PLANET BASED FOODS UNVEILS NEW PLANT-BASED COMFORT FOODS AT NATURAL PRODUCTS EXPO WEST

Planet Based Foods’ new products represent an expansion into the plant-based ready meals category following the successful launch of its hemp-based burgers, sausages and crumbles in foodservice and via planetbasedfoods.com and Vejii.com. The company’s innovative production process is the first to use hemp seeds, along with pea protein and brown rice, to maximize nutrients and fiber in its plant-based meats without any waste. The brand’s original crumble now features as a plant-based nutritious ingredient in its new taquitos that also use 100% vegan cheese.

“Consumers are looking for new, convenient ways to incorporate plant-based foods into their lifestyles, and Planet Based Foods delivers,” said Braelyn Davis, CEO and co-founder of Planet Based Foods. “Our new taquitos feature our plant-based meat made from sustainable hemp and make it easy to enjoy classic comfort foods that don’t rely on animal protein.”

“We founded Planet Based Foods with one goal: to make hemp a nutrient-dense source of protein that can withstand the effects of climate change and feed the planet for generations to come,” Davis added. “Expanding our product line to include portable comfort foods creates a familiar and delicious way to introduce consumers to our superfood hemp-based meat while delivering exceptional taste, convenience and durability.

Attendees of EXPO West 2022 have their first opportunity to sample new Planet Based Foods products at Booth #N838, Level 100 in the North Hall Hot Products Showcase:

Taquitos

Original snacks – showcase Planet Based Foods’ original hemp-based crumble seasoned with onions and delicious vegan peppercorn cheese in a crispy taquito shell, perfect for snacking and entertaining. PRS $7.99 for 6 taquitos.

Southwestern Taquitos – showcase the zesty flavors of the Southwest, including Planet Based Foods original crumble, vegan pepper jack cheese, and yellow onion and serrano chiles sautéed in olive oil. PRS $7.99 for 6 taquitos.

Burgers and sausages

Original hemp burger – lightly seasoned with a blend of garlic, onion and smoked paprika, the Original Burger made with a blend of hemp seeds, pea protein and brown rice has been perfected based on real feedback from experience at California burger restaurants and stands out for its nutrition, as well as its satisfying salty taste, mouthfeel and cooking performance. PRS $7.99 for 2 4 oz. burger patties.

Green Chilli Southwestern Hemp Burger – Natural seasoning and fresh, tangy slices of green pepper add Southwestern flavor to the classic blend of hemp seeds, pea protein and brown rice. PRS $7.99 for 2 4 oz. burger patties.

Hot Breakfast Sausage Hemp Patties – seasoned to perfection with smoked paprika and black pepper, the blend of hemp seeds, pea protein and brown rice makes a hearty breakfast sausage without the fat of traditional pork sausage. PRS $7.99 for 4 sausage patties.

Founded in 2019 by a former nutrition coach and cannabis distributor Braelyn Davisfood scientist and plant pioneer Robert Davisand restoration veteran Ted Cash, Planet Based Foods represents the culmination of six years of research and development into how to use hemp seeds in plant-based meat applications. A nutritional powerhouse, hemp seeds provide more nutrients and protein than most legumes, meats, and plant-based grains. Hemp requires less water than traditional crops, regenerates soil, requires no pesticides, and can grow successfully in warmer temperatures, making it uniquely suited to thrive in the face of climate change and agricultural resource constraints. . Planet Based Foods sources 100% hemp from United States as part of its commitment to supporting American farmers and reducing the carbon footprint of its supply chain.

For further details on the Company, please see the Company’s registration statement at www.thecse.com and the Company’s profile at www.sedar.com.

To view company information and to subscribe to automatic e-mail alerts for future news and public filings, visit the Planet Based Foods website at www.planetbasedfoods.com.

About Planet Based Foods

PBFG, through its wholly owned subsidiary San Diego, California, Planet Based Foods Inc., is a producer of sustainable, plant-based meat alternatives. Planet Based Foods was founded in 2018 in San Diego, California. With a mission to build a better food system by providing people today with hemp-based superfoods that support our planet tomorrow, all Planet Based Foods products are 100% vegan.

For more information, please visit: www.planetbasedfoods.com or contact: [email protected] or +1 619 363 7456.

ON BEHALF OF COUNCIL

Braelyn Davis

Braelyn Davis

President, CEO and Director

FORWARD-LOOKING STATEMENTS:

Certain statements included in this press release constitute forward-looking information or statements (collectively, “forward-looking statements”), including those identified by the expressions “anticipate”, “assume”, “believe”, “plan”, “estimate “, “expect”, “intend”, “may”, “should” and similar expressions insofar as they relate to the Company or its management. Forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. These statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors. These statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances, except as required by law. Readers should not place undue reliance on the Company’s forward-looking statements.

The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this press release.

SOURCE Planet Based Foods

For further information: For investor inquiries, please contact: Daniel Southan-Dwyer, Corporate Development, Planet Based Foods, [email protected], Phone. : +1 604 366 6277; For media inquiries, please contact: Adrienne Arieff, Managing Director, Beck Media & Marketing, [email protected]Phone. : +1 310 270 2214

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