Happy Gut Brands Announces Appointment of Nima Bahrami, CEO of Dairy Alternative Company bettermoo(d), to Board of Directors

NEWS RELEASE

 Happy Gut Brands Announces Appointment of Nima Bahrami,CEO of Dairy Alternative Company bettermoo(d), to Board of Directors

Vancouver,British Columbia, Canada – May 18, 2022 – HappyGut Brands Limited (CSE: HAPY), (OTCQB: HPYGF), (Frankfurt: OI5,WKN: A2QK6P) (the “Company”or “Happy”), formerly known asHappy Supplements Inc., aninnovative beverage company focused on delivering high quality beverages throughboth online and local market retailers,announces that Mr. Stephen Horgan has electedto resign as a director of the Company effective immediately. As a successor toMr. Horgan, the Company is pleased to announce the immediate appointment of Mr.Nima Bahrami to the Company’s board of directors. The Company would like tothank Mr. Horgan for his contribution and wish him well in his futureendeavors.

Nima Bahrami

 Mr. Bahrami is a successful entrepreneur whose professional career hasbeen focused in the areas of natural health, and finance. He has geared much ofhis professional career to focus on business development and strategicplanning, and the successful integration of health and wellness product lineswith publicly traded companies. In his roles Mr. Bahrami has deliveredsubstantial strategic and operational progress, delivering value forstakeholders, while developing a distinct and cohesive culture, focused oncustomer care and service.  Mr. Bahrami holds an MBA from CardiffUniversity.

 Mr. Bahrami is also a Director for Blender Bites Limited anaward-winning Canadian publicly traded plant-based functional food company, aswell as the CEO of bettermoo(d) Holdings Corp. ("bettermoo(d)"),Happy Gut Brand’s wholly-owned vegan dairy alternative company.

 Nima has led all business development and operational aspects ofbettermoo(d), and his success will be value-added to the implementation andexecution of Happy’s strategic business plan and future growth.

 “As CEO of our most successful subsidiary bettermoo(d), Nima hasdemonstrated impressive business acumen and professionalism.  Under his stewardship, bettermoo(d) hasgarnered significant brand awareness, incorporated applauded technologicaladvancements, and has developed a product that we believe will rival some verywell-known competitors in the vegan and plant-based dairy markets.  Since the bettermoo(d) acquisition, Happy haswitnessed an increase in investor awareness. As bettermoo(d)’s CEO, Nima hasplayed a direct and significant role in this uptake.  We are thrilled to have Nima join the Companyin the official capacity as a board member, and we look forward to mirroringsome of his successes within our parent company,” stated Steven Pear, HappyGut Brands’ CEO.

 ABOUT HAPPY GUT BRANDS LIMITED

 Happy Gut Brands is an innovative beverage company focused on deliveringhigh quality beverages, both online and through local market retailers. HappySupplements utilizes social media to deliver educational experiences with theircustomer base while demonstrating their innovative beverage technology.

ON BEHALF OF THE BOARD OF DIRECTORS

Steve Pear
Chief ExecutiveOfficer and Director
Happy GutBrands Limited

For furtherinformation please contact:
‍investors@happygutbrands.com
www.happygutbrands.com
Phone: 1-855-715-1865

The CSE does not acceptresponsibility for the adequacy or accuracy of this release.

_{This newsrelease may contain certain forward looking statements and forward lookinginformation (collectively, “Forward-Looking Statements”) within the meaning ofthe applicable Canadian and U.S. securities laws, including the United StatesPrivate Securities Litigation Reform Act of 1995. All statements, other thanstatements of historical fact, included herein including, without limitation,statements with respect to the Company’s future growth and successfulimplementation of strategic plans, resulting from the appointment of newdirectors, are forward-looking statements. When or if used in this newsrelease, the words “anticipate”, “believe”, “estimate”, “expect”, “target,“plan”, “forecast”, “may”, “schedule” and similar words or expressions identifyforward-looking statements or information. Such statements represent theCompany's current views with respect to future events and are necessarily basedupon a number of assumptions and estimates that, while considered reasonable bythe Company, are inherently subject to significant business, economic,competitive, political and social risks, contingencies and uncertainties. Manyfactors, both known and unknown, could cause results, performance, orachievements to be materially different from the results, performance orachievements that are or may be expressed or implied by such forward-lookingstatements. The Company does not intend, and does not assume any obligation, toupdate these forward-looking statements or information to reflect changes inassumptions or changes in circumstances or any other events affecting suchstatements and information other than as required by applicable laws, rules andregulations.}

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