Wildpack Celebrates December 2022 Production Successes and Baltimore Plant Achieves SQF Designation

December 2022 Highlights (in USD):

• Confirmed Customer Orders: $5,683,527.
• Confirmed Sales Orders: 224.
• New Customer Conversions: 53.
• Total Throughput: 23,956,748 cans.
• Decoration Throughput: 2,987,095 cans.
• Filling Throughput: 2,123,339 cans.
• Printed Sleeve Throughput: 3,151,473 sleeves.
• Brokering Throughput: 15,694,841 cans.
• Plant Utilization: 25%.
• Safe Quality Food designation achieved at our Baltimore, Maryland location.

VANCOUVER, BC / ACCESSWIRE / January 19, 2022 / Wildpack Beverage Inc. (TSXV:CANS)(OTCQB:WLDPF) ("Wildpack" or the "Company") a leading co-packer of canned goods, is proud to announce its December 2022 sales and production highlights, and a significant quality assurance achievement for the Company. With confirmed customer orders totaling $5,683,527 and a record-breaking 224 confirmed sales orders, the Company had a very strong finish to the year.

In addition to these impressive achievements, Wildpack also saw a record number of new customer conversions, with 53 new customers added to the Company's growing diversified list.

The Company also set a new record in total throughput, with 23,956,748 cans produced. This included decoration throughput of 2,987,095 cans, filling throughput of 2,123,339 cans, and printed sleeve throughput of 3,151,473 sleeves. The Company also set a new record in brokering throughput, with 15,694,841 can and can equivalents brokered.

In terms of plant utilization, the Company had a strong performance notwithstanding December is typically a slower month for the beverage co-packing industry, with a utilization rate of 25%.

The Company is also honored to announce that its Baltimore, Maryland plant has received the coveted Safe Quality Food (SQF) designation, demonstrating the Company's on-going commitment to producing safe and high-quality products for its customers.

"We are thrilled with the successes we saw in December and are proud of the hard work and dedication of our Wildpack team," said Mitch Barnard, CEO of Wildpack. "We look forward to continuing to provide our customers with high-quality, reliable products in the coming year, and this SQF designation is a testament to our commitment to safety and quality."

Per: "Mitch Barnard"

Mitch Barnard
Chief Executive Officer and Director

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Advisors

Fasken Martineau DuMoulin LLP is the legal advisor to Wildpack Beverage Inc.