RYU Apparel Announces Grant of Stock Options

Vancouver, British Columbia--(Newsfile Corp. - March 24, 2021) - RYU Apparel Inc. (TSXV: RYU) (OTC: RYPPF) ("RYU" or the "Company"), creator of urban athletic apparel, has granted 19,267,506 stock options to: one officer, two directors, twelve employees, twenty consultants, and two charities (collectively, the "Optionees"), pursuant to its Stock Option Plan, at an exercise price of $0.12 per common share. Each stock option granted to the Optionees is exercisable for a period of three years and vest immediately.

For regular updates on RYU Apparel visit: http://ryu.com

About RYU Apparel

RYU Apparel (TSXV: RYU) (OTC: RYPPF) (FSE: RYAA), or Respect Your Universe, is an award winning urban athletic apparel and accessories brand engineered for the fitness, performance and lifestyle of the athletic man and woman. Designed without compromise for fit, comfort, and durability, RYU exists to facilitate optimal human performance. For more information, please visit the RYU website at: http://ryu.com

On Behalf of the Board

RYU APPAREL INC.

Cesare Fazari
Chairman & Chief Executive Officer
+1 (604) 235-2880

Investor Relations

Anna Brazier
+1 (844) 535-2880
[email protected]
www.ryu.com

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/78424

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