializing in fresh smoothie bowls, açaí bowls, and smoothies, built around clean ingredients and a better-for-you lifestyle.

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Happy Belly 1

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"Reaching our 50th Heal Wellness location is a proud milestone for our team, our franchise partners, and everyone who has helped build this brand," said Sean Black, Chief Executive Officer of Happy Belly Food Group.

"It is especially meaningful to celebrate store number 50 with Alex Rechichi and Bedford Park Capital," added Sean Black. "Their commitment to Heal, and the progress we are making together, reflect exactly what our growth model is built on: experienced partners, strong brands, and disciplined execution. We are equally grateful to our Pointe-Claire multi-unit franchisee, whose continued expansion in Québec is helping strengthen Heal's growing presence in the province. This milestone reflects the collective effort across the entire brand, and we thank everyone who has played a role in helping us reach it."

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

"Heal Wellness continues to expand rapidly across Canada and into the United States, solidifying its position as a leading açaí and smoothie bowl brand," said Sean Black. "With 51 locations open and more than 157 in development, Heal remains a key driver of growth within Happy Belly's broader portfolio of emerging brands in various stages of development, construction, and operation. We continue to build a predictable and disciplined growth engine designed to create long-term shareholder value."

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, President

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.

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FAQ

Where are the new Heal Wellness locations opened by Happy Belly?

The 50th Heal Wellness location is at 255 King St, Unit 6, Waterloo, Ontario, directly across from Wilfrid Laurier University and the University of Waterloo. The 51st location is at 327 Chemin du Bord-du-Lac Lakeshore, Pointe-Claire, Québec.

Who operates the new Waterloo Heal Wellness location and under what agreement?

The Waterloo location was opened by a franchise group led by Alex Rechichi and Bedford Park Capital, which entered into Heal’s largest multi-unit franchise agreement to date for 45 locations across Ontario, Manitoba and Saskatchewan.

How many Heal Wellness units are currently open and in development?

Heal Wellness has 51 locations open and more than 157 additional locations in development, which the company describes as being in various stages of development, construction and operation.

How can potential franchisees inquire about Heal Wellness opportunities?

For franchising inquiries, interested parties are directed to visit www.happybellyfg.com/franchise-with-us/ or contact the company by email at hello@happybellyfg.com.

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