Mr. Tyler Lewis reports

RIGHT SEASON'S PORTFOLIO COMPANY, BLENDER BITES LTD., ACHIEVES RECORD PURCHASE ORDERS IN Q2 2023

Right Season Investments Corp. portfolio company Blender Bites Ltd. has achieved a record number of purchase orders during the three months ended July 31, 2023.

During the period, Blender Bites received purchase orders totalling $1,869,000, a record achievement in value of purchase orders received by Blender Bites in any given period. The Q2 2023 figure represents an increase of over 125 per cent in the total value of purchase orders compared with the same period in 2022, and a 158-per-cent increase in total value of purchase orders received for the three-month period of February, 2023, to April, 2023 -- both numbers demonstrating significant growth.

The historic increase during Q2 2023 can be attributed to factors such as: the receipt of initial orders stemming from its Walmart Canada launch; the commencement of a United States retail rollout; and increased product demand within the existing 1,000-plus Canadian retail grocery and club stores where Blender Bites are already sold. The increase does not reflect any orders Blender Bites anticipates receiving once its U.S. expansion is fully implemented in the upcoming months.

Blender Bites' management feels that the upward trend for the number of purchase orders received, and subsequently anticipated sales revenue, will continue in a positive trajectory, as there is great potential still to be realized as Blender Bites' strategies are fully implemented in the United States. Blender Bites' U.S. expansion is expected to peak nearing the end of summer 2023, with products launching into U.S. divisions of some of the world's largest retail chains, which could lead to even greater increases in purchase orders received in the future.

"We're extremely excited with Blender Bites' historic announcement. We believe Blender Bites has made tremendous progress over the last year and also believe there are many more opportunities for the smoothie innovator to capitalize on," stated chief executive officer Tyler Lewis.

The company also announces that it has engaged BullVestor Medien GmBH, and its general manager, Helmut Pollinger, both arm's-length parties to the company, to provide digital marketing services to the company commencing on Aug. 15, 2023, and running through Dec. 1, 2023 (the services). The services will include the creation of content, strategic planning, digital advertisement placement, and overseeing the progress and results of digital campaigns. In consideration for providing the services, the company has agreed to pay to BullVestor 200,000 euros.

The consideration offered to BullVestor does not include any securities of the company. Aside from this engagement, the company does not have any relationship with BullVestor.

About Right Season Investments Corp.

Right Season Investments is a Canadian venture capital, investment and advisory firm that strives to actively drive innovation and accelerate growth for its shareholders. Right Season invests capital into private and public companies that offer excellent growth opportunities.

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