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Nabati Foods Global Inc
Symbol MEAL
Shares Issued 45,416,897
Close 2021-10-05 C$ 0.83
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Nabati Foods appoints Parent as adviser for CEO

2021-10-06 11:50 ET - News Release

Mr. Ahmad Yehya reports

NABATI FOODS ATTRACTS LEADING FOOD INDUSTRY EXPERT, MARTIN PARENT

Nabati Foods Global Inc. has attracted senior food industry leader Martin Parent to act as an adviser to Nabati Foods chief executive officer Ahmad Yehya.

Mr. Parent will work closely with Mr. Yehya to support Nabati Foods' global expansion efforts, particularly efforts related to Nabati Plant Eggz, the company's plant-based liquid egg alternative that launched in August of 2021. All Nabati Foods products are kosher, vegan, egg-free, dairy-free, gluten-free and made without GMOs (genetically modified organisms) or refined sugar.

"We are pleased to welcome an experienced business executive like Martin Parent to our growing Nabati Foods family," Nabati Foods chief executive officer Ahmad Yehya said. "His broad and significant international experience will be a tremendous asset as we continue to scale our distribution globally through multiple channels including grocery, food service, industrial and e-commerce."

Mr. Parent has more than 25 years of experience in the food industry and is currently the president of Mondelez Canada, a Toronto-based snack manufacturer boasting well-established brands, including Cadbury Dairy Milk, Oreo, Sour Patch Kids, Trident gum and others. Mr. Parent also previously worked with Ultima Foods, Frito Lay and the Campbell Soup Company, and has worked in a range of global markets, including North America, Asia, the Middle East, Africa and more.

"Nabati Foods stood out to me as a company that I wanted to be a part of. It is truly innovative, and has created a growing range of products that have great potential for success in diverse consumer markets globally," Mr. Parent said. "I look forward to working closely with Mr. Yehya to help the brand expand its reach and get into the hands of the growing number of people who are seeking mouth-watering, plant-based foods to benefit their own health and the health of the planet."

Mr. Parent holds a bachelor of commerce in marketing from the Universite du Quebec a Montreal and an MBA from the University of British Columbia. He also has an executive certification in corporate directorship from the Singapore Management University.

About Nabati Foods Global Inc.

Nabati Foods Global is the owner of Nabati Foods Inc., a family-founded food technology company offering whole, natural, plant-based, gluten- and soy-free foods for health-conscious consumers. Nabati Foods was founded in 2014 and has four signature product lines, including dairy-free cheesecakes, cheese alternatives, plant-based meats and a plant-based liquid egg alternative. Nabati Foods products are distributed throughout Canada and the United States, and internationally through e-commerce, grocery, food service and industrial channels.

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