Eve & Co Announces Director and Management Changes

Ontario, Sept. 30, 2021 – PRESS RELEASE –
Eve & Co Inc. announced that
Jeannette VanderMarel has joined its board of directors.

early entrepreneur in the cannabis industry, VanderMarel was the co-founder and
president of Good & Green, a cannabis company committed to setting a new
standard for product quality and reliability as well as corporate social
responsibility. Previously, VanderMarel co-founded The Green Organic Dutchman,
one of Canada’s early Health Canada licensed producers of medical cannabis. Inspired
by her personal experience, including her career as a critical care and
pediatric intensive care nurse as well as her daughter’s battle with Dravet syndrome,
VanderMarel has a strong passion for and commitment to the cannabis industry,
recognizing the opportunity cannabis presents to improve patients’ lives,
combat the growing reliance on opioids, and improve wellness and health by
offering new and innovative treatment alternatives. VanderMarel was a registered
nurse and a Certified Nurse in Critical Care – Pediatrics and previously served
as chair of the Family Advisory Council at McMaster Children’s Hospital and was
the co-founder and inaugural chair of the Ontario Lavender Association.

replaces Yasir Naqvi on the board of directors. Naqvi resigned as a result of
his election as a member of Parliament for Ottawa Centre in the recent federal

Eve & Co Board has also appointed Kim Arnel as interim chief financial officer
to replace Rory Taylor. Arnel previously served as the company’s controller and
has almost 20 years of experience in senior financial roles in the agricultural
and greenhouse industries.

Eve & Co also welcomes David Hackett as financial consultant to the company.
Hackett brings over 25 years of public company experience recently with 48North
Cannabis Corp., a vertically integrated Canadian cannabis company where he
successfully assisted in its go-public transaction, financings of $64 million,
a number of acquisitions and annualized revenue growth from zero to $30
million in three years. He has overseen the growth of a number of start-up
companies, including dealing with operations, technology, regulatory reporting
in Canada and the U.S., corporate governance, public financing
in Canada and the U.S. and M&A activity. David is a CPA and CA
and holds an MBA from the Richard Ivey School of Business at Western

board of directors thanks Naqvi and Taylor for their valuable contributions to
the company. “We wish Yasir all the best in his newly elected role of member of
Parliament and representative of Ottawa Central. We also would like to thank
Rory for his contributions as interim CFO,” said Melinda Rombouts, CEO and
Director of Eve & Co.

appointment of each of VanderMarel and Arnel is subject to approval of the TSX
Venture Exchange.