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Senior leaders at the Annual Meeting of the World Economic Forum in Davos revamp approach to increasing incomes for smallholder farming families

IDH, the Sustainable Trade Initiative

Equitable distribution of value and risk represents an opportunity for business to not only improve livelihoods among smallholder farming households, but ensure reliable, resilient supply chains. Today, a group of senior leaders from business, governments, civil society, and financial institutions gathered at a side event to the World Economic Forum in Davos to explore ways to overcome barriers and enable more efficient value distribution in favor of smallholder farmers. An efficient and sustainable value chain is one that assures fair distribution of value and risk. Currently, smallholder farming households often shoulder the greatest burden of risk in supply chains, from volatile prices to the effects of climate change. This burden represents a serious threat to livelihoods and market stability. The COVID pandemic and global conflict only exacerbate the problem, increasing the income gap even further. “Our goal is value chains where risk is shared, and farmers can maintain a viable business that supports a living income. For too long our market has focused on value extraction. Now we need to reorient ourselves to value creation from the first link in the supply chain all the way to the consumer,” said Daan Wensing, CEO of IDH - the Sustainable Trade Initiative, at the side event. “If we don’t train our focus across the entire supply chain, it will eventually collapse.” The side event, Accelerating Change Through a Global Coalition on Living Income, was co-hosted by IDH - the Sustainable Trade Initiative (IDH) and Wageningen University (WUR). Participants included Her Majesty Queen Máxima of the Netherlands in her role as the United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA), executives from Nestlé, JBS, Unilever, Standard Chartered Bank, senior representatives from the governments of Côte d’Ivoire and Ghana and more. Her Majesty Queen Máxima emphasized that this meeting was extremely timely. As the highest risk is placed on those who can least afford it, the smallholder farmers all over the world. Financial Inclusion is not enough: ‘We should not only increase the living income of the smallholder farmer, but also build their resilience’. Facilitators challenged the group to consider how their trade systems could be overhauled to distribute risk and value more equitably in their value chains. They explored the barriers to system transformation at the individual and organizational level. This meeting is part of a longer journey, co-developed by IDH, WUR and others, to design a multi-stakeholder framework for action. This framework will inspire pathways for improvement for farmers and businesses, including concrete interventions and points of collaboration. The multi-stakeholder framework on living incomes will rely on a shared understanding of the challenges and opportunities for improving incomes. The scale and scope of the problem with value distribution is so large that no single actor or intervention can fully address it. The framework can help clarify the roles and responsibilities for finding solutions that include the perspectives of a wide swath of stakeholders, from the private and public sectors to farmer representatives, the financial sector and civil society. The multi-stakeholder framework for action is part of IDH’s Living Income Roadmap, which contains a range of steps, guidance questions, and data-driven tools to help companies, governments, investors, and civil society organizations close living income gaps. The follow up of this event will take place on 14th of June, during the Living Income Summit in Amsterdam. About IDH: IDH-the Sustainable Trade Initiative (IDH) restores flourishing markets with better jobs, better incomes and a better environment. When IDH is successful, companies rebalance the relationships between the workers they employ, the customers they serve and the planet that serves us all. IDH achieves this by creating public-private partnerships, and by using data to design, test and invest in more sustainable ways of doing business. Headquartered in the Netherlands, IDH has over 290 employees globally, operating in 20 landscapes and 12 commodities and sourcing regions with over 1000 public and private partners. In 13 years of operation, IDH has generated over 390 M EUR in private sector investment and support for new business models that create positive impact for people and planet. IDH’s work is made possible because of the funding and trust of multiple European governments and private foundations, including the Governments of Netherlands, Denmark, and Switzerland. For more information, go to www.idhsustainabletrade.com or follow @IDHTrade on Twitter and LinkedIn. Contact Details IDH, the Sustainable Trade Initiative Gillian Evans +31 6 42287488 Evans@idhtrade.com Company Website https://www.idhsustainabletrade.com/

May 25, 2022 09:01 AM Eastern Daylight Time

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EnvisionWell® Announces B Corp Certification

