Beyond Oil Expands to Greece with New Distribution Agreement

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Agreement with Global Foods Marks Company’s Initial Entry into Greek Market with Plans to Expand Collaboration in the Future

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VANCOUVER, BC and KIBBUTZ YIFAT, Israel, May 02, 2025 (GLOBE NEWSWIRE) — Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) (“Beyond Oil” or the “Company“), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability, is pleased to announce that it has signed a distribution agreement (the “Agreement“) with GLOBAL FOODS M EPE. (“Global Foods” or the “Distributor“). Global Foods is a food service distributor specializing in catering mass dining companies and delicatessen for with a track record of over ten years across Greece.

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Under the terms of the Agreement, which was signed on May 2, 2025, Global Foods will market, distribute, and sell Beyond Oil’s proprietary oil filtration solution to restaurants, hotels, catering companies, and food service providers across Greece. The initial six-month Agreement includes provisions for extension and potential growth, laying the groundwork for what both companies anticipate will be a long-term strategic partnership.

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Jonathan Or, CEO of Beyond Oil, commented: “Our entry into the Greek market represents another important milestone in our European expansion strategy. Greece has a rich culinary tradition and vibrant restaurant industry, making it an ideal market for our oil filtration technology. Global Foods, with their nationwide distribution network and more than a decade of experience in the food service industry, is the perfect partner to introduce our product to this market. This Agreement aligns with our vision to make healthier, more sustainable frying practices accessible globally, while providing significant cost benefits to food service operators.”

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Athanasios Tsatsis, CEO of Global Foods added: “We are excited to introduce Beyond Oil’s product to the Greek market. As a company dedicated to discovering authentic, high-quality products from around the world, we recognize the immense value this solution brings to the food service industry – enhancing food quality and safety while delivering substantial operational savings. Our commitment to innovation and sustainability strongly aligns with Beyond Oil’s mission, and we look forward to building a strong presence for this product across Greece through our nationwide distribution network.”

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As part of the Agreement, Beyond Oil will provide product training and implementation services to Global Foods’ team, enabling them to effectively introduce the Beyond Oil product to restaurants, hotels, and catering services throughout Greece.

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The Agreement reflects Beyond Oil’s continued execution of its global growth strategy, with Greece joining a growing list of European countries where the Company has established distribution partnerships in recent months.