Vancouver, British Columbia, June 2, 2022 – Naturally Splendid Enterprises Ltd. (“Naturally Splendid” or “NSE” or the “Company” ) (FRANKFURT:50N) (TSX-V:NSP) (OTC:NSPDF), the Company is pleased to announce another shipping container of Plantein Plant-Based Foods has been ordered and is being shipped to the Company’s facility in Pitt Meadows, British Columbia.

This most recent order addresses the positive response the Company received during the Canadian Health Food Association (CHFA) trade show on April 23 and April 24, and the Grocery & Specialty Food West (GSFW) trade show on April 25 and April 26. This latest shipment left the Ports in Australia on May 31, 2022 and is scheduled to arrive in approximately four (4) weeks.

Naturally Splendid VP of Operations Bryan Carson reports, “The trade shows that we
presented recently at was the first opportunity to sample our plant-based entrees in a trade show environment since the beginning of the pandemic. And as we expected, the response to our plant-based entrees’ taste and consumer experience has been extremely positive. We are now in the process of converting that interest into clients, and this latest shipment from Australia will provide the inventory levels required to serve anticipated demand. We look forward to providing updates as both retail and food service business grows.”

About Naturally Splendid Enterprises Ltd.

Naturally Splendid is a plant-based food manufacturing and technology company that produces and distributes nutritious and delicious plant-based commodity products.

Founded in 2010, the Company operates a Safe Quality Food Level 2 certified food manufacturing facility located just outside Vancouver, BC in Canada, focusing on producing an extensive range of plant-based entrees.

Naturally Splendid has an exclusive 10-year manufacturing and distribution agreement for Canada with a division of Australia’s largest plant-based food manufacturer, Flexitarian
Foods Pty. Ltd.

In addition to producing the Company’s own branded products, Naturally Splendid provides contract manufacturing services and private labeling for a variety of nutritional plant-based food products destined for multiple distribution channels.

The Company has established healthy, functional foods under brands such as Natera Sport, Natera Hemp Foods, CHII, Elevate Me and Woods Wild Bar. The Company launched Natera Plant Based Foods, a line of delicious plant-based meat alternatives for the rapidly growing plant-based market segment.

Naturally Splendid maintains a relationship Plasm Pharmaceutical, a company that has been approved for conducting a phase 2 clinical trial approved by Health Canada for the treatment of COVID-19.   NSE has also developed proprietary technologies for the extraction of healthy omega 3 and 6 oils, as well as a protein concentrate from hemp.

On Behalf of the Board of Directors

Mr. J. Craig Goodwin

President, Director

Contact Information

Naturally Splendid Enterprises Ltd.

(NSP – TSX Venture; NSPDF – OTCQB; 50N Frankfurt)

#108-19100 Airport Way

Pitt Meadows, BC, V3Y 0E2

Office: (604) 570-0902

Fax: (604) 465-1128

Forward-Looking Statements

Information set forth in this news release
contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Naturally Splendid cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Naturally Splendid’s control including, Naturally Splendid’s ability to compete with large food and beverage companies; sales of any potential products developed will be profitable; sales of shelled hemp seed will continue at existing rates or increase; customers will complete on sales contracts; and the risk that any of the potential applications may not receive all required regulatory or legal approval. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations
expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Naturally Splendid undertakes no obligation to publicly update or revise forward-looking information.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.