FLOW Overview

Partnership Announcement: Flow Beverage Corp. has become the Official Partner of Inter Miami CF, providing Flow Mineral Spring Water at Chase Stadium during the 2025 Major League Soccer season to enhance fan experience.

Company Background: Flow is a rapidly growing North American water company focused on sustainability, offering a range of health-oriented beverage products and holding B-Corp Certification.

Flow Beverage Corp. Partnership: Flow Beverage Corp. has become the Official Partner of Inter Miami CF, providing Flow Mineral Spring Water at Chase Stadium during the 2025 Major League Soccer season to enhance the fan experience.

Company Background: Flow is a rapidly growing premium water company focused on sustainability and wellness, offering a range of mineral spring water products that are available in Canada and the U.S.

Strategic Partnership: Flow Beverage Corp. has entered a Strategic Advisory Agreement with former MLB player José Bautista, who will assist in brand and marketing strategies while also investing in the company.

Private Placement Update: The company closed the second tranche of its non-brokered private placement, raising CDN$433,820 through the issuance of convertible debenture units, with plans to raise up to CDN$7 million in total.

Financial Performance and Transformation: Flow Beverage Corp. reported significant improvements in financial performance for Q4 2024, including a 22% increase in consolidated net revenue driven by co-packing services, despite a decrease in Flow brand net revenue due to exiting unprofitable partnerships. The company aims for FY 2025 targets of $72-$82 million in net revenue and improved gross margins.

Operational Updates and Challenges: The company has undergone an operational transformation over the past five quarters, consolidating production and enhancing efficiency at its Aurora facility, although it faced challenges in achieving production goals. Adjusted EBITDA loss was reduced to $2.6 million in Q4 2024 from $10.5 million in Q4 2023, reflecting ongoing efforts to streamline operations and reduce costs.

Financial Results Announcement: Flow Beverage Corp. will release its financial results for the fiscal quarter and year ending October 31, 2024, on January 29, 2025, followed by a conference call on January 30, 2025, to discuss these results.

Company Overview: Flow is a rapidly growing premium water company focused on sustainability, offering a range of health-oriented beverages and holding a B-Corp certification with a strong commitment to reducing environmental impact.

Private Placement Announcement: Flow Beverage Corp. has closed the first tranche of a non-brokered private placement, issuing 172.992 unsecured convertible debenture units for gross proceeds of CDN$1.73 million, with plans to raise up to CDN$7 million in total through additional tranches.

Convertible Debentures Details: The issued convertible debentures have a 12% interest rate, mature in three years, and can be converted into subordinate voting shares at a price of $0.41, with provisions for mandatory conversion and redemption under certain conditions.