FRX Innovations Inc. (FRXI.V)

Early Warning Press Release of Evonik Venture Capital GmbH

Vancouver, British Columbia--(Newsfile Corp. - September 5, 2023) - Evonik Venture Capital GmbH ("Evonik"), a subsidiary controlled by Evonik Industries AG, a publically-listed German company, acquired 10,004,415 common shares ("Common Shares") and 94,500 share purchase warrants (the "Warrants") in the capital of FRX Innovations Inc. (the "Company") on May 19, 2022 (the "Transaction"). The Transaction was completed in connection with a reverse-takeover transaction between Good2GoRTO Corp. (the C