Wildpack Achieves April Monthly Records for Total Throughput, Announces Successor Auditor, Provides MCTO Update, Provides Loan Update and Appoints Director

April 2023 Highlights (in USD):

• Confirmed Customer Orders: $6,191,169.
• Confirmed Sales Orders: 226.
• New Customer Conversions: 41.
• Total Throughput: 35,641,630 cans.
• Decoration Throughput: 4,722,977 cans.
• Filling Throughput: 3,434,933 cans.
• Printed Sleeve Throughput: 4,153,525 sleeves.
• Brokering Throughput: 23,330,195 cans.
• Plant Utilization: 40%.

VANCOUVER, BC / ACCESSWIRE / May 16, 2023 / Wildpack Beverage Inc. (TSXV:CANS)(OTC PINK:WLDPF) ("Wildpack" or the "Company") a leading middle market co-packer of canned goods announces record total throughput of 35,641,630 cans, driven by new monthly records for brokering and filling throughput for the month of April 2023. The Company reported confirmed customer orders of $6,191,169, confirmed sales orders of 226, and new customer conversions of 41.

During the month of April 2023, Wildpack achieved a total throughput of 35,641,630 cans; of which included decorated of 4,722,977, filled of 3,434,933, printed sleeves of 4,153,525, and brokered of 23,330,195 cans, notably setting new monthly records for brokering and filling throughput.

In addition to the new monthly records for brokering and filling throughput, Wildpack also achieved a significant milestone in its total throughput, which was a year-over-year increase of 153%, setting a new record for the Company.

Wildpack achieved overall plant utilization of 40% in April, the second consecutive month the Company achieved that milestone. Despite the ongoing relocation process of one of its co-packing facilities, which is factored into the overall plant utilization at zero, Wildpack Beverage has maintained elevated efficiency across its two east and west coast operating co-pack sites located in Las Vegas and Baltimore. The Company's success can be attributed to its strategic focus on customer satisfaction and commitment to efficiency, which have allowed it to maintain strong relationships with its existing customer base while consistently attracting new customers.

"We are proud to report on-going record throughput into April, which is a testament to our Wildpack team's hard work and dedication," said Mitch Barnard, CEO of Wildpack Beverage. "Our utilization achievements despite the ongoing relocation of our Colorado facility, are a testament to the unified commitment to operating as a pack! We remain committed to delivering exceptional products and services to all our customers."