SNACKS FROM THE SUN EXPANDS IN WESTERN CANADIAN GOURMET SUPERMARKET CHAIN

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VANCOUVER, BC, May 6, 2022 /CNW/ – Modern Plant Based Foods Inc., (ESC: MEAT) (“Modern Plant Based Foods”) or (the “Company”), an award-winning plant-based food company is pleased to announce that it has rolled out its products in the snack section and popular Urban Fare grocery stores. Urban Fare is a subsidiary of Overwaitea Food Group (OFG) which operates more than 160 stores under the Save-On-Foods, Overwaitea Foods, Urban Fare, PriceSmart Foods, PriceSmart Foods International and Bulkley Valley Wholesale banners. The Urban Fare grocery chain caters to an upscale clientele with six prime locations, four of which are downtown Vancouver and one each in Calgary and Kelowna.

Logo (CNW Group/Modern Plant Based Foods Inc.)

Urban Fare will specifically offer certain Snacks from the Sun products; Salt and vinegar, original sea salt and sea salt and cracked pepper. “After launching the Snacks from the Sun brand in Canadawe are very pleased to have a trusted retail partner that embraces and supports our brand, building confidence in our expansion plans,” says the CEO, Avtar Dhaliwal. “As consumer preferences shift towards healthier snacks, it’s encouraging to see retailers include more nutritious and healthier options in every store shelf.”

“We are thrilled to see each of our brands receiving such positive feedback and reception,” said Cassidy McCord, CCO and Director. “Offering our products in this premier retail chain provides a gateway for Snacks from the Sun and a stamp of approval in OFG verticals of over 160 stores. Obtaining storage space in other stores OFG is something we will be focusing heavily on in the coming months.” OFG is the largest chain headquartered in British Columbia and the fifth largest food retailer by value of grocery sales in Canada.

With healthy snacks becoming increasingly important to consumers, careful attention to nutrition and ingredients, along with the convenience and indulgence that consumers expect from a snack will be key to creating snacks that meet food trends. ‘today.

Snacks from the Sun plans to expand its product line across the various banners included in the Overwaitea Food Group, after the Snacks from the Sun product line is currently available at select Urban Fare outlets.

About Modern Plant-Based Foods

Modern Plant-Based Foods is a Canadian food company based in Vancouver, British Columbia which offers a portfolio of plant-based products, including meat and dairy-free alternatives, soups and vegan snacks. Our products are available at select restaurants and retailers across Canada including our own modern wellness bars located in Vancouver. We take a holistic approach to plant-based living and understand the importance of providing nutritious and sustainable alternatives to consumers without sacrificing taste. We want people to feel good about the food they eat, so we deliberately choose ingredients that are free of soy, gluten, nuts and GMOs.

Our mission is to change the way food is produced and consumed to benefit people, animals and the environment by using natural, plant-based ingredients.

Caution Regarding Forward-Looking Information

This press release contains certain “forward-looking statements” and “forward-looking information” under applicable Canadian securities laws that are not historical facts.

This press release contains certain “forward-looking statements” and “forward-looking information” under applicable Canadian securities laws that are not historical facts. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding: the company and the company’s business and prospects; the Company’s future objectives, goals or plans; the company’s sales growth, planned expansion, awareness of the company’s brands, future sales and revenue growth, availability of modern meat products through GFS, as well as business, operations, management and the capitalization of the company. Forward-looking statements are necessarily based on a number of estimates and assumptions which, while believed to be reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results to differ. and future events will differ materially from those expressed or implied by such forward-looking statements. These factors include, but are not limited to: general business, economic and social uncertainties; local and global economic and business uncertainties related to the COVID-19 pandemic; litigation, availability of key product ingredients, legislative, environmental and other legal, regulatory, political and competitive developments; the ability to effectively increase manufacturing and production capacity; the ability to obtain business partners to distribute the Company’s products, the success of market initiatives and the ability to increase brand awareness; the ability to attract, maintain and expand relationships with key strategic restaurant and foodservice partners; our ability to predict consumer taste preferences; delay or failure to receive regulatory approvals; the sufficiency of our liquidity to meet liquidity needs; such additional risks set forth in the Company’s public filings on SEDAR at www.sedar.com; and other matters discussed in this press release. Accordingly, the forward-looking statements discussed in this release may not occur and may differ materially due to these known and unknown risk factors and uncertainties affecting the Company. Although the Company believes that the assumptions and factors used in the preparation of forward-looking statements are reasonable, undue reliance should not be placed on such statements, which speak only as of the date of this press release, and no no assurance can be given that such statements of events will occur within the time periods disclosed or at all. Except as required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE Modern Plant Based Foods Inc.

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