Alefarm Brewing breaks ground on the Swedish market

Company Announcement no. 7

Alefarm Brewing breaks ground on the Swedish market with orders scheduled for delivery in February and March 2021

Alefarm Brewing A/S ("ALEFRM" or "the Company") is a family-run craft brewery with a focus on brewing high-quality craft beer for consumers and distributors worldwide. Today, the Company is announcing that it has successfully broke ground on the Swedish market with shipments of beer scheduled for delivery in February and March 2021.

In February 2021, freshly packaged 440 ml cans of Monolith and Mornings on Mission Bay will be delivered to Systembolaget and made available for sale on March 1, 2021 through the TSLS assortment containing locally produced beers. Monolith is a flagship DIPA from Alefarm Brewing featuring Citra, Ekuanot and Mosaic BBC hops. Mornings on Mission Bay is a modern take on the American IPA style showcasing Chinook BBC, Mosaic BBC and Simcoe hops.

In March 2021, freshly packaged 440 ml cans of Saturated will be delivered to Systembolaget and made available for sale in April 2021 through the nationwide TSE assortment. Saturated is a flagship IPA based on a rotating selection of hops and with iconic artwork featured on the label.

By breaking ground on the Swedish market, Alefarm Brewing is delivering on the promise of expanding its operations in the Swedish market as described in the Company Description published in relation to the IPO of the Company in November 2020.

Kasper Tidemann, Founder and CEO, gives the following statement in this regard:

"Breaking ground on the Swedish market is a monumental achievement for us. The Swedish market is highly interesting for us to take on because of a high consumer demand for modern interpretations of especially IPAs and DIPAs, two beer styles that we excel at producing. By introducing our beers in Sweden, we deliver on the promise we made to investors prior to making Alefarm Brewing publicly available on Nasdaq First North Growth Market Denmark. All in all, this is a development that I am truly proud of."

Additional information

For questions pertaining to the introduction of beers to the Swedish market, the Founder and CEO of Alefarm Brewing, Kasper Tidemann, can be contacted via e-mail sent to kt@alefarm.dk. Appointed Certified Adviser of the Company is Norden CEF and John Norden, who can be contacted via e-mail sent to jn@nordencef.dk or by phone via +45 20720200.