EnvisionWell

Envisi on2b Well® Inc., DBA EnvisionWell®, is a mission-driven Minority Business Enterprise (MBE) that provides unique healthcare solutions in the workplace and the community at large. This passionate group of innovators is striving to advance Social Health Empowerment® and health equity through their digital health and wellness platform, community events, multi-cultural health programs, and the EnvisionWell® app, an all-in-one, whole-person consumer mobile wellness app. Today, we are pleased to announce that EnvisionWell® is a certified B Corporation (B Corp). Empowering WELLth for Humankind ® The B Corp certification process is administered by the nonprofit, B Lab, and measures a company’s social and environmental impact. To become a certified B Corporation, companies must meet rigorous standards of “performance, accountability, and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials.” Tammy Williams, founder and CEO of EnvisionWell®, has long been focused on finding a solution for the gaps in both corporate wellness and public health. Attaining B Corp certification is a prestigious achievement and helps to further the company’s commitment to social responsibility and Empowering WELLth for Humankind®. “We believe that everyone deserves an equal shot at a healthy, joyful life. As a certified B Corp, we are committed to Social Health Empowerment® and health equity. We are passionate about making a positive impact on the lives and the communities that we touch. As we continue to grow and evolve as a company, our goal is to deepen our impact and widen our reach, so that we can help more and more people live sustainably healthier lives.‌” About EnvisionWell® Recognizing that everybody is different and every BODY is different, EnvisionWell® delivers technology, health initiatives, products, and services with diversity, inclusion, and equity in mind.‌ As a certified B Corp, accountability, transparency, and purpose play an essential role in driving this philosophy. With every service, technology, and solution they offer, EnvisionWell® looks to build a bridge from the societal conditions that hold people back to more empowered, healthier living. Following the tenets of their proprietary engagement model—Knowledge, Support, Access and Autonomy (or KSAA®), the four foundational elements of Social Health Empowerement®—EnvisionWell® takes a unified, personalized, whole-person approach to assessing and improving health and wellness outcomes. EnvisionWell® is the digital front door to your own personal and professional health and wellness ecosystem. In addition to customized corporate wellness solutions, EnvisionWell® also partners with schools and educational institutions, healthcare providers, and community-based organizations to increase engagement, improve outcomes, and advance a stronger and healthier future for all. 360° Well-Being® The EnvisionWell® app offers a personalized health profile in one centralized location that fits in the palm of your hand. In 30 seconds, using just the camera in their phone, users receive contactless vitals such as blood pressure, heart attack risk, stress index, and more. They can easily track their workouts, water intake, and food to help them better understand their progress and areas for improvement. They can also join challenges, read relevant articles, listen to podcasts and other edutainment, and join discussion groups across all 10 Pillars of 360° Well-Being®. The EnvisionWell® app for consumers is free to download and use as part of the company’s commitment to health equity and Social Health Empowerment®. Congratulations to EnvisionWell® for achieving B Corp certification! Contact Details EnvisionWell® Helena Duzenski +1 844-473-4748 pr@envisionwell.co Company Website https://envisionwell.co/

May 25, 2022 08:00 AM Eastern Daylight Time

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Global Affairs Canada Arranges High Level Meetings for Volatus at CANSEC 2022

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") announces high-level meetings with military attaches from LATAM and Europe during CANSEC 2022. Several visiting delegations, including Lieutenant General Carlos Chávez Cateriano, Chief of Staff for the Peruvian Air Force, have requested meetings with Volatus during Canada’s largest global defence and security event being hosted at the EY Center in Ottawa on June 1-2, 2022. "We are honoured to have Lieutenant General Cateriano visit us at CANSEC as Peru and other sovereign entities look to add high-end military ISR and ISTAR drones to their capabilities" said Glen Lynch, Volatus CEO. "The Global Affairs Canada team has done an outstanding job helping us expand our business globally." During the show, Volatus will showcase a wide range of products including its mobile command vehicles, cargo & resupply drones, packable ISR drones, versatile land and sea ISTAR (Intelligence, Surveillance, Target Acquisition and Reconnaissance) and long-range surveillance drones. In addition, the company will debut its Task Force ISR service—a fully equipped team of Veteran UAV operators deployable globally to provide ISR services in times of crisis or natural disaster. The company will be showcasing products and services at CANSEC 2022 in Booths #801, #1911 and #3036. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

