Nexe Innovations Inc (NEXNF)

[Rocinante]

NEXE Innovations Breaks New Ground with First Delivery of BPI Compostable Coffee Pods to U.S. Customer
Launching a new era of sustainable coffee consumption as part of a partnership with Awaken Brands Ventures Ltd. targeting the U.S. Office Coffee Services Market
Vancouver, B.C.- August 2, 2023 - NEXE Innovations Inc. ("NEXE" or the "Company") (TSX.V: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, proudly announces its first delivery of its BPI certified compostable, single-serve coffee pods to Awaken Brands Ventures Ltd. The delivery marks a significant step in NEXE’s drive to disrupt coffee consumption with a more sustainable option. Compostable pods account for a small piece of the 80+ billion total pods market, which is expected to grow by over 33% by 2028. NEXE believes it is competitively positioned to capture market share of the large and growing global pod market.