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Eat & Beyond Subsidiary Banana Wave Updates Formula, The Canadian Business Journal

VANCOUVER, British Columbia & Boca Raton, FL, November 9, 2022 (GLOBE NEWSWIRE) — Eat & Beyond Global Holdings Inc. (CSE: eat) (OTCQB: EATBF) (FSE: 988) (“Eat & Beyond” or “Company) is an investment issuer focused on the food technology and global plant-based and alternative protein sectors, whose wholly-owned subsidiary Banana Wave has launched a sugar-free original, plant-based, dairy-free We are announcing that we have updated the combination of bananas. milk.

Banana Wave offers a line of non-dairy banana milks made with bananas and oats and flavored with natural ingredients. Available in 5 flavors – Original, Unsweetened Original, Mango, Chocolate and Strawberry, it offers a creamy, smooth texture while being fat-free.

Banana Wave CEO Steven Gelerman said: “We are committed to providing the best products possible. This means a focus on continuous improvement and thoughtful product development, driven by our customer engagement. .”

According to a Precedence Research report, the global alternative dairy market is projected onto It will reach US$68.79 billion by 2030 from US$25.2 billion in 2021, at a CAGR of 11.8%.

Eat & CEO Michael Aucoin said: beyond. “We look forward to our continued growth and the future of banana milk in this sector.”

Eat & Beyond acquired Banana Wave in 2022 and has worked closely with brands to grow market share through new product innovation and enhanced marketing initiatives.

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About Eat & Beyond Global Holdings

Eat & Beyond Global Holdings Inc. (“Eat & Beyond”)(CSE: Eat) (OTCPK: EATBF) (FSE: 988) is an investment issuer that makes it easy to invest in the future of food. Eat & Beyond identifies and invests in global companies developing and commercializing innovative food technologies and plant-based food alternatives. Led by a team of food industry experts, Eat & Beyond is the first issuer of its kind in Canada and offers retail investors a unique opportunity to participate in the growth of a broad cross-section of opportunities in the alternative food sector. provided and accessible. Companies leading the way towards a smarter, safer food supply. Details: https://eatandbeyond.com/

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Media Inquiries: [email protected]

For investment inquiries, please contact us at: [email protected]

Please contact Michael Aucoin for more information. [email protected] or (604) 416-4099

CSE has neither endorsed nor disapproved of the contents of this news release. Neither CSE nor its market regulators (as that term is defined in CSE’s Policy) assumes responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements within the meaning of Canadian securities laws (together, “Forward-Looking Statements”). Such forward-looking statements may include, but are not limited to: Sale of Common Stock Under Distribution Agreement, Amount of Proceeds and Use of Proceeds SUCH SALES, OUR DISTRIBUTION PLANAs described in the prospectus addendum and attached base Shelf prospectus. This includes documents incorporated by reference, which may not be based on historical fact. fact. Forward-looking information contains statements that may be relevant. our plans, objectives, goals, strategies, future events, future earnings or performance, capital expenditures, funding and other information; historical information. These statements can be found at various locations in this prospectus.d is often Identified by words such as “predict”, “estimate”, “plan”, “expect”, “intend”, “believe”, “plan”, “expect”. “could”, “could”, or their negation or other equivalent words.Such forward-looking information is necessarily based on forecasts, including known and unknown risks, uncertainties and other factors that may actually cause results, performance or achievements materially different from future results, performance or achievements; Outcomes expressed or implied by such Forward-looking information.Annual information form and material change reports filed with the Canadian Securities Administrators are available at: https://www.sedar.com.

CSE has neither endorsed nor disapproved of the contents of this news release. Neither CSE nor its market regulators (as that term is defined in CSE’s Policy) assumes responsibility for the adequacy or accuracy of this release.

Eat & Beyond Subsidiary Banana Wave Updates Formula, The Canadian Business Journal
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Eat & Beyond Subsidiary Banana Wave Updates Formula, The Canadian Business Journal

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