May 25, 2022 07:50 AM Eastern Daylight Time

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Women-Owned Venture Capital Firm from NY Commits $300,000 to Pittsburgh Tech Startups

Chloe Capital

Chloe Capital, a New York based venture capital firm that invests in women-led technology companies, is excited to share the success of Invest In Women x Pittsburgh ( chloecapital.com/pittsburgh ). The accelerator program’s final showcase was held on April 27, 2022 in Pittsburgh, PA in partnership with Ascender, a nonprofit incubator for Pittsburgh’s entrepreneurs, and supported by the Richard King Mellon Foundation. Despite recent progress, in 2021, businesses solely led by women attracted just 2.2% of all capital raised by venture-backed firms in the U.S., while the global venture capital industry had a record shattering year, with a total of $643 Billion in investments made, according to Pitchbook and Crunchbase. “We’re elated to have been a part of this event and to contribute to the growing startup culture in Pittsburgh alongside Chloe Capital and the Richard King Mellon Foundation,” said Nadyli Nuñez, executive director at Ascender. “Every city should have an #InvestInWomen program. Such immense benefit directly to founders in an efficient and effective way. This program is a game-changer for our local entrepreneurs.” Five women entrepreneurs from the Pittsburgh area were chosen to participate in Invest In Women x Pittsburgh. This unique fundraising experience was designed to move capital to women and minority founders in Allegheny and Westmoreland counties. The cohort received the opportunity to connect with investors and industry leaders for critical feedback on how to scale their companies. In addition, a select group of Ascender startup members received pitch prep from Nuñez and mentoring from Chloe Capital’s Managing Partner, Elisa Miller-Out. Leading up to the in-person experience, Pittsburgh-based entrepreneurs were invited to participate in virtual workshops to equip them with essential skills and knowledge for growing their businesses. Some topics included DEI recruiting and funding application writing tips for startups. To round out the program, the Pittsburgh community was invited to the Founder Showcase held at the Kelly Strayhorn Theater to celebrate the local entrepreneurial community and hear live pitches. In addition to networking, attendees heard from Ascender member and founder of Sustainible, Talpha Harris; and SaLisa Berrien, trustee and graduate of the University of Pittsburgh, and founder of COI Energy. Berrien shared her experiences on being a Chloe Capital portfolio company after receiving an investment from Chloe Capital following her participation in Diversity in ClimateTech this past fall, a partnership with Cornell University and NYSERDA. At the end of the evening, Chloe Capital announced to the audience a total of $300,000 in investments to three founders creating technology for good: Alison Alvarez of BlastPoint, Holly Adams of GoWell Benefits, and JJ Xu of TalkMeUp. Additional members of the accelerator cohort to join the Chloe family included Lauren Golembiewski of Voxable and Nehal Bhojak of Lumis. “We’re excited to be moving capital to women-led companies in Pittsburgh and contributing to this vibrant, growing tech ecosystem,” added Miller-Out. Invest In Women x Pittsburgh was made possible by the generous support of the Richard King Mellon Foundation and extensive community of investors. Featured investors included Silvia Mah (Stella Impact Capital), Gabriela Isturiz (The Fund XX), Brandon Greer (HubSpot Ventures), Matt Harbaugh (Mountain State Capital), and Lu Zhang (Fusion Fund). “We are excited to support these founders and help them accelerate their ventures through this partnership with Ascender and Chloe Capital,” said Sam Reiman, director of the Richard King Mellon Foundation. “From using AI in customer intelligence and workforce training to disrupting the insurance tech industry, we’re optimistic about the entrepreneurial future for women in our region.” About Chloe Capital Chloe Capital is a venture capital firm that invests in women-led technology companies. In addition to investing with a gender and diversity lens, Chloe Capital partners with universities, foundations and corporations to host programs that help catalyze fundraising efforts for underrepresented founders. This collaborative approach to early stage investing has resulted in millions raised. Today, More than 20,000 people around the world have joined Chloe Capital’s Movement to #InvestInWomen. ChloeCapital.com About Ascender About Ascender: Ascender, a 501(c)3 and vibrant community of innovators located in East Liberty, helps entrepreneurs start and build their companies by offering educational programming, mentorship, expert coaching, incubation, and a collaborative coworking space. Annually Ascender touches 500 entrepreneurs across many industries and works with both venture track and small businesses. Ascenderpgh.com About the Richard King Mellon Foundation Founded in 1947, the Richard King Mellon Foundation is the largest foundation in Southwestern Pennsylvania, and one of the 50 largest in the world. The Foundation’s 2020 year-end endowment was $3.1 billion, and its Trustees in 2021 disbursed $152 million in grants and Program Related Investments. The Foundation launched a new ten-year Strategic plan in 2021, focusing funding on six primary program areas: conservation, economic development, economic mobility, health and well-being, organizational effectiveness, and social-impact investing. RKMF.org Contact Details Chloe Capital Elisa Miller-Out info@chloecapital.com Company Website https://chloecapital.com/

