Beyond Oil Ltd. announced that, Fandango Collection & Recycling Ltd. (Fandango), an exclusive distributor of Beyond Oil's product in Israel, has submitted an initial purchase order for 16 tons of Beyond Oil's product that will be integrated into a select number of their customer restaurants in Israel. The Company expects to supply the product within 90 days. The total number of product units associated with this purchase order is expected to be approximately 64,000 daily filtration doses, which is equal to 16 tons.

Product Highlights: Frying Oils Recovery: Extensive testing indicates that Beyond Oil's product extends the usable life of frying oil, improves product quality, and reduces frying oil costs. As a preferential adsorbent, the product reduces soluble impurities formed during the frying process that cause damaging free fatty acids (FFA) and total polar materials (TPM), undesirable odors, off-flavors, and off-colors. The product is simple to integrate into existing daily filtration processes.

One-of-a-Kind: To the Company's knowledge, Beyond Oil has developed a unique solution that can absorb the FFAs and TPMs generated in frying oil, together with other harmful components and undesired off-flavors, colors, and odors. Patent Protected: The Company also has a portfolio of registered and patent-pending solutions that extend the shelf-life of produced and used vegetable oils. Potential Cost-Savings: One of Beyond Oil's unique value propositions is that it could dramatically lower costs for quick-service restaurants by significantly extending the useful life of the oil while meeting food quality and safety requirements.

Distribution Ready: The Company received a non-objection letter from the US Food & Drug Administration (FDA) in March 2022, on the basis that all the Beyond Oil product ingredients meet food-grade specifications of the FDA. In May 2022, Beyond Oilreceived a non-objection letter from Health Canada and a National Sanitation Foundation certification. Beyond Oil is legally permitted to sell its product into the Israeli market according to the processing-aid and filtering-aid regulations.

How Product Works: The Beyond Oil product integrates with most passive filtration systems. The combination of active filtration by the powder and passive filtration by the filter media and filtration machine ensures the best results by removing other degradation particles. The powder remains on the filter media and creates an additional layer which provides the microfiltration benefit.