Beyond Oil Appoints Joe Colligan as Chief Executive Officer of Beyond Oil USA

Congratulations to our client Beyond Oil Ltd. on this key leadership appointment as it accelerates its North American expansion. We're proud to support the team through this exciting growth phase.

VANCOUVER, British Columbia, Oct. 13, 2026 -- Beyond Oil Ltd. (TSX: BOIL) (OTCQB: BEOLF) ("Beyond Oil" or the "Company"), a food-tech innovation company dedicated to reducing health risks associated with fried food while improving food quality, lowering operational costs, minimizing waste and enhancing sustainability, today announced the appointment of Joe Colligan as Chief Executive Officer of its wholly owned operating subsidiary, Beyond Oil USA Inc. ("Beyond Oil USA"), effective October 26, 2026. Mr. Colligan will report to the Board of Directors of Beyond Oil. In this role, Mr. Colligan will lead commercial expansion across North America, driving enterprise sales across national quick-service restaurant (QSR) chains, casual dining brands, and food retail networks, while scaling distributor partnerships.

"With our technology validated at commercial scale by major North American customers and vendor approvals that open the door to leading national restaurant chains, we are ready to accelerate," said Jonathan Or, CEO and Co-Founder of Beyond Oil. "Joe has spent decades building multi-million-dollar supply partnerships with the world's largest foodservice operators. He brings the relationships, experience and drive to turn this opportunity into significant North American growth. We are thrilled to welcome him. I also want to thank Michael Nemirow, President, North America, who has met our shared goal of leveraging his business experience to help build the foundation of our North American business and position us for this next phase of growth. Michael will work closely with Joe through the transition and will then move into an Advisor role to continue supporting the Company."

Mr. Colligan brings more than 30 years of commercial leadership at major global food suppliers, with expertise in large-scale foodservice agreements and national chain customer partnerships. He spent 15 years at McCain Foods, the world's largest supplier of French fries and fried appetizers, serving as Vice President of Sales, National and Strategic Accounts-North America. In that role, he expanded national chain agreements and managed enterprise relationships with leading QSR, casual dining, and convenience brands. Earlier, he spent nearly a decade at Unilever Ice Cream, where he served as Vice President of Retail Sales-North America and led major grocery businesses and brand integrations. Most recently, he was Senior Vice President of Sales and Business Development-North America at OSI Group. Mr. Colligan holds a B.S. in Business Administration from Pennsylvania State University.

"Beyond Oil has developed a powerful solution to one of foodservice's most important challenges: making fried food safer, better and more profitable while reducing waste," said Joe Colligan, incoming CEO of Beyond Oil USA. "Restaurant operators are searching for proven ways to improve food quality and safety, protect margins and advance sustainability without disrupting kitchen workflows or requiring new equipment. Beyond Oil delivers on those priorities. After decades working with North America's largest foodservice and retail brands, I see enormous potential for this technology to become the operating standard across commercial kitchens. I am excited to join Beyond Oil and lead its North American growth."

"I am very proud of the great team we have developed in the U.S. and our work with a wide set of customers and distributors," said Michael Nemirow, President, North America. "Now it is time for someone with Joe's skills and experience to help Beyond Oil reach its full potential, and I look forward to supporting him and the Beyond Oil team through the transition and as an Advisor."

About Beyond Oil Ltd.

We all love fried food. Let's make it better. Not by changing what people love. By improving the system behind it. Beyond Oil Ltd. (TSX: BOIL, OTCQB: BEOLF) is a food-tech innovation company on a mission to help foodservice operators improve fried food across every dimension that matters: quality, health, consistency, safety, sustainability and profitability. We achieve these outcomes by improving the system behind every kitchen, the frying performance and oil management that determine what lands on the plate. The Company's patented technology, cleared by the FDA and Health Canada, integrates into existing kitchen workflows to improve frying performance and oil management, helping operators deliver more consistent food, strengthen operational control and reduce oil waste. Beyond Oil's solution serves restaurant chains, supermarkets, hotels, catering, institutions and industrial frying operations worldwide, turning frying into a measurable, repeatable and scalable brand standard. The result is a better frying standard, helping every fryer, every shift and every plate live up to the food people love. For more information, please visit: www.beyondoil.co.