May 24, 2022 11:00 AM Eastern Daylight Time

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ForeverLawn Receives 2022 Canton Business Excellence Award

ForeverLawn

ForeverLawn has been awarded the 2022 Canton Business Excellence Award, a prestigious honor recognizing their longevity, growth, innovation, and consistent contributions to the Stark County community. ForeverLawn was nominated for the award by community member John Davide, Vice President of Northeast Ohio Business Banking at Huntington National Bank. All seven recipients of the 2022 Canton Business Excellence Award were selected by a committee of chamber members led by Taylor D. Schauer. “ForeverLawn is honored to be a recipient of the 2022 Canton Business Excellence Award,” says Co-Founder Brian Karmie. “We are proud to call Stark County home and to have contributed to recent improvements in the city of Canton and surrounding communities. At ForeverLawn, we focus on being and creating people of impact; receiving a prestigious award like this is affirmation our efforts are positively affecting the people around us.” The Canton Business Excellence Award was started in 1993 as a way of recognizing companies contributing to the Stark County community and economy. ForeverLawn was chosen for this award based on their industry innovations, consistent growth peaking at 36% in 2021, long-standing partnerships with local causes including the Lake YMCA, and their involvement in community-oriented projects such as Centennial Plaza and the Hall of Fame Village. Established as the brand of choice for synthetic grass solutions, ForeverLawn is trusted by multiple world-class organizations—such as Walt Disney World ®, Google, and ESPN ® —in transforming a diverse range of applications through innovative products and superlative service. Specifically designed with long-lasting, superior quality in mind, ForeverLawn products withstand extreme temperatures, high-traffic, and other intense conditions while maintaining a beautiful, realistic aesthetic. All 2022 Award recipients were honored at the Business Excellence Awards dinner on Thursday, May 19, at the Doubletree by Hilton Canton Downtown. To view award recipient feature videos, click here. About ForeverLawn ForeverLawn ® improves spaces and communities through innovative synthetic grass solutions. The premium choice for synthetic surfacing, each product is engineered to solve unique consumer needs and desires while maintaining superior standards and natural aesthetics. Want to be a part of something bigger? Learn how you can be a person of impact through business ownership opportunities with ForeverLawn. For more information, call 866-992-7876, or visit foreverlawn.com. Contact Details ForeverLawn Julia Kontur +1 330-499-8873 julia@foreverlawn.com Company Website https://www.foreverlawn.com/

May 24, 2022 10:27 AM Eastern Daylight Time

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Kivvit Wins Five Awards At The American Association Of Political Consultants’ Pollie Awards

