Facedrive Launches ‘Foods’ Delivery Platform for Safe Community Cohesion in the COVID-19 Pandemic

TORONTO–(BUSINESS WIRE)–#FDGivebackFacedrive Inc. (“Facedrive”) (TSXV: FD), the first Canadian peer-to-peer, eco-friendly and socially responsible ride-sharing network, is pleased to announce the launch of Facedrive Foods, an initiative to connect residents and local restaurant businesses during the COVID-19 pandemic.

Facedrive Foods will first launch pilot programs in the Greater Toronto Area, and London, Ontario, in the coming weeks, with subsequent expansion into other regions in which Facedrive is operational in the future.

Facedrive pursues a “people and planet first” business model, and Facedrive Foods adheres to these principles by offering eco-friendly deliveries, with each delivery contributing a portion of the fee towards local tree-planting initiatives to help reduce carbon emissions in the atmosphere. Facedrive partners with municipal authorities and local ‘green’ organizations to ensure compliance with the region’s forestation plans, promote adoption of best practices of tree-planting, and to achieve the best possible survival rates for each tree planting campaign.

Menu options available for delivery through the Facedrive Foods platform will generally be comprised of healthy, nutritious and sustainably sourced meal options offered by like-minded restaurant businesses with consumers’ wellness in mind. With a large portion of Facedrive’s user base consisting of high school, college and university students, Facedrive believes it has a responsibility to adopt a scrupulous approach towards selecting vendors and menu options.

At this time of global pandemic and containment efforts, it is more important than ever to ensure community well-being. Facedrive ensures the highest level of safety for its customers, with drivers undergoing comprehensive training in COVID-19 safety protocols. In addition, all deliveries are contactless by default, as a protection measure for Facedrive’s customers and drivers.

“As part of Facedrive’s ongoing commitment to help the environment and its people, we are excited to announce the launch of Facedrive Foods,” said Chief Operations Officer, Suman Pushparajah. “During these unprecedented times, we want to support our local businesses and, as such, we will be waiving all fees for restaurants during our initial pilot program”.

“While social distancing has proven to be one of the most effective ways to reduce the spread of this outbreak, we want to ensure that people in our community at least have access to good, healthy food that can be safely delivered right to their doorstep,” added Pushparajah.

About Facedrive

Facedrive is a “people-and-planet first” ride-sharing platform, and the first to offer green transportation solutions in this space. Facedrive is committed to doing business fairly, equitably and sustainably, with a firm dedication not only to seamless customer service that offsets CO2 by planting thousands of trees and gives riders a choice between EVs, hybrids and conventional vehicles, but also to its drivers. Facedrive is a community platform designed to become the #1 recognized eco-friendly and socially responsible TaaS platform in any market that it enters. Facedrive is changing the ride-sharing narrative for the better, for everyone.

For more about Facedrive, visit www.facedrive.com.

Facedrive Inc.

100 Consilium Pl, Unit 400, Scarborough, ON, Canada M1H 3E3

www.facedrive.com

Forward-Looking Information

Certain information in this press release contains forward-looking information. This information is based on management’s reasonable assumptions and beliefs in light of the information currently available to us and are made as of the date of this press release. Actual results and the timing of events may differ materially from those anticipated in the forward-looking information as a result of various factors. Information regarding our expectations of future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information. Statements containing forward-looking information are not facts but instead represent management’s expectations, estimates and projections regarding future events or circumstances. Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements.

See “Forward-Looking Information” and “Risk Factors” in the Corporation’s Filing Statement dated August 28, 2019 for a discussion of the uncertainties, risks and assumptions associated with these statements. Readers are urged to consider the uncertainties, risks and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such information. We have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law.

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

Contacts

Media: Sana Srithas | sana@facedrive.com

Sayan Navaratnam

Chief Executive Officer and Director

Tel: 1-888-300-2228

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