Goodfood has named Najib Maalouf as president and chief operating officer, effective immediately.

Goodfood Market Corp. ("Goodfood" or the "Company") (TSX: FOOD), a leading Canadian online meal solutions provider, today announced the appointment of Najib Maalouf as President and Chief Operating Officer, effective immediately. In this role, Mr. Maalouf will oversee the execution of the Company's strategy, with a focus on resetting the company's operations, products, and customer journey, as well as streamlining its organization.

Mr. Maalouf is a seasoned executive with extensive experience leading global manufacturing and consumer goods companies. Throughout his career, he has held senior leadership positions focused on operational excellence, supply chain management, and performance improvement within large organizations. Mr. Maalouf holds a bachelor's and a master's degree in electrical engineering from the Georgia Institute of Technology in Atlanta, Georgia, and a Master of Business Administration (MBA) from the Booth School of Business at the University of Chicago.

"I am honored to join Goodfood and grateful for the opportunity to work alongside such a talented team," said Najib Maalouf. "Goodfood has built a strong platform that delivers convenience, quality, and value to customers across Canada, and I look forward to contributing to the Company's performance and growth while strengthening our operational capabilities and customer experience," he concluded.

"We are very pleased to welcome Najib to the Goodfood leadership team," said Selim Bassoul, CEO and Chairman of the Board of Goodfood. "Najib has a proven track record of operational leadership and extensive experience managing consumer-facing manufacturing businesses. Most recently, he led a $1 billion global manufacturing company in the premium residential appliance sector, overseeing a portfolio of prestigious brands and complex international operations. His expertise will be instrumental in strengthening our business and instilling operational discipline to create long-term value for our customers and shareholders," Bassoul concluded.

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