THE YUMY CANDY COMPANY SECURES WORLD’S LARGEST CONVENIENCE RETAILER ENGAGEMENT

VANCOUVER, BC, May 10, 2022 /CNW/ – The Yumy Candy Company Inc., (CSE: TYUM) (“Yumy Candy” or the “Company”) has received a pilot placement and execution commitment for its lower sugar, better for you Yumy Bear products from one of the world’s largest convenience retailers (the “Retailer”). The retailer has over 78,000 locations in over 19 countries, with 12,000 locations across North America alone, where they focus on healthier food options. Known for its frozen soft drinks and larger-than-average drink formats available 24 hours a day, the retailer has become a leader in the convenience store space.

Logo (CNW Group/Yumy Bear Goods Inc.)

“Launching with this retailer is a dream come true for our business and a significant sign of growth. This retailer is not just a nationally recognized convenience store, but a global entity with a reach in 19 countries. Being able to market our Yumy products on their shelves is a signal that our company is poised to be a staple confectionery brand.When the world’s largest convenience retailer changes its product line to healthier alternatives, it clearly illustrates that global consumer habits have shifted significantly towards healthier products, and I believe Yumy is at the forefront of the confectionery and snacks space,” says Erica WilliamsCEO and Founder.

Founded in Dallas, TX as an icehouse in 1927, the retailer has gone through multiple changes and is pivoting to become and remain the largest convenience store chain in the world. Throughout the retailer’s history, they have introduced cutting-edge products and developed strategic partnerships. Beginning as a convenience store, with an extension to gas stations, the retailer is known for offering not only convenience store food, but also real restaurant quality food. Specifically, the channel has now adapted the ideology of healthier eating and shifted to “Better for You” options.

“When this retailer changed their shopping habits to healthier alternatives, they made our product an obvious choice for their shelves. Our products embody the retailer’s principles of being delicious, fun, sweet and now with the added benefit of also being healthy.With this retailer supporting our products, I believe it can become a powerful partnership in the confectionery industry as a whole, as no other retailer has a more targeted consumer base with such a wide distribution”, comments Erica WilliamsCEO and Founder.

The Yumy Candy is an affordable, health-conscious plant-based, low-sugar candy company based in Vancouver, British Columbia and it has developed a portfolio of healthier non-gummy candies made from non-GMO ingredients with proprietary recipes. All of its products are free of gelatin, soy, gluten, tree nuts, dairy, eggs, sugar alcohols, artificial sweeteners and genetically modified organisms.

Caution Regarding Forward-Looking Information

Except for statements of historical fact, this press release contains “forward-looking information” within the meaning of applicable securities laws. The information in this press release regarding the future plans and objectives of the Company is forward-looking information. This forward-looking information is based on reasonable assumptions and estimates made by the Company’s management at the time it was made, and involves known and unknown risks, uncertainties and other factors that may cause results, actual performance or achievements of the Company are materially different from any future results, performance or achievements expressed or implied by such forward-looking information. These factors include, among others: general business, economic and social uncertainties; local and global economic and business uncertainties related to the COVID-19 pandemic; litigation, availability of key product ingredients, legislative, environmental and other legal, regulatory, political and competitive developments; the ability to effectively increase manufacturing and production capacity; the ability to obtain retail partners to distribute the Company’s products, the success of market initiatives and the ability to increase brand awareness; the ability to attract, maintain and expand relationships with key strategic suppliers; our ability to predict consumer taste preferences; delay or failure to receive regulatory approvals; the sufficiency of our liquidity to meet liquidity needs; such additional risks set forth in the Company’s public filings on SEDAR at www.sedar.com; and other matters discussed in this press release. Accordingly, the forward-looking statements discussed in this release may not occur and may differ materially due to these known and unknown risk factors and uncertainties affecting the Company. Although the Company believes that the assumptions and factors used in the preparation of forward-looking statements are reasonable, undue reliance should not be placed on such statements, which speak only as of the date of this press release, and no no assurance can be given that such statements of events will occur within the time periods disclosed or at all. Except as 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.

SOURCEYumy Bear Goods Inc.

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