Mr. Andrew Barnes reports

COHO COLLECTIVE KITCHENS AND SODEXO CANADA ANNOUNCE STRATEGIC PARTNERSHIP

Coho Collective Kitchens Inc. and Sodexo Canada have formed a strategic partnership between the commercial real estate and food technology company and a global leader in the food services and facilities management industry.

Sodexo Canada will support Coho in accelerating and scaling its services of providing private and shared kitchen and food production space while increasing efficiencies in its operations, including its commitment to a capital investment in the building of a new 26,000-square-foot facility in Richmond, B.C. Coho will supplement Sodexo's broad range of service offerings by connecting it with hundreds of small-to-medium-sized food and beverage businesses within the Coho ecosystem.

"We are very excited to be announcing this momentous partnership with Sodexo Canada. It's a huge step for Coho and all our member companies," says Andrew Barnes, chief executive officer, Coho Collective Kitchens. "To work together with a global leader of Sodexo's calibre, with over 40 years of experience in the food and beverage industry in Canada, we see a very bright future in scaling Coho to new heights and increasing our industry presence in the shared kitchen and retail food space."

Coho will also use multiple arms of Sodexo Canada. From managing select Coho facilities with its proprietary technology and decades of experience to accessing Sodexo's preferred vendor pricing, the collaboration will help Coho and its members achieve more value and higher margins.

"Sodexo Canada is very enthusiastic about its partnership with such an innovative company as Coho," says Martin Lapointe, senior vice-president of operations, Sodexo Canada. "Through this relationship we aim to support members and surrounding communities in thriving in the food service environment, driving local businesses, and helping expand a unique shared kitchen and retail food experience."

The partnership focuses on British Columbia with plans to expand into other regions in Canada. It illustrates Coho's commitment to a North American growth strategy in markets with significant potential while reflecting both companies' commitment to supporting local businesses and the communities in which they operate.

About Coho Collective Kitchens Inc.

Coho is a growing player in commercial real estate and food technology, operating fast-casual restaurants and shared kitchen facilities. As Canada's largest shared kitchen company, Coho is expanding its presence and services.