Komo Plant Based Foods Inc (KOMOF)

[Huggy Bear]

For the three and six months ended January 31, 2022, we incurred investor relations expenses of $256,499 and
$418,822 respectively, which included advertising and media, new releases and capital market event costs. We did
not incur investor relations expenses during the same period of the prior year.

Share-based compensation is related to stock options granted to directors, officers, employees and consultants.
For the three months and six months ended January 31, 2022, we incurred share-based compensation expenses of
$239,770 and $772,419 respectively as compared to $29,693 and $74,943 in the same periods of the prior year
respectively. The increase in share-based compensation expenses was driven by the varying vesting schedules of
underlying stock options and new options granted during the period.

Our management, including the CEO and CFO, do not expect that our disclosure controls and procedures and ICFR
will prevent all errors and all fraud. A control system, no matter how well designed and operated, can provide only
reasonable assurance that the control system objectives will be met. The likelihood of achievement is affected by
limitations inherent in all internal control systems. These inherent limitations include the realities that judgments
or decision making can be faulty, and that breakdowns occur because of simple errors or mistakes. Controls can
also be circumvented in numerous ways including collusion, overrides and deception. In addition to the inherent
limitations, the design of a control system must reflect that there are resource constraints, and the expected
benefit of controls must be considered relative to the expected costs. Due to inherent limitations in a costeffective control system, misstatements due to error or fraud may occur and not be detected. Further, no
evaluation of controls can provide absolute assurance that all control issues within a company will be detected.

Steer clear of this iceberg folks.