Vancouver, BC, June 07, 2023 (GLOBE NEWSWIRE) -- Eat & Beyond Global Holdings Inc. (CSE: EATS) (OTCPK: EATBF) (FSE: 988) ("Eat & Beyond" or the "Company"), an investment issuer focused on the global plant-based and alternative protein sector is pleased to announce that the Company has appointed Young Bann as CEO for the Company, effective June 6, 2023. Concurrently, Michael Aucoin will transition into the role of Senior Advisor to the Company. The Company thanks Mr. Aucoin for his work and dedication and wishes him well in his future endeavors.

Mr. Bann is currently CEO of Purpose ESG Holdings Inc. He has served as a Corporate Executive in General Electric and as CEO of Hyundai Materials (a Hyundai Motor Group affiliated company). Prior to his corporate executive career, he developed a career in management consulting at firms, such as Booz. Allen & Hamilton, Accenture, and IBM. For over 30 years, he has built business relationships with global ESG industry leaders. He holds an MBA from the University of Chicago.

ABOUT EAT & BEYOND

Eat & Beyond is an investment issuer that identifies and makes equity investments in global companies that are developing and commercializing innovative food tech and sustainability. Led by a team of industry experts, Eat & Beyond is the first issuer of its kind in Canada, providing retail investors with the unique opportunity to participate in the growth of a broad cross-section of opportunities in the alternative food and sustainability sectors, and access companies that are leading the charge toward a smarter, more secure food supply.

For more information about Eat & Beyond and to sign up for our latest updates, visit eatandbeyond.com

ON BEHALF OF THE BOARD OF DIRECTORS:

Young Bann, CEO
Info@Eatbeyondglobal.com
778-887-8912

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.

Cautionary Note

Forward-Looking Information: This news release includes certain statements that may be deemed "forward-looking statements". The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "would", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on