Nabati Foods’ Nabati Cheeze Shreds and Nabati Plant Eggz™ Now Available on Plant X in Canada

VANCOUVER, British Columbia, Nov. 24, 2021 (GLOBE NEWSWIRE) — Nabati Foods Global Inc. (CSE: MEAL) (FSE:7UW) (“Nabati Foods” or the “Company”), a plant-based food technology company offering whole, natural, plant-based foods for health-conscious consumers, is announcing that leading eCommerce retailer Plant X is now carrying Nabati Plant Eggz™ and Nabati Cheeze shreds on its platform.

Plant X offers more than 5,000 plant-based products including food, beverages, cosmetics, and food delivery. It also works directly with multiple external websites, including Walmart.com, to distribute its catalogue of products.

“With more and more consumers opting for the convenience of online shopping, especially in the wake of the COVID-19 pandemic, Nabati Foods is pleased to be joining the Plant X marketplace to reach its broad customer audience,” Nabati Foods CEO Ahmad Yehya said. “Nabati Foods was founded to lead the evolution of food, and that means innovating but also listening to consumers and becoming a part of the evolution of how we ship to customers. A robust digital presence is key for the ultimate convenience and exposure.”

Nabati Plant Eggz™ is the first plant-based liquid egg alternative created by a Canadian company and is unique in the market as the only liquid chicken egg substitute that is free from soy and gluten.

Nabati Cheeze shreds are available in mozzarella or cheddar varieties. They are made without casein, lactose, or dairy.

“Nabati Foods has taken care to develop our plant-based egg and cheese alternatives so that they closely match the consistency and taste of the conventional animal products. We want to make the switch to plant-based eating to be easy and delicious,” Yehya said.

Nabati Foods is sold globally on three continents via grocery, foodservice, industrial, and eCommerce channels. All its products are kosher, vegan, egg-free, dairy-free, gluten-free and non-GMO.

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About Nabati Foods Global Inc.

Nabati Foods Global Inc. is the owner of Nabati Foods Inc. (“Nabati Foods”), 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, the U.S., and internationally through eCommerce, grocery, foodservice, and industrial channels. Learn more: https://invest.nabatifoods.com/

ON BEHALF OF THE BOARD OF DIRECTORS:

Ahmad Yehya

Director and CEO

For investor inquiries or further information, please contact: [email protected]

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No securities regulatory authority has either approved or disapproved of the contents of this news release.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of Nabati in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any state securities laws. Accordingly, the securities may not be offered or sold within the U.S. or to U.S. persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws, or pursuant to exemptions from the registration requirements of the U.S. Securities Act and applicable state securities laws.

Disclaimer for Forward-Looking Information

This news release includes certain forward-looking statements and forward-looking information (collectively, “forward-looking statements“) within the meaning of applicable Canadian securities legislation. The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking information or statements. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Forward-looking information in this news release includes statements concerning the Company’s general business plans. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors that could materially affect such forward-looking information are described in the risk factors in the Final Prospectus, and the schedules attached thereto, that are available on the Company’s profile on SEDAR at www.sedar.com.

Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements included in this news release are expressly qualified by this cautionary statement. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable laws.


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