Ms. Chelsie Hodge reports

BLENDER BITES ANNOUNCES HISTORIC NUMBER OF PURCHASE ORDERS

Blender Bites Ltd. received a record number of purchase orders in the three months from May, 2023, to July, 2023.

Blender Bites is pleased to announce that during the three months from May, 2023, to July, 2023, the company has received purchase orders totalling $1,869,000. This is a historic record for the value of purchase orders received by the company in any given period and represents an increase of over 125 per cent in total value of purchase orders compared to the same period in 2022. It also represents a 158-per-cent increase in total value of purchase orders received for the three-month period of February, 2023, to April, 2023, demonstrating the growth of the company.

The historic increase over this period can be attributed to initial orders received from its Walmart Canada launch, the beginning of the United States rollout, and increased demand in the 1,000-plus Canadian retail grocery and club stores. The increase does not reflect any orders the company anticipates receiving once its U.S. expansion is fully implemented in the upcoming months.

The company's management feels that the upward trend for the number of purchase orders received, and subsequently sales revenue, will continue this positive trajectory, as there is great potential still to be realized once the company's U.S. strategies are implemented. The company's imminent U.S. expansion is expected to happen at the end of summer, with products launching into some of the largest retail chains in the world, which could lead to even greater increases in purchase orders received.

"The historic number of purchase orders we received over the last three months speaks to how well the company has been doing. Not only are our Canadian operations performing well, but the initial launch of our U.S. strategy has been successful. I believe that these numbers will only increase once we implement the full U.S. expansion we have scheduled for the end of summer. I am incredibly excited for the trajectory we are on and where it will go in the future," stated Chelsie Hodge, the company's chief executive officer and founder.

The company cautions that these figures have not been audited and are based upon calculations prepared by management. Actual results may differ from those reported in this release once these figures have been audited, and there can be no guarantee that purchase orders will result in increased sales revenue for the company.

About Blender Bites Ltd.

Blender Bites is a multi award-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 organic ingredients, non-GMO (genetically modified organism), 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 now distributed internationally across Canada and the U.S., and are currently sold in over 1,000 stores, including Walmart, Sobeys, Loblaws, Safeway, Save on Foods, Real Canadian Superstore, Whole Foods Market, Buy-Low/Nesters, IGA and Thrifty's.

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