Planet Based Foods Announces Development Agreement with Global Producer Döhler

Apr 18, 2023

Planet Based Foods Global Inc. (CSE: PBF) (OTCQB: PBFFF) (FRA: AZ0) ("PBFG," "Planet Based Foods" or the "Company") is pleased to announce that the Company has entered into a non-exclusive development agreement ("Development Agreement") with renowned global producer, DoehlerGroup ("Doehler"). The objective of the Development Agreement is to establish a commercial relationship between Planet Based Foods and Doehler, with the intention to work towards a formal production agreement. In addition, Doehler has agreed to provide the Company with various goods and services including, but not limited to:

Developing and producing a hemp & oat milk base in partnership with Planet Based Foods for use in B2B ingredients and B2C customers. This exciting development will operate in conjunction with Doehler headquarters in Darmstadt, Germany, and Doehler North America, located in Georgia, USA.

Developing and producing a cold brew coffee beverage using a hemp (and possibly oat) milk base alongside Planet Based Foods. Doehler additionally agrees to assist the Company with introductions to key development, procurement, and canning personnel in both North America and the EU.

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