Ms. Tara Hadadd reports

MODERN MEAT ANNOUNCES DISTRIBUTION PARTNERSHIP WITH GREY JAY SALES AND DISTRIBUTION

Modern Meat Inc. has entered a distribution partnership with Grey Jay Sales and Distribution. Under the agreement, Grey Jay will market and distribute the line of Modern Meats plant-based meat products to retail partners across Ontario, Canada. The agreement is expected to have a major impact on the company's direct store delivery and on-shelf availability in this market.

Grey Jay Sales and Distribution is one of Canada's premier food distributors, focusing on the delivery of high-quality local and specialty products to national food chains across Ontario. Grey Jay clients include globally revered brands, such as Blue Diamond Almonds, Haribo, Olive Garden, Grimm's Fine Foods, Clif Bar, illy and many more.

"The addition of Grey Jay as a channel partner further strengthens our commitment to increasing the accessibility of our plant-based meat," states Tara Hadadd, chief executive officer of Modern Meat. "Expanding our distribution network throughout Ontario is key to our growth, and partnering with Grey Jay provides us with access to a network of over 400 retailers."

"We pride ourselves in representing brands that are innovative and offer something unique to our valued list of retailers," explained Laura Ender, chief executive officer of Grey Jay. "We feel that Modern Meat fills a gap that has not been claimed in the food market by focusing on high-quality ingredients that are vegan and good for you. Our retail partnerships include some of the largest grocery stores in Canada, and our goal is to elevate the Modern Meat brand in this category."

"We expect the addition of Grey Jay to accelerate the interest in our plant-based meats. Consumer demand is high, and we remain committed to growing the network of where our products are offered with the goal of becoming the meat alternative of choice in Canada," said Ms. Hadadd.

About Modern Meat Inc.

Modern Meat is a Canadian food company based in Vancouver, B.C., that offers a portfolio of plant-based meat products. Modern Meat recognizes the importance of providing consumers nutritious and sustainable meat alternatives without sacrificing taste. It is deliberate in choosing ingredients free of soy, gluten, nuts and GMOs (genetically modified organisms). Its mission is to change the way food is produced and consumed for the benefit of people, animals and the environment by using only natural 100-per-cent plant-based ingredients.

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