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Nabati Plant-Based Meats Now Available at Pete's Fresh Market Stores

MEALF

Nabati Foods’ plant-based meats are now available Pete’s Fresh Market Stores

VANCOUVER, British Columbia, Feb. 16, 2022 (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 its plant-based meats are now available for sale at Pete’s Fresh Market stores. Pete’s Fresh Market has been an established grocery chain in the Chicago area for over 50 years. The brand stocks a wide range of gluten free and organic products.

Nabati Foods’ F’sh, Chick’n, and Burgers are sold in 230 gram (8.11 ounce) packages with a pair of patties. Nabati Plant-Based Groundz are sold in a 345 gram (12.17 ounce) package. All are comparable to their animal-product counterparts with 250 or fewer calories and 21 grams of protein or more per serving. Nabati Cheeze™ Shreds, both cheddar and mozzarella style, were made available at Pete’s Fresh Market stores in November 2021.

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

Find Nabati Foods products at a location near you here: https://www.nabati.ca/a/store-locator

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:

Michael Aucoin
Interim CEO

For investor or media inquiries or further information, please contact:

Greg Foofat
Director, Investor Relations
Email: ir@nabatifoods.com
Telephone: 780-800-6624

Find Nabati on Social Media: on Instagram, Facebook, Twitter and LinkedIn

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 atwww.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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