Mr. Steve Bromley reports

ORGANTO ANNOUNCES PLANS TO EXPAND INTO NORTH AMERICA

Organto Foods Inc. plans to expand its existing platform and enter the North American market, initially in the United States. With its extensive experience in sourcing, distribution and marketing of organic and non-GMO (genetically modified organism) fruit and vegetable products in a number of European markets and most recently Asia, Organto plans to leverage its capabilities and enter the U.S. market in late 2023. Organto is in the process of building an experienced team as well as developing strategic partnerships to support this market expansion.

Rients van der Wal, co-chief executive officer of Organto Foods Inc. and chief executive officer of Organto Europe BV, commented: "The decision to enter the North American marketplace comes as part of our strategic expansion plan, which is focused on leveraging the platform we have built and expand into new markets. Adding North America to our platform will enhance the service we can provide to our strategic supply partners and our international customers, while at the same time leveraging our diverse sourcing, distribution and marketing expertise. The United States is the largest organic foods market in the world, and, with consumers becoming more conscious of their food choices and seeking healthier alternatives, we recognize the immense potential the U.S. market offers, and we are excited to enter this market with our unique value proposition."

Organto is an integrated provider of branded, private label and distributed organic and non-GMO fruit and vegetable products serving global demand for healthy and socially responsible foods. Organto operates a strategic and flexible asset-light business model, sourcing products from five continents, and uses its certification, supply chain, marketing and distribution expertise to bring products to markets across Europe and Asia. Organto markets a number of branded product offerings, including its flagship I Am Organic brand and has realized 16 consecutive quarters of record revenue growth versus the same quarter in the prior year. Organto's long-term growth strategy is to build an ethics driven one-stop shop in fresh organic and specialty fruit and vegetable products fuelled by a combination of strong internal growth and acquisitions.

About Organto Foods Inc.

Organto is an integrated provider of branded, private label and distributed organic and non-GMO fruit and vegetable products using a strategic asset-light business model to serve a growing socially responsible and health-conscious consumer around the globe. Organto's business model is rooted in its commitment to sustainable business practices focused on environmental responsibility and a commitment to the communities where it operates, its people and its shareholders.

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