CANNABIS SUISSE CORP.

Company

Core business

• Rents commercial office and industrial space.
• Leases four properties from entities controlled by the CEO. One property serves as the company office; the other three are leased to third parties to generate rental income.
• Since June 2022 the company has not been involved in the cannabis industry.

Operations and scale

• Operations are very limited.
• Revenue consists of limited rental income.
• The company currently has no bank account.
• Cash funding has come from outside investments, loans and advances from the CEO (the sole director), and rental income.

Management and staffing

• No employees.
• The CEO is the sole officer, serves as the only director, and provides part-time consulting support, including part-time CFO functions.

Property and leases

• Four properties are leased from companies controlled by the CEO.
• One property is used for the company office; the remaining properties are leased to third parties to produce rental income.

Financial status and risks

• The audited financial statements dated May 31, 2026 include a going concern opinion, indicating substantial doubt about the company’s ability to continue for the next 12 months without additional capital.
• Revenue is limited and derives primarily from rental activities.
• The CEO or entities he controls hold convertible promissory notes that could convert into 135,203,984 shares of common stock as of May 31, 2026. These notes do not provide for adjustments in the event of a stock recapitalization.
• The CEO, as the sole director and majority voting shareholder, controls board elections and major corporate decisions.

Stock and liquidity considerations

• The company’s shares trade below $5 and are treated as penny stocks, which subjects them to penny stock rules and related broker-dealer constraints.
• Shares are not eligible for proprietary broker-dealer quotations, which can result in wider spreads, higher volatility, and reduced liquidity.

Cybersecurity and governance

• The company has limited IT systems and does not maintain significant customer data.
• It relies on third-party professionals for compliance and technical services.
• The board oversees cybersecurity risk and considers exposure limited given the company’s operations.

Property ownership

• The company does not own real estate. All properties are leased from entities controlled by the CEO and are used to support the company’s office needs and rental activities.