Corporate Action (Form 8-K)

ITEM 3.03. MATERIAL MODIFICATION TO RIGHTS OF SECURITY HOLDERS.

Reverse Share Split

On August 20, 2026, the board of directors of Jubilant Flame International, Ltd., a Nevada corporation (the "Company"), approved a reverse share split of the Company's common stock, par value $0.001 per share (the "Common Stock"), at a ratio of 1-for-100 (the "Reverse Share Split"), such that (a) every One Hundred (100) issued Common Stock will be combined into one (1) issued Common Stock, and (b) No fractional shares will be issued in connection with the reverse stock split. Shareholders who would otherwise receive a fraction of a Common Stock of the Company will receive one full share (the "Round Up"). Also on August 20, 2026, shareholders of the Company holding a majority of the issued and outstanding shares of Common Stock entitled to vote thereon approved the Reverse Share Split and the Round Up by written consent in lieu of a special meeting.

As a result, the number of outstanding Common Stock will be reduced from approximately 19.99 million shares to approximately 0.20 million shares. The Company's Common Stock begins trading on an adjusted basis giving effect to the Reverse Share Split on September 9, 2026 (the "Effective Date"), under the existing ticker symbol "JFIL". The letter "D" will be appended to the trading symbol for the first 20 trading days following the Effective Date to indicate that the Reverse Stock Split has occurred. The new CUSIP number of the Company's Common Stock will be 48127W 205.