Modern Meat Appoints Chris Parkinson as Brand and Relationship Manager

Vancouver, British Columbia--(Newsfile Corp. - September 22, 2020) - Modern Meat Inc., (CSE: MEAT) ("Modern Meat") or (the "Company"), an award-winning plant-based food manufacturer, announces that it has appointed Chris Parkinson as Brand and Relationship manager to further strengthen its sales and client relationships.

"We are delighted to welcome Chris to the Modern Meat team. As we prepare for our expansion plans it's one of our Company's top priorities to hire the right talent so we can drive distribution and growth and deliver to all our customers and vendors. At Modern Meat, we feel that customer satisfaction and providing a seamless experience is not just a priority, but a standard," states Tara Haddad, CEO of the Company.

Mr. Parkinson comes with a 12-year record of achievement in the food business, having been directly responsible for annual sales targets in excess of $100 million. Chris also has extensive experience in co-packing, as well as product development and sales. During his tenure at SYSCO food services, one of the world's largest food service companies, he was a driving force in advancing sales and built a strong sales pipeline for the company.

"As we continue to expand at an accelerated pace, it is imperative to put the right framework in place, from sales and production, to supply chain management and I feel that with our current expansion route we are poised to deliver on all accounts," states Loree Khan, Head of Canadian Sales and Distribution of the Company.

"I am thrilled to be part of an organization dedicated to creating nutritious and authentic plant-based foods. Being in the food business for over 12 years, I have never felt more passionate than I am about the plant-based "Good-For-You" space," said Chris Parkinson. "The plant-based meat industry's growth has been exponential in recent years, it is not a trend, but a fundamental shift in consumer lifestyle and consumption habits that is here to stay. Modern Meat is an emerging company poised to grab significant market share in the near future. I am excited to share my expertise, relationships, and experience and look forward to working with the Modern Meat team."

About Modern Meat

Modern Meat is a Canadian food company based in Vancouver, British Columbia that offers a portfolio of plant-based meat products. Modern Meat recognizes the importance of providing consumers nutritious and sustainable meat alternatives without sacrificing taste. We are deliberate in choosing ingredients free of soy, gluten, nuts and GMO's. Our mission is to change the way food is produced and consumed for the benefit of people, animals and the environment by using only natural 100% plant-based ingredients.

For further information, please contact:
Tanya Todd
Communications Director
info@themodernmeat.com
604-395-0974

Cautionary Statement Regarding Forward-Looking Information

This news release includes certain "forward-looking statements" and "forward-looking information" under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements with respect to: Modern Meat and Modern Meat's business and prospects; the Company's objectives, goals or future plans; future growth of the alternative meat sector, Modern Meat sales growth, the acquisition of new customers, the exploration of other opportunities to build brand, distribution and revenue, and the business, operations, management and capitalization of the Company. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic and social uncertainties; local and global market and economic uncertainties arising in respect of the COVID-19 pandemic; litigation, availability of key product ingredients, legislative, environmental and other judicial, regulatory, political and competitive developments; the ability to effectively expand manufacturing and production capacity; the success of market initiatives and the ability to grow brand awareness; the ability to attract, maintain and expand relationships with key strategic restaurant and food service partners; our ability to predict consumer taste preferences; delay or failure to receive regulatory approvals; the sufficiency of our cash to meet liquidity needs; those additional risks set out in the Company's public documents filed on SEDAR at www.sedar.com; and other matters discussed in this news release. Accordingly, the forward-looking statements discussed in this release may not occur and could differ materially as a result of these known and unknown risk factors and uncertainties affecting the Company. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/64310

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