Flight Food and Beverage Partners Inc Provides Shareholder Update and Corporate Overview

Flight Food & Beverage Partners Inc.

Provides Shareholder Update & Corporate Overview

VANCOUVER, BC, March 15, 2022 – Flight Food & Beverage Partners Inc. (“Flight”) is pleased to provide an update on the progress of our recent corporate initiatives and overview of its corporate structure.

Flight recently completed the acquisition of the land, building and IP of Barkerville Brewing Company, one of Northern BC’s oldest and largest breweries. Building on the acquisition, Flight is currently investing in the facilities to increase production capacity as well as expanding sales and marketing activities to further increase profitability.

Flight is also actively growing its investment portfolio. In the past 12 months, Flight has taken equity positions in four businesses: Ole Cocktail Co.; Wize Spirits; Planet Based Foods; and Forbidden Spirits Distilling Co. Each of these companies has made significant progress over the past 12 months and have aggressive growth plans for 2022. Flight is also a strategic advisor to Ole and Wize.

"I am very pleased with our accomplishments over the past year. The Flight team was laser focussed on executing on our vision - target, invest, optimize, profit,” said Robert Meister, CEO and Founder. “Flight is poised for another very active year ahead with numerous opportunities in the works. In 2022, we will continue build significant shareholder value as we look to undertake more investments and acquisitions as well as a public listing planned for this summer."

Corporate Structure Overview

Flight Operations The core of Flight’s business is its operations. Our management team provides the necessary expertise and operational support to drive growth in the businesses Flight acquires and starts.

Flight Operations includes Barkerville Brewing.

Flight Investments Flight has a broad investment portfolio focused on companies with developed products and services, have a proprietary position due to intellectual property or a strong brand franchise.

Flight Investments includes Ole Cocktail Co., Wize Spirits, Planet Based Foods and Forbidden Spirits Distilling.

Flight Holdings Flight is building a portfolio of real estate holdings as part of its Food & Beverage sector acquisition strategy.

Flight Holdings includes the land building in Quesnel which is leased by Barkerville Brewing.

Propeller Marketing Propeller Marketing is Flight’s full-service marketing arm servicing clients in the Food & Beverage sector inside and outside of its assets and investment partners.

Propeller is currently working with Barkerville Brewing and OLE Cocktails.

Key People Update

In addition to the onboarding of new operations and investments, Flight is actively looking to add to our leadership team with the appointment new directors and advisors.

Environmental Sustainability Update

Sustainability is fundamental to our future. As global citizens we believe all companies have a social responsibility to structure their businesses to progress environmental initiatives. To further our alignment with sustainability, we are reviewing new opportunities, initiatives and technologies to better serve our products, improve our operations/profitability while also supporting the environment.

A more updates and key milestones hit, please visit our website www.flightpartners.ca or follow us on LinkedIn or Instagram.

About Flight Food & Beverage Partners

Flight is an investment company focused on acquiring and investing in emerging consumer companies in the rapidly growing Food & Beverage sector. We utilize our knowledge and connections to find unrealized opportunities. Flight is engaged in the integrated development, acquisition and partnership of Trademarks/Intellectual Property, assets, and portfolio interests.

We invest in companies with developed products and services, have a proprietary position due to intellectual property and/or a strong brand franchise.

Disclaimer

The information contained herein is deemed to be reliable but is in no way warranted by us as to accuracy or completeness. Messages are monitored and retained by the Company, but the Company cannot guarantee the security of this message. If you are not the intended recipient of this message, promptly delete this message and notify the sender of the delivery error by return e-mail. You may not forward, print, copy,

distribute, or use the information in this message if you are not the intended recipient. This communication is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular investing strategy. Flight Food & Beverage Partners Inc. is not a licensed dealer in securities and is not otherwise registered under applicable legislation in any jurisdiction. Any services provided by or activities taken by Flight Food & Beverage Partners Inc. do not include, and are not intended to include: any services or activities for which Flight Food & Beverage Partners Inc. or any of its directors, officers, employees, consultants or advisors would be required to be registered or licensed under any applicable legislation; or any services or activities which are investor relations activities, market-making activities or promoter activities under any applicable legislation or under the rules or policies of any stock exchange.

Forward-Looking Information

This press release contains certain “forward-looking information”. All statements, other than statements of historical fact, that address activities, events or development that the Company believes, expects or anticipates will or may occur in the future constitute forward-looking information. This forward-looking information reflects the current expectations or beliefs of the company based on information currently available to the Company. Forward-looking information is subject to several significant risks and uncertainties and other factors that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to, the possibility of unanticipated costs and expenses. Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the company disclaims any intent or obligation to update any forward-looking information whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.