Planet Based Foods Global Inc. announced that it will partner with Green Spoon Sales ("Green Spoon") to help stimulate U.S. retail growth. This strategic partnership aims to leverage Green Spoon Sales' expertise and distribution network to accelerate the presence and availability of the Company's hemp-based food alternatives across the United States, further fueling the Company's growth trajectory. Green Spoon is a nationwide food and beverage brokerage that specializes in the natural products industry.

Green Spoon represents disruptive and emerging consumer packaged goods companies. Green Spoon will additionally manage the headquarter calls at various corporate locations. Green Spoon's expertise in distributor relations will be instrumental in the growth of the Planet Based Foods brand.

Green Spoon will act as a distributor relationship facilitator, ensure the completion and submission of all necessary paperwork from suppliers, and maintain up-to-date certifications, documents, and labels uploaded as required. Following the Company's recent successes in the hemp-based food alternative space, Planet Based Foods has experienced a surge of interest from natural food and other retailers, representing hundreds of stores across the United States, in addition to a robust e-commerce pipeline. To sustain the Company's growth trajectory, Planet Based Foods may seek the support of industry experts such as Green Spoon to elevate the Company to the next echelon.

The Company announces that the Board of Directors has approved the grant of an aggregate of 2,470,000 restricted share units ("RSUs") under the Company's restricted stock unit plan (the "Plan") to directors, officers, employees and consultants of the Company. The RSUs vest immediately and expire on December 1, 2026. The Plan was approved by the shareholders of the Company on July 22, 2021.