Mr. Bruce Hodge reports

PREMIUM BRANDS HOLDINGS CORPORATION APPOINTS NEW DIRECTOR TO ITS BOARD

Premium Brands Holdings Corp.'s board of directors has appointed Thomas P. Dea as an independent non-executive director of the corporation, effective Dec. 1, 2023.

Mr. Dea is a long-term shareholder of Premium Brands in his personal capacity and has extensive experience as a director of private and public companies, including as chairman. He is the president and chief executive officer of Kicking Horse Capital Inc. He was previously a partner with West Face Capital where he co-led the launch of the West Face Alternative Credit Fund. He was also a managing director at Onex Corp. Mr. Dea received a BA (economics) from Yale College and an MBA from Harvard Business School.

"We are delighted and honored to welcome Tom to our board. His long history of leadership, along with his extensive board experience and deep knowledge of corporate finance, will be invaluable to Premium Brands as we continue to meet our strategic goals," said Bruce Hodge, chairman of Premium Brands. "It is an honour to be joining the board of a company I have long admired," said Mr. Dea.

About Premium Brands Holdings Corp.

Premium Brands owns a broad range of leading specialty food manufacturing and differentiated food distribution businesses with operations across Canada and the United States.