Ms. Chelsie Hodge reports

BLENDER BITES ANNOUNCES GRANT OF STOCK OPTIONS

Blender Bites Ltd.'s board of directors has approved a grant of 1,273,000 incentive stock options to directors, officers and consultants of the company, pursuant to the company's equity incentive plan, entitling them to purchase an aggregate amount of up to 1,273,000 common shares of the company. The options are exercisable on or before July 17, 2026, at an exercise price of $3.49 per common share. The options, and any common shares issued upon exercise of such options, are subject to a four-month-and-one-day hold period, expiring on Nov. 18, 2023.

About Blender Bites Ltd.

Blender Bites is an award-winning Canadian company involved in the development and marketing of a line of premium frozen food products with a focus on functionality. Blender Bites was founded in 2016 and was first to market in Western Canada with a preportioned easy smoothie product that is free of any unnecessary inner plastic packaging. Blender Bites products are certified organic, vegan, non-GMO (genetically modified organism), gluten-free, dairy-free and soy-free. They contain no added sugars and are made in Canada. Blender Bites products are distributed internationally across Canada and the United States, and are currently sold in over 900 stores, including Sobeys, Loblaws, Safeway, Save on Foods, Real Canadian Superstore, Whole Foods Market, Buy-Low/Nesters, IGA, Thrifty and Fresh Street.

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