Ms. Chelsie Hodge reports

BLENDER BITES ACHIEVES ALL TIME HIGH REVENUES, POSTING A RECORD-BREAKING MONTH IN JUNE

Blender Bites Ltd. has achieved record-breaking revenues for the month of June, 2023.

Revenue in the month of June, based on orders received and delivered within the month, reached $918,509, with related expense for the same period of $611,498, representing a 32-per-cent gross profit margin, and the company's largest month in sales to date. The record-breaking revenues in June surpassed the company's previous all-time-high revenue, demonstrating a continued and growing demand for Blender Bites' products in the market. The company's progression is evident with this historic month of sales, and it is looking forward to the next chapter with the full U.S. rollout coming soon.

Blender Bites remains committed to meeting the increased sales demand, enhancing gross margins and advancing toward profitability in 2024. The company's strategic focus on delivering high-quality, organic and plant-based functional foods continues to resonate with consumers seeking healthier and convenient options.

Blender Bites is steadfast in its mission to provide premium, nutritious and sustainable food choices while delivering outstanding value to its customers. The company's commitment to excellence, coupled with its innovative product offerings, is helping to position Blender Bites as a leading player in the functional food industry.

"We are thrilled to announce our record-breaking revenue for the month of June, and this momentum sets a promising tone for the upcoming quarter and beyond, as we forge ahead with our full U.S. rollout. This remarkable growth not only showcases the increasing demand for Blender Bites' premium, organic and plant-based functional foods but also underscores the potential for our company's future growth. We remain dedicated to meeting the rising sales demands, optimizing both gross and contribution margins, and committing to our plan of hitting positive [earnings before interest, taxes, depreciation and amortization] by mid-2024," stated Chelsie Hodge, Blender Bites founder and chief executive officer.

The company cautions that the above figures for revenue have not been audited and are based upon calculations prepared by the company's financial management team. Actual results may differ from those reported in this release once these figures have been audited.

About Blender Bites Ltd.

Blender Bites is a multiaward-winning Canadian company involved in the development and marketing of a line of premium, frozen functional food and beverages.

Blender Bites products are made with ingredients that are organic, non-genetically modified, gluten free, dairy free and soy free. Blender Bites was founded in 2016 and first launched to market in Western Canada in 2017 with a preportioned one-step smoothie product that is free of any unnecessary inner plastic packaging. Blender Bites products are distributed internationally across Canada and the United States, and are currently sold in over 1000 stores, including Walmart, Sobeys, Loblaws, Safeway, Save-On-Foods, Real Canadian Superstore, Whole Foods Market, Buy-Low/Nesters, IGA and Thrifty's.

We seek Safe Harbor.