Mr. Craig Goodwin reports

NATURALLY SPLENDID ANNOUNCES WARRANT EXERCISE RAISES ADDITIONAL $612,865

Naturally Splendid Enterprises Ltd. has received an additional $612,865 in cash from the exercise of warrants. The warrants were exercised at a price of 5.5 cents for a total of 11,143,000 common shares being issued. Following the issuance of these shares, Naturally Splendid will have 217,946,007 common shares outstanding.

On March 5, 2021, the company announced $254,980 in cash from the exercise of warrants. Cumulatively, the company has received a total of $867,854 through the exercise of warrants.

Naturally Splendid chief executive officer Craig Goodwin stated: "A strategic investor has exercised this recent round of warrants, which has allowed the company to accelerate on key initiatives. This influx of capital will be directed towards the operations of the company to further advance projects, such as Natera Plant-Based Foods and e-commerce strategies. We look forward to providing updates as these key initiatives are implemented."

British Columbia Institution of Technology (BCIT) survey

The company also just completed an exciting survey with a dedicated team of marketing students from the British Columbia Institution of Technology that aims to explore generation Z's and millennials' awareness, knowledge and perception of plant-based foods.

BCIT, established in 1964, is one of British Columbia's largest postsecondary institutions, with more than 48,000 students. The institution has gained an exceptional reputation partnering learners and industry for success through work force development.

The findings from the survey will provide insight to consumer preferences for future plant-based protein foods. The company looks forward to providing updates on the continued growth of Natera Plant-Based Foods in the very near future, including findings from the survey details.

About Naturally Splendid Enterprises Ltd.

Founded in 2010, Naturally Splendid operates a food manufacturing facility (certified under Safe Quality Food Level 2) just outside of Vancouver, B.C., Canada. The company has established numerous healthy, functional foods under recognized brands, such as Natera Sport, Natera Hemp Foods, CHII, Elevate Me and Woods Wild Bar, and, most recently, Natera Plant-Based Foods, a line of delicious plant-based meat alternatives for the rapidly growing plant-based market segment.

The company has a myriad of new products and line extensions under development that are approaching launch. Naturally Splendid, through its joint venture, Plasm Pharmaceutical, has been approved by Health Canada for a phase 2 clinical trial for the treatment of COVID-19.

Naturally Splendid has also developed proprietary technologies for the extraction of high-demand, healthy omega-3 and omega-6 oils from hemp.

Naturally Splendid contract manufactures for healthy, functional food products and ingredients, focusing on plant-based ingredients. The company provides contract manufacturing services for many healthy food companies, private labelling a wide variety of nutritional food products destined for global healthy food markets.

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