New Wave Subsidiary, Way of Will Inc., Receives Purchase Order for Foot & Shoe Deodorant from Fitness Subscription Service Gainz Box

TORONTO, March 18, 2021 /CNW/ – NEW WAVE HOLDINGS CORP. (the “Company” or “New Wave”) (CSE: SPOR) (FWB: 0XM2) (OTCPK: TRMNF) an
investment issuer that provides capital and support services, announced the receipt of a 6,300-unit purchase order for Way of Will’s 42 Foot & Shoe Deodorant from the monthly fitness
subscription service Gainz Box.

Way of Will’s foot and shoe deodorant will be among other in-demand fitness accessories and apparel as part of the May 2021 subscription package from Gainz Box. The
niche subscription service offers thoughtfully curated fitness-related gear and supplements and is available in all 50 states across the U.S., U.S. territories, and military bases. Gainz Box is
veteran-owned and proudly gives back to the community through various charities from each box sold.

The Way of Will 42 Foot & Shoe Deodorant is formulated with active lifestyles in mind to achieve maximum results. It is infused with peppermint and eucalyptus essential oil that
naturally and effectively eliminate odors. As with all Way of Will products, it is cruelty-free, vegan, and free of harsh, skin-irritating ingredients.

“We’re thrilled to be a part of the exceptional assortment of fitness products that Gainz Box offers its monthly subscribers,” commented Willie Tsang, CEO of New
Wave. “Our products are made for everybody, but with an emphasis on active lifestyles. We know fitness, and what works best naturally during and after an intense workout or training session. We’re
confident that our foot and shoe deodorant will make a positive difference to Gainz Box subscribers’ fitness regimen.”

ABOUT NEW WAVE HOLDINGS CORP.

New Wave Holdings Corp. (CSE: SPOR, FWB: 0XM2, OTCPK: TRMNF) is an investment issuer focused on the burgeoning nutraceutical and psychedelic sector and support for adaptive and progressive health
and wellness products and therapies. New Wave subsidiaries contain various health and beauty products within its portfolio of non-psychoactive plants and fungi as it continues to expand its product
distribution through vertical integration to provide end to end solutions while capturing a high margin business model.

Investors interested in connecting with New Wave Holdings can learn more about the company and contact the team at http://newwavecorp.com.

Information relating to WAY OF WILL INC., contained in this news release was provided by WAY OF WILL INC. and/or its agent and has not been independently verified by the Company. The Company does
not take responsibility for the accuracy of such information.

The CSE has not in any way passed on the merits of the Acquisition, and neither has approved nor disapproved the contents of this press release. Neither the CSE nor its Market Regulator (as that
term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. 

FORWARD-LOOKING INFORMATION DISCLAIMER

Certain statements contained in this news release may constitute forward–looking information, including but not limited to, applicable regulatory approval in connection with the Acquisition, the
closing of the Acquisition, expansion of operations, size and quality of future tournaments and projections regarding attendance at future events. Forward–looking information is often, but not
always, identified by the use of words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward–looking information involves known and
unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward–looking information. The Company’s actual results
could differ materially from those anticipated in this forward–looking information as a result of competitive factors and competition for investment opportunities, challenges relating to operations
in international markets, transaction execution risk, changes to the Company’s strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes
that the expectations reflected in the forward–looking information are reasonable based on current expectations and potential investment pipeline, but no assurance can be given that these
expectations will prove to be correct and such forward–looking information should not be unduly relied upon. Any forward–looking information contained in this news release represents the
Company’s expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward–looking information whether
as a result of new information, future events or otherwise, except as required by applicable securities legislation.

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New Wave Holdings

New Wave Holdings

New Wave Holdings Corp. (CSE: SPOR, FWB: 0XM2, OTC:TRMND) is an investment issuer focused on the burgeoning psychedelic and esports sectors. In the psychedelic sector, New Wave will focus on active psychedelic compounds, functional mushroom product lines, and develop an IP portfolio focusing on psilocybin, LSD, MDMA, and ketamine derived treatments for neuropsychiatric diseases.