The Valens Company (VLNS) Appoints Aida Moudachirou-Rebois to its Board

The Valens Company Inc. (Nasdaq: VLNS) today announced that Ms. Aïda Moudachirou-Rébois, Senior Vice President and Global Chief Marketing Officer at MAC Cosmetics, intends to stand for election to its Board of Directors (the "Board") at the Annual General Meeting of Shareholders of The Valens Company to be held on August 2, 2022 (the "Meeting").

Ms. Moudachirou-Rébois has extensive experience leading and developing global brands at major multinational corporations, where she has proven adept at building and sustaining both revenue and profit growth through innovation, new product categories, and defining consumer experiences. The nomination came as Valens continues to strengthen its corporate governance policies to support its growth, including separating the Chair and CEO roles and appointing an independent Board Chair, maintaining a majority independent Board, and combining fresh perspectives, expertise, and capabilities that reflect the continued progression of the business. Furthermore, if all nominees are elected, the Board will consist of seven directors, two of whom are female, one of whom is racially diverse and one of whom self-identifies as LGBTQIA+.

Tyler Robson, Chief Executive Officer of The Valens Company, said "We couldn't be more delighted to put forward Ms. Moudachirou-Rébois as a director nominee for our Board of Directors. Her deep brand-building expertise, along with her product development and innovation experience align with the Company's most critical priorities today. Ms. Moudachirou-Rébois' perspective and contributions will help us to strengthen and diversify the skillset of our incumbent Board and deliver value for all stakeholders. We are confident that Ms. Moudachirou-Rébois will play an important role in supporting our strategies as we progress through our next phase of growth and continue our evolution into a leading global manufacturer of branded cannabis products."

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