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NewAge to Present at the Virtual Fall Investor Summit on November 17, 2020

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NewAge, Inc. (NASDAQ: NBEV), a Colorado-based healthy products company, will participate in the Virtual Fall Investor Summit from November 16-18, 2020. The company's presentation is scheduled for November 17 at 7:30 a.m. MT, with a live webcast available on its website. NewAge is focused on organic product distribution and is set to complete its acquisition of ARIIX, expanding its reach to over 75 countries and a network of 400,000 independent consultants. This strategic move supports its mission to promote healthy living.

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DENVER, Nov. 12, 2020 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based social selling and distribution company, today announced that it will present and meet with investors at the Virtual Fall Investor Summit. The conference is being held November 16-18, 2020, virtually.

The Company is scheduled to present on Tuesday, November 17, 2020 at 7:30 a.m. MT/9:30 a.m. ET. A webcast of the live presentation will be available on the Investors section of the Company’s website at www.newage.com or at https://www.webcaster4.com/Webcast/Page/2038/38387. The webcast will be archived for approximately 30 days.

The presentation to be referenced at the conference will also be available on the Investors section of the Company’s website at www.newage.com.

About NewAge, Inc. (NASDAQ: NBEV)
NewAge is a Colorado-based organic and healthy products company dedicated to inspiring and educating consumers to “Live Healthy.” The Company is an omni-channel distribution company with access to traditional retail, e-commerce, direct-to-consumer, and medical channels across more than 75 countries worldwide when combined with ARIIX. NewAge markets a portfolio of differentiated healthy functional brands in three category platforms including Health & Wellness, Healthy Appearance, and Nutritional Performance. The Company operates the websites newage.com, noninewage.com, and a number of other individual brand websites.

NewAge has announced a transaction with ARIIX LLC. Once the ARIIX transaction is completed, we will be the only omni-channel company with access to traditional retail, e-commerce, direct-to-consumer, and other channels across more than 75 countries worldwide, with a network of over 400,000 exclusive independent product consultants, representatives, and affiliates around the globe. After the transaction closes, NewAge will market a portfolio of better-for-you products along with the companies, ARIIX, ZENNOA, Shannen, MaVie, and Limu in healthy hydration and wellness, healthy appearance, and nutritional performance platforms. The Company announced NewAge’s entry into a definitive agreement to acquire ARIIX and four other e-commerce/direct selling companies on July 20, 2020. The Company entered into an amended and restated definitive agreement on September 30, 2020. This transaction is anticipated to close by the end of November 2020.

For investor inquiries about NewAge please contact:

NewAge Investor Relations:
Riley Timmer
Vice President, Investor Relations
Tel: 1-801-870-8685
Riley_Timmer@NewAge.com

Investor Relations Counsel:
John Mills/Scott Van Winkle
ICR – Strategic Communications and Advisory
Tel: 1-646-277-1254/1-617-956-6736
newage@icrinc.com

NewAge, Inc.:
Gregory A. Gould
Chief Financial Officer
Tel: 1-303-566-3030
Greg_Gould@NewAge.com

FAQ

When is NewAge's presentation at the Virtual Fall Investor Summit?

NewAge's presentation is scheduled for November 17, 2020, at 7:30 a.m. MT.

Where can I watch NewAge's presentation during the investor summit?

The presentation will be available via a live webcast on NewAge's website.

What is the significance of NewAge's acquisition of ARIIX?

The acquisition will enable NewAge to reach over 75 countries and expand its independent consultant network.

What is NewAge's focus as a company?

NewAge focuses on organic and healthy products, promoting wellness through a diverse portfolio.

When is the expected closing date for NewAge's acquisition of ARIIX?

The acquisition is anticipated to close by the end of November 2020.

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