Vintage Wine Estates marks eight years and one million meals donated through its Angels Share campaign to fight food insecurity

Rhea-AI Summary

Vintage Wine Estates (NASDAQ: VWE) has reached a significant milestone with its Angels Share campaign, donating over one million meals to combat food insecurity in the U.S. Since its inception eight years ago, the initiative has partnered with the Redwood Empire Food Bank and various other organizations across states like Colorado and Maryland. In a recent event, the company packed 3,000 food boxes for local distribution, continuing its commitment to support communities during challenging times.

Positive

• One million meals donated through Angels Share campaign.
• Annual packing of food boxes for communities in need.
• Increased brand visibility and goodwill from community support.

Negative

• None.

SANTA ROSA, Calif., Dec. 23, 2021 /PRNewswire/ -- Vintage Wine Estates, Inc. (NASDAQ: VWE) (TSX: VWE.U) (TSX: VWE.WT.U) ("VWE" or the "Company"), one of the fastest-growing wine producers in the U.S. with an industry leading direct-to-customer platform announced a milestone of one million meals donated by its Angels Share campaign to fight food insecurity.

Angels Share, Vintage Wine Estates' campaign to help end food insecurity, celebrates one million meals served.

Angels Share is the small portion of wine in the barrel that is lost to evaporation—winemakers like to call it a donation to the angels. Eight years ago, Vintage Wine Estates (VWE) created a campaign, called Angels Share, to support neighbors in need with holiday boxes of healthy food. Ever since, in partnership with the Redwood Empire Food Bank, employees have gathered in lieu of a holiday party to pack food—using the production line and boxes typically used for wine.

"With a virtual event last year, we regrouped in 2021 under Covid-safe protocols to once again have an in-person packing event at our Santa Rosa warehouse," explained Katy Long, VWE Director of Angels Share. "With a smaller crew we still managed to pack 3,000 boxes in well under three hours and sent them off in our trucks to our neighbor, Redwood Empire Food Bank (REFB), for distribution this holiday season."

Since its inception, Angels Share has provided over one million meals—not only to REFB, which serves California communities from the Oregon border to the North Bay, but to nine other food banks in Colorado, Maryland, Alabama, South Carolina, Vermont, and Massachusetts. Food insecurity is a national challenge and with the support of Angels Share and VWE's nationwide network of distributors, retailers and restaurants, the food needs of seniors, families and those in need, especially in these challenging pandemic times, will be met.

VWE also lends a hand to REFB throughout the year in the form of thousands of gently used wine boxes, upcycled and donated to pack food.

"We are grateful to VWE for its leadership and ongoing hands-on commitment to help stop hunger in our community." said Lisa Cannon, Director of Programs for Redwood Empire Food Bank. "Neighbors helping neighbors—that's what it's about."

About Vintage Wine Estates, Inc.
Vintage Wine Estates is a family of wineries and wines whose mission is to produce the finest quality wines and provide incredible customer experiences with wineries throughout Napa, Sonoma, California's Central Coast, Oregon and Washington State. Since its founding 20 years ago, the Company has grown to be the 15^th largest wine producer in the U.S. selling more than two million nine-liter equivalent cases annually. To consistently drive growth, the Company curates, creates, stewards and markets its many brands and services to customers and end consumers via a balanced omni-channel strategy encompassing direct-to-consumer, wholesale and exclusive brand arrangements with national retailers. While VWE is diverse across price points and varietals with over 50 brands ranging from $10 to $150 at retail, its primary focus is on the fastest growing premium segment of the wine industry with the majority of brands selling in the $10 to $20 price range. The Company regularly posts updates and additional information at www.vintagewineestates.com.

For more information:

Mary Ann Vangrin

mvangrin@vintagewineestates.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/vintage-wine-estates-marks-eight-years-and-one-million-meals-donated-through-its-angels-share-campaign-to-fight-food-insecurity-301450629.html

SOURCE Vintage Wine Estates

FAQ

What is the Angels Share campaign by Vintage Wine Estates?

The Angels Share campaign is an initiative by Vintage Wine Estates that donates meals to fight food insecurity, celebrating over one million meals served.

How many meals has Vintage Wine Estates donated through its campaign?

Vintage Wine Estates has donated over one million meals through its Angels Share campaign.

What was the recent event related to the Angels Share campaign?

In December 2021, Vintage Wine Estates packed 3,000 food boxes for distribution to the Redwood Empire Food Bank.

Which states does the Angels Share campaign support?

The campaign supports food banks in several states including California, Colorado, Maryland, Alabama, South Carolina, Vermont, and Massachusetts.

When was the Angels Share campaign initiated?

The Angels Share campaign was initiated eight years ago.