Kivvit

Kivvit won five awards at the American Association of Political Consultants’ Pollie Awards for its impactful work with the State of New Jersey Department of Health (NJDOH) in creating a COVID-19 public awareness campaign, and its work for the ELM Action Fund Independent Expenditure on an environmental and climate advocacy platform for Boston Mayor Michelle Wu’s mayoral race. The awards come on the heels of Kivvit winning four of the most prestigious awards in North America at PRovoke’s SABRE 2022 award ceremony earlier this month, including Best in Show. Campaigns & Elections also named Kivvit Public Affairs Firm of the Year for the third consecutive year at its Reed Awards, as well as 11 other awards across TV (English and Spanish language), online video, use of AR, and more. There were over 1,100 entries and over 200 firms competing for Pollie Awards this year, with only 11% of entries earning Gold. Kivvit’s work won the following Pollie Awards across categories: "Bold Plan" for ELM Action Fund Independent Expenditure & Mayor Michelle Wu Gold Award for AAPC North Best Digital Independent Expenditure for Local/Municipal/Mayoral COVID-19 Public Awareness Campaign for NJ Department of Health Gold Award for Best Television Campaign, Public Affairs/Issue Advocacy Division Silver Award for Best in Show, Public Affairs/Issue Advocacy Division Silver Award for Best Radio Campaign, Public Affairs/Issue Advocacy Division Bronze Award for Best Data Analytics Solution Click here to view the full list of the 2022 AAPC Pollie winners. Kivvit’s Chief Brand Strategist, Stephan Miller, was also honored as one of the 40 best and brightest professionals under 40 years old. Candidates were evaluated on their role as a strategic consultant in the industry, along with leadership and professional accomplishments in political consulting. “AAPC is pleased to recognize Stephan Miller as a member of our 2022 class of 40 Under 40 for their outstanding achievements,” said AAPC President Becki Donatelli. “Each year, this award recognizes 40 rising stars in American political consulting who have made a real difference in campaigns.” Click here to view the full list of the 2022 “40 Under 40” winners. Hosted by the only bipartisan, nonprofit organization for political professionals, the Pollie Awards set the standard for excellence in the political communications and public affairs industries. Over 250 judges evaluate entries based on creativity, production value, and effectiveness. About Kivvit Kivvit is one of the largest and fastest-growing independent strategic communications and public affairs firms in the United States, with over 130 professionals across six offices in Boston, Chicago, Miami, New York, New Jersey, and Washington, D.C. Kivvit has earned over 60 awards and recognitions in the past 5 years, including Public Affairs of the Year (Reed Awards), Digital Agency of the Year (PRovoke SABRE North America), Most Innovative Agency (Bulldog Stars of PR Awards), and a Best Agency to Work For (PRovoke). Kivvit also leads O'Dwyer's national rankings of independent communications firms across multiple categories, including #1 for Real Estate Finance & Development, #2 for Energy and Non-Profit, #4 for Purpose and Corporate Social Responsibility. To learn more and see what we do, visit www.Kivvit.com and follow us @TeamKivvit. Contact Details Zach Silber +1 212-929-0669 zsilber@kivvit.com Company Website https://www.kivvit.com/

May 24, 2022 10:10 AM Eastern Daylight Time

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Grassroots Leaders ‘Ready for Ron’ Launch Draft DeSantis for President Committee

Ready for Ron

Today, grassroots leaders and political activists launched an official committee to encourage Florida Governor Ron DeSantis to run for President of the United States. ‘Ready for Ron’, led by senior strategist Ed Rollins – Reagan ’84 Campaign Chairman and Chairman of the leading pro-trump group in 2016, and appellate attorney and conservative activist Lilian Rodríguez-Baz, started a petition for DeSantis supporters to sign demonstrating the growing support for his candidacy nationwide. The online petition located at: ReadyForRon.com provides information about the Committee and encourages supporters to get involved with the movement to draft DeSantis for President. “Under President Donald Trump’s leadership, the United States enjoyed record unemployment, economic stability, and safety. Many are yearning for a return to these policies and the prosperity good leadership can bring,” stated Ed Rollins. “The era of President Trump was wonderful, but now, since he isn’t currently running, we must get ready for a new leader, we must be Ready for Ron. “We are undertaking a comprehensive campaign to draft Governor DeSantis to run for President of the United States,” explained Rodríguez-Baz. “We need his proven leadership to bring safety and prosperity back. With the current political and economic, crises, the American values that provided the courage for my mother and four-year-old me to get on a boat that we didn’t even know was seaworthy, are eroding. We risked everything to make it to the United States and refuse to see our country fail.” In addition to the draft petition, the ‘Ready for Ron’ campaign announced a significant advertising effort to attract more supporters to encourage Governor DeSantis to announce his candidacy. “We are hoping to build one of the biggest grassroots movements ever, Rodríguez-Baz continued. “The radical left is risking our future. We must change course immediately. While with the economy, inflation, crime, and erosion parental rights and the American way of life, we need confident, dependable, and proven leadership like only Ron DeSantis can deliver.” ‘Ready for Ron” has registered with the Federal Election Commission (FEC), whose regulations provide that “…a draft committee is a political committee that is established solely to draft an individual or to encourage him or her to become a candidate for federal office…” While ‘Ready for Ron’ is completely unaffiliated with the DeSantis campaign per federal regulations, it has taken the novel step of submitting a formal Advisory Opinion Request to the FEC seeking to share its supporter list with Governor DeSantis if the Draft succeeds and he announces his candidacy. “We hope the FEC will not stand in the way of political speech and freedom of association. Millions of Americans want Ron DeSantis to run. Signing their names to this draft petition is the ultimate act of political speech, and we should be able to give those names to the Governor if – and when – he heeds their call and runs.” Rodríguez-Baz said. “In the meantime, we remain completely unconnected entity dedicated to encouraging his candidacy. American needs his leadership now more than ever." ### Contact Details Ready for Ron Dan Rene +1 202-329-8357 dan@readyforron.com Company Website https://www.readyforron.com/

May 24, 2022 10:00 AM Eastern Daylight Time

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Proteus Ocean Group Ltd. Engages DRASS Group To Build PROTEUS™, the International Space Station of the Ocean

PROTEUS

Proteus Ocean Group Ltd., the social enterprise building and operating PROTEUS™, the world's most advanced underwater research station, has selected Italy-based engineering firm DRASS Group as its Engineering Procurement Construction (EPC) partner. DRASS Group is a world leader in subsea and hyperbaric technologies and will partner and consult on the design, construction, and onsite installation of PROTEUS™. "From Fabien Cousteau’s lifelong commitment to the understanding, appreciation, and protection of our oceans and Drass Group’s rich history of reliable subsea technology, this partnership brings over 200 years of legacy and experience to create what will be the future of ocean conservation and exploration," said Lisa Marrocchino, CEO at Proteus Ocean Group Ltd. "We look forward to seeing how DRASS Group blends its expertise with our vision to deliver a global collaborative platform capable of aiding in the advancement of research, development, and solutions addressing some of the world’s largest challenges." The partnership marks the first time in its history that DRASS Group has partnered with and invested in a project, signing a memorandum of understanding (MOU) with Proteus Ocean Group Ltd., providing the company with equity compensation in place of the standard profit margin. As part of its agreement, DRASS Group will be committing their top engineers to design, develop, and construct PROTEUS™. “This partnership is a historic milestone in over a century of business for DRASS Group. We've been captivated by the PROTEUS™ team's vision for subsea research and the use of technology as a tool to safeguard our oceans and unlock its immense potential," said Sergio Cappelletti, Managing Director of DRASS Group. "We're confident in this mission and have chosen to invest directly in PROTEUS™ as we progress toward a sustainable interaction between mankind and the ocean." PROTEUS™ will feature state-of-the-art research labs for onsite experimentation, full-scale video production facility for media and continuous live stream educational programming, and a moon pool to provide researchers with seamless access to the ocean. It will also include the first underwater greenhouse and social areas, workspaces, and sleeping quarters for up to 20+ occupants. “Inspired by the work of the explorers and builders before us, PROTEUS™ will play a vital role in the conservation and understanding of our oceans, furthering ocean science, enabling exploration and establishing the human ocean connection needed to inspire future generations to protect humanity’s source of life,” commented Fabien Cousteau, Founder, Executive and Board Member at Proteus Ocean Group Ltd. “We are thrilled to partner with the DRASS Group team, who are equally invested in the future of the ocean and move another step closer to seeing our vision for PROTEUS™ come to life.” Located in richly biodiverse marine-protected water off the coast of Curaçao, PROTEUS™ aims to enable researchers, academics, government and private industries, media, and private aquanauts to spend more time at-depth, and leverage storytelling, immersive experiences, adventure, and education to bring ocean science to life for global audiences. Proteus Ocean Group is currently working alongside DRASS Group to outline the project's scope, deliverables, and schedule, to align on Founder, Board Member and aquanaut, Fabien Cousteau's final vision for the final design slated to be unveiled later this year. The installation of PROTEUS™ is anticipated to begin in 2025. About PROTEUS™ Proteus Ocean Group Ltd. is developing PROTEUS™, the world's most advanced underwater station, built to enable research seeking to address the most pressing issues the Earth faces. The multi-purpose marine platform will feature an onsite observatory, state-of-the-art research lab and habitat to facilitate life and work at depth. Accessible to academia, government, private industry, media and visitors, PROTEUS™ will also be essential to education and the advancement of marine research and development to drive disruptive scientific breakthroughs across areas including medicine, genetics, sustainable energy and food cultivation. For additional information visit: https://www.proteusoceangroup.com. About DRASS Group Drass is a historic Italian company excelling in the high-tech diving and hyperbaric sector, providing specialized solutions and products in the military, industrial and medical fields. Combining solid experience and a continuous drive for innovation, it is active with recognized leadership in a highly competitive international market. There are 200 highly specialized professionals working in the offices in Rome, Livorno, Dubai and Timisoara (Romania) locations. For additional information visit: https://www.drass.tech. Contact Details Kite Hill PR Patrice Gamble +1 918-845-2359 patrice@kitehillpr.com Company Website https://www.proteusoceangroup.com/

May 24, 2022 08:00 AM Eastern Daylight Time

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Volatus Aerospace to showcase leading Tactical ISTAR Drone at CANSEC as part of its Strategic Partnership with Aerovel

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") is pleased to announce a strategic partnership with Aerovel, manufacturer of the Flexrotor. The Russian invasion of Ukraine prompted Volatus to seek an industry-leading UAV solution with exceptional military accuracy, intelligence, surveillance, target acquisition, and reconnaissance ("ISTAR") capabilities. "We have been supplying small ISR drones to Ukrainian forces, and our team is in regular contact with Ukrainian defenders on the frontline. Aerorozvidka leadership tell us that the small drones are becoming less effective because of their low altitude and short endurance combined with Russian jamming. Lt. Col. Yaroslav Honchar shared that Russian forces have dug in and are indiscriminately bombarding Ukraine's civilian populations from concealed places, with no regard for the death and destruction inflicted on non-military targets. Ukraine needs dynamic situational awareness and accurate targeting," said Glen Lynch, Volatus CEO. "The Aerovel Flexrotor is capable of altitudes of up to 6.5 km, airspeeds of up to 170 kph and staying aloft for up to 30 hours, making it the ideal solution. We look forward to broadening our relationship with Aerovel as we work to supply Ukraine with the capabilities they need to protect civilian populations targetted by Russia.” Volatus will showcase the Flexrotor at CANSEC 2022, Canada's largest global defence and security trade show. The company has indoor (#801 and #1911) and outdoor (#3036) booths. Ali Dian, Aerovel CEO, stated: "We are hopeful that we can support Ukraine and its courageous defence fighters. Volatus and Aerovel have a shared vision of the enormous market potential for the Flexrotor as global defence ministries realize how critical it is to have these UAV-enabled ISR and ISTAR capabilities. Our relationship with Volatus also provides the capability to expand our manufacturing to Canada. We’re looking forward to standing together at CANSEC 2022.” About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

May 24, 2022 07:45 AM Eastern Daylight Time

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