Borealis Foods Inc.

Signature [PLEASE SIGN WITHIN BOX] Date Signature (Joint Owners) Date TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS: KEEP THIS PORTION FOR YOUR RECORDS DETACH AND RETURN THIS PORTION ONLY THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. T01178 - P54489 BOREALIS FOODS INC. The Board of Directors recommends you vote FOR the following proposals: BOREALIS FOODS INC. 1540 CORNWALL RD, SUITE #104 OAKVILLE, ON L6J 7W5 1c. Ertharin Cousin 1d. Steven Oyer 1e. Shukhrat Ibragimov 1f. Amin Ajami 1g. Pavel Mynzhanov 1h. Zaure Algaziyeva 1. Election of Directors Nominees: Please sign exactly as your name(s) appear(s) hereon . When signing as attorney, executor, administrator, or other fiduciary, please give full title as such . Joint owners should each sign personally . All holders must sign . If a corporation or partnership, please sign in full corporate or partnership name by authorized officer . NOTE: Such other business as may properly come before the meeting or any adjournment thereof. LLC as the Company's independent registered public accounting firm for the fiscal year ending December 31 , 2026 . O O O O O O O O O O O O For Withhold Withhold For O O Barthelemy Helg 1a. O O Appointment of Auditors: To appoint Carr, Riggs & Ingram 2. O O Reza Soltanzadeh 1b. VOTE BY INTERNET Before The Meeting - Go to www.proxyvote.com or scan the QR Barcode above Use the Internet to transmit your voting instructions and for electronic delivery of information up until 11 : 59 p . m . Eastern Time on June 28 , 2026 . Have your proxy card in hand when you access the web site and follow the instructions to obtain your records and to create an electronic voting instruction form . During The Meeting - Go to www.virtualshareholdermeeting.com/BRLS2026 You may attend the meeting via the Internet and vote during the meeting . Have the information that is printed in the box marked by the arrow available and follow the instructions . VOTE BY PHONE - 1 - 800 - 690 - 6903 Use any touch - tone telephone to transmit your voting instructions up until 11 : 59 p . m . Eastern Time on June 28 , 2026 . Have your proxy card in hand when you call and then follow the instructions . VOTE BY MAIL Mark, sign and date your proxy card and return it in the postage - paid envelope we have provided or return it to Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717 . SCAN TO VIEW MATERIALS & VOTE ڀ

Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting: The Notice and Proxy Statement and Annual Report are available at www.proxyvote.com. T01179 - P54489 BOREALIS FOODS INC. ANNUAL MEETING OF SHAREHOLDERS JUNE 29, 2026 12:30 PM ET THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS The shareholder(s) hereby appoint(s) Pouneh V . Rahimi and Stephen Wegrzyn, or either of them, as proxies, each with the power to appoint his/her substitute, and hereby authorize(s) them to represent and to vote, as designated on the reverse side of this ballot, all of the Common Shares of Borealis Foods Inc . that the shareholder(s) is/are entitled to vote at the Annual Meeting of Shareholders to be held at 12 : 30 PM ET, on June 29 , 2026 , virtually at www . virtualshareholdermeeting . com/BRLS 2026 , and any adjournment or postponement thereof . This proxy, when properly executed, will be voted in the manner directed herein . If no such direction is made, this proxy will be voted in accordance with the Board of Directors' recommendations . Continued and to be signed on reverse side