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FSI ANNOUNCES FIRST QUARTER, 2025 REVENUE

1. FSI reports Q1 2025 revenue down 20% YoY at $7.4 million. 2. Sales decline attributed to reduced customer inventory adjustments. 3. Long-term growth expectations remain unchanged despite quarterly drop. 4. FSI expanding into food and nutrition supplement markets. 5. Complete financial results and conference call scheduled for May 15, 2025.

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FAQ

Why Bearish?

A 20% decline in sales signals potential uncertainty and reduced investor confidence, reminiscent of FSI's previous market fluctuations after poor earnings reports.

How important is it?

The revenue decline is significant in the short term but may be mitigated by their expansion plans and strong management expectations.

Why Short Term?

The immediate impact is due to quarterly results, but FSI's long-term growth potential may stabilize the effect over time, especially with new market ventures.

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BIOCAZZAEMTTEHUN
TABER, ALBERTA, April 16, 2025 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE-AMERICAN: FSI), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. In addition, FSI is increasing its presense in the food and nutrition supplement manufacturing markets. Today the Company announces first quarter (Q1), 2025 revenue. Sales were down in Q1, 2025 compared to Q1, 2024. Flexible Solutions’ top line revenue decreased from $9.2 million (Q1, 2024) to $7.4million (Q1, 2025), down approximately 20.0% year over year. Mr. Dan O’Brien, CEO, comments, “Two significant customers adjusted inventory downward in the quarter, temporarily reducing sales. Our ENP division also experienced reduced sales; likely due to early buys in Q4 2024. It is rare for FSI to have several items coincide like this and we do not believe it changes our expectations for growth over FY 2025.” Complete financial results will be available after market close on Thursday, May 15, 2025, concurrent with the Company’s SEC first quarter filings. A conference call will be scheduled for 8:00 am Pacific Time, 11:00 am Eastern Time, the following business day, Friday, May 16, 2025. See the FSI May 15, 2025 financials news release for the dial in numbers. About Flexible Solutions International Flexible Solutions International, Inc. (www.flexiblesolutions.com), based in Victoria, British Columbia, is an environmental technology company. The Company’s NanoChem Solutions Inc. subsidiary specializes in biodegradable, water-soluble products utilizing thermal polyaspartate (TPA) biopolymers. TPA beta-proteins are manufactured from the common biological amino acid, L-aspartic and have wide usage including scale inhibitors, detergent ingredients, water treatment and crop enhancement. Along with TPA, this division started producing other crop enhancement products as well. In 2022, the Company entered the food and nutrition markets by obtaining FDA food grade approval for the Peru IL plant. The other divisions manufacture energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world Safe Harbor Provision The Private Securities Litigation Reform Act of 1995 provides a "Safe Harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward looking statement with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission. Flexible Solutions International6001 54th Ave, Taber, Alberta, CANADA T1G 1X4 Company ContactsJason BloomToll Free: 800.661.3560Fax: 403.223.2905Email: info@flexiblesolutions.com To find out more information about Flexible Solutions and our products please visit www.flexiblesolutions.com If you have received this news release by mistake or if you would like to be removed from our update list please reply to: info@flexiblesolutions